Software tracks trading market in real-time.February 11, 2008 -
With Market Latency Metrics(TM), users can measure real-time trading system throughput, market data latency, and Exchange delays. Program samples network message traffic while it traverses Data Feed Handlers to consuming applications. It supports granular views of message travel time through key components or holistic views for end-to-end picture. In addition, Market Latency Metrics can track Direct Exchange Feed latency and latency indications for Consolidated data feeds.
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Original Press release
Trading Metrics Inc.
Suite 130
New York, NY, 10001
USA
Trading Metrics(TM) Launches Market Latency Metrics 1.0
- a new platform to manage and measure the speed of Market Data, Exchange Data and Trading Applications
NEW YORK, Feb. 4 /- Trading Metrics(TM) announces Market Latency Metrics (TM), a new software application that measures real-time trading system throughput, market data latency and Exchange delays.
"Today, tracking market data latency and the throughput of the data distribution infrastructure -- in real time -- is a prerequisite for high frequency trading strategies," says Jeff Drew, Founder and CEO, Trading Metrics. "Because our product provides real-time micro-second measurements, delays stemming from the Exchanges, the data distribution middleware or network components will trigger alerts to trading, operations and compliance."
The system does not require modifications to the Market Data platform or the trading applications in use. Market Latency Metrics samples network message traffic while it traverses Data Feed Handlers to consuming applications. The client determines the specific points of measurement. The system supports granular views of message travel time through key components or holistic views for an end-to-end picture. Market Latency Metrics can also track Direct Exchange Feed latency and latency indications for Consolidated data feeds.
"Currently, we are a Reuters(TM) Application Partner and have plans to expand to other platforms" continued Drew. Other protocols will be supported as 'loadable modules'. "We are building an extensible platform where additional protocols can be easily added while using the existing functionality of trend analysis, reporting and alerting," explains Drew.
The product is available immediately. For more information please visit www.tradingmetrics.com.
Company Background
Trading Metrics (TM) Inc. is a privately held company with venture-backed funding from VantagePoint Partners. Trading Metrics was founded to help brokers build and deploy FIX order flow tracking systems. Brokers use the analysis to embellish their Direct Market Access platform with customer- specific trading reports. In 2007, Trading Metrics accepted venture funding to expand its offerings and to address the requirements of the Capital Market sector for a software platform that is quickly deployed, easily expandable and globally available.
Designated trademarks and brands are intellectual property of their respective owners.
CONTACT: Marie Giangrande of Trading Metrics Inc., +1-203-536-1334 or marie@tradingmetrics.com
Web site: http://www.tradingmetrics.com/
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