Catch Me if You Can
First Published in Automated Trader Magazine Issue 06 July 2007 : Feature
Automated traders whose strategies depend on speed are turning to 'true' direct market access to avoid the latency burden of futures clearers' pre-trade risk management tools. Chris Hall looks at clearers' efforts to monitor trading risks without imposing unnecessary restraints on high-frequency clients.
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Stephane Di Tullio, Barclays Capital:"Some checks … take maybe a millisecond, but any level of complex computation can add a lot of latency." |



