Book Image

Building Low Latency Applications with C++

By : Sourav Ghosh
5 (1)
Book Image

Building Low Latency Applications with C++

5 (1)
By: Sourav Ghosh

Overview of this book

C++ is meticulously designed with efficiency, performance, and flexibility as its core objectives. However, real-time low latency applications demand a distinct set of requirements, particularly in terms of performance latencies. With this book, you’ll gain insights into the performance requirements for low latency applications and the C++ features critical to achieving the required performance latencies. You’ll also solidify your understanding of the C++ principles and techniques as you build a low latency system in C++ from scratch. You’ll understand the similarities between such applications, recognize the impact of performance latencies on business, and grasp the reasons behind the extensive efforts invested in minimizing latencies. Using a step-by-step approach, you’ll embark on a low latency app development journey by building an entire electronic trading system, encompassing a matching engine, market data handlers, order gateways, and trading algorithms, all in C++. Additionally, you’ll get to grips with measuring and optimizing the performance of your trading system. By the end of this book, you’ll have a comprehensive understanding of how to design and build low latency applications in C++ from the ground up, while effectively minimizing performance latencies.
Table of Contents (19 chapters)
1
Part 1:Introducing C++ Concepts and Exploring Important Low-Latency Applications
6
Part 2:Building a Live Trading Exchange in C++
10
Part 3:Building Real-Time C++ Algorithmic Trading Systems
14
Part 4:Analyzing and Improving Performance

Summary

The first section of this chapter focused on analyzing the latency metrics we added to our electronic trading systems in the previous chapter. We discussed a few examples of latency measurements for internal functions, as well as a few examples of latency measurements between critical hops in our system. The goal was to understand the distribution of latencies in different cases so that you understand how to identify and investigate areas of potential problems or optimization opportunities.

In the second section of this chapter, we discussed a few tips and techniques regarding how to approach potential performance optimization possibilities. We presented a few examples of what could be improved and discussed the performance problems that exist in the current design and solutions to those problems.

In the concluding section, we described a roadmap for the future of the electronic trading ecosystem we built in this book. We discussed several different components, sub-components...