Latency

Chi-X Europe offers a roundtrip latency of as little as 400 microseconds when co-located and an average internal latency of 350 microseconds, considerably faster than the incumbent exchanges in Europe.

Roundtrip External Latency By Venue

Trading venue Average latency (milliseconds)
Chi-X Europe
0.4 (co-located)*
LSE SETS <6
Euronext 13
Deutsche Borse Xetra 37
OMX 43

Source: Internal system performance measurement statistics for average DMA order messaging in October 2008, supplied by a Chi-X Trading Participant. These internal figures are for round trip latency message acknowledgement based on sending an average number of messages to the exchange system and obtaining a response back to the participant's system over the course of a normal trading day. These figures are provided for illustrative purposes only and are not intended to represent an independent performance measure of latency.

*Third party network vendor connectivity with additional latency improvement possible through Co-location and leased line connectivity.