OUCH Measurements of Order Latency: ITCH Measurements of Market Data Latency
  • The time it takes to accept, process, and acknowledge or fill an order.
  • Measured as the complete round trip for an order or cancel transaction leaving a customer network port, through the CoLo network and application firewalls to the matching engine and back.
  • Measured in the production environment during a full trading day including opening and close.
  • The time it takes to accept, process, and deliver a visible Member order via the ITCH Market Data stream (Multicast or TCP).
  • Measured from entering an order (see OUCH Measurements) until the ITCH Market Data Message is received at the customer network port.

Performance
  • Consistent Reliability - NASDAQ OMX delivers industry-leading performance and predictability with a reliable infrastructure boasting a 99.999% uptime.
  • Flexible Architecture - Designed for high throughput and low latency, INET is engineered to scale simply and gracefully all the while maintaining the same best-of-breed performance profile.
  • Price Discovery - NASDAQ OMX disseminates market data instantaneously, giving customers the ability to receive inside updates faster than any other market.
  • Unsurpassed Capacity - Our global platform can handle more than one million messages per second at sub-40 microsecond speeds.

Records
Message Volume 1,684,103,265
Messages per Second 1,134,640
Order Volume 871,875,595
Orders per Second 581,696
Share Volume 12,814,454,760
Executions per Second 193,350