LONDON NEW YORK February 24, 2011
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).
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.
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