CorvilNet to monitor, analyze and optimize electronic trading infrastructures against ultra-low latency objectives
Corvil, a provider of electronic trading and market data latency technologies and services, has announced that CME Group, a derivatives exchange, has deployed CorvilNet, the company’s latency management system.
CorvilNet monitors, analyzes and optimizes electronic trading infrastructures against ultra-low latency objectives encompassing market data feeds and order execution traffic, said Corvil.
With the CorvilNet latency management system, clients specify latency objectives of their trading and market data infrastructures in terms of microsecond targets, and automatically and continuously monitor for compliance against those baselines, added Corvil.
If latency violations occur, CorvilNet immediately alarms, performs a smart packet capture for deep forensics and provides immediate recommendations for optimizations to re-establish compliance. CorvilNet also measures headroom available for market surges, traffic growth and impact of new applications or customers on a network, according to Corvil.
Kevin Kometer, managing director and chief information officer of CME Group, said: A key element of our business is to provide low-latency trading and data services to our customers: CorvilNet’s real-time monitoring capability and in-depth analytical tools enable us to optimize the performance of these core services.