Endace Bows Managed Latency Service

New Zealand-based packet capture and network monitoring technology vendor Endace will this week announce a hosted latency monitoring service that will provide information on the latency of clients' connections to trading venues, officials tell Inside Market Data.

Previously, firms would have needed to buy the vendor's network probe hardware appliances and build their own monitoring infrastructure. But only a relatively small number of banks, hedge funds and trading firms are in a position to