FIPL Latency Standard Nears Completion

Henry Young, TS-Associates

A prototype version of the nascent FIX for Inter-Party Latency standard for latency measurement and reporting has completed testing with a number of firms involved in FIX Protocol Limited’s Inter-Party Latency Working Group, ahead of a production release of the protocol scheduled for the fourth quarter of this year.

Henry Young, chief executive of latency monitoring vendor TS-Associates and chair of the working group, says the testing—which involved these firms setting up independently-developed

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