An article relating to this blog post on Finextra:
Morgan Stanley to measure latency performance with Corvil
Morgan Stanley is to use latency monitoring technology from Corvil to analyse and optimise data transmission speeds from its market data plants in New York and London and to and from execution venues.
Many trading strategies and volumes change throughout the day resulting in uneven latency requirements. This is the real world reality of low latency. The vendors that claim ultra-low latency are offering speeds that, most likely, were achieved in closed,
clinical, laboratory conditions.
A dealing floor is an irregular environment where programme trading strategies are constantly changing.
The demands of low latency networks in order to support algorithmic trading are causing the big banks to build their own networks and feed handlers in-house.
The real ‘low latency' vendor race will probably not be with the providers but within testing and monitoring tools to ensure best practice for ultra low latency networks.