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

Exploring low latency electronic trading

The final example of low latency applications is the applications used in low latency electronic trading and ultra-low latency electronic trading, also known as HFT. We will build a full end-to-end low latency electronic trading system from scratch in C++ in the rest of this book. So, in this section, we will briefly discuss the important considerations for electronic trading applications to achieve low latency performance and then build out the low-level details in the remaining chapters. Developing High-Frequency Trading Systems by Sebastian Donadio, Sourav Ghosh, and Romain Rossier would be an excellent book for understanding low latency electronic trading systems in greater detail for interested readers. Our focus in this book will be to design and build each component from scratch in C++ to learn about low latency application development, but that book can be used as a good reference for the additional theory behind the HFT business.

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