Corvil provides Certification in Latency - Latency Management Engineer Program

Corvil has launched the Corvil Certified Latency Management Engineer (CCLME) program. The program provides formal certification in latency management for electronic trading.

Designed for professionals who work in the electronic trading industry, the program will provide education on techniques for managing latency and performance across trading applications and infrastructure. It was developed by Corvil using its experience in over 100 complex environments covering the Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term, sell-side, service provider and trading venues.

The program syllabus includes:

Transaction flow, including order lifecycle, multi-hop analysis, fill rate, gateways, SORs, order to tick, and tick to order.

Market data, including microburst analysis, gap detection, A vs. B feed latency, native vs. consolidated feed latency, embedded timestamps.

Network performance, including Service Provider SLA reporting, firewall and switch latency, link sizing.

"The cost and complexity of electronic trading environments has grown rapidly in the last few years, and this has driven demand for skills and expertise in many new technology areas" said Donal O'Sullivan, Vice President of Product Management at Corvil. "Candidates who successfully complete the certification program will be armed with the state of the art techniques and technologies in the industry, and know how to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term them for the monitoring and management of trading infrastructure within their respective business."

The first certification programs are scheduled for July and will run continuously thereafter.