リサーチ
インフラの現場からのノート
取引所への接続と計測を通じて得た知見を、次のチームが同じことを二度調べずに済むよう書き留めています。価格予想もシグナルもありません。
Pay once, pay per order: where the time actually goes between you and a venue
A trading connector spends time in two very different ways. Some costs are paid once per connection; some are paid on every order. Mixing them is the most common reason latency work goes nowhere.
How we measure exchange latency, and what the two numbers mean
The Latency Monitor shows a connect time and a request time for every venue. Here is exactly how each is produced, why they are kept apart, and what you should not read into them.