15 December 2017
visit www.aciworldwide.com

Nomura moves to 'nanosecond' latency monitoring with Corvil

24 February 2011  |  2653 views  |  0 Source: Corvil

Corvil, a provider of latency management systems for high performance trading and market data, today announced that Nomura, the global investment bank, is using Corvil's Latency Management System to achieve nanosecond latency reporting for their ultra-low latency, Direct Market Access (DMA) platform, NXT Direct.

Nomura has been using Corvil technology in its Equities DMA operations to monitor trade performance and validate latency. Traditionally, this has been done at millisecond (thousandth of a second) and then microsecond (millionth of a second) granularity. However, as the performance of Nomura's DMA platform has improved, microseconds are no longer sufficient to track performance. Latency across the various processes within NXT Direct is now best expressed in nanoseconds (billionth of a second).

"Since the launch of NXT Direct, we have been providing ultra-low latency Direct Market Access services to our clients globally below three microseconds latency. Now with Corvil technology, we are delighted to be able to independently verify and monitor this performance at nanosecond granularity," said Sanjoy Choudhury, Co-Head of Electronic Product Management, Americas, Nomura Securities International Inc."

Corvil partnered with Nomura to achieve this result using the latest version of its CorvilNet technology, which measures and reports latencies with nanosecond resolution in real time. This is an industry leading initiative that now allows Nomura to monitor nanosecond-level latency for its DMA clients.

The solution is co-located with all the major US equity trading venues, and provides per-client, per venue analysis. Nomura can also view latencies for single orders, acknowledgements, fills and all other order types.

"There has been an insatiable drive by our customers from milliseconds to microseconds and now to nanoseconds," said Donal O'Sullivan, VP Product Management, Corvil. "Now with our latest release Corvil customers can detect if someone inserts a 10m cable instead of a 5m cable by looking at the latency reports."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.niceactimize.comvisit www.response.ncr.com

Top topics

Most viewed Most shared
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
10296 views comments | 17 tweets | 25 linkedin
satelliteRipple completes XRP Lockup
9559 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9035 views comments | 17 tweets | 36 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7646 views comments | 20 tweets | 11 linkedin
Australian Government amends AML rules to cover digital currenciesAustralian Government amends AML rules to...
7258 views comments | 15 tweets | 24 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job