Measuring Each Microstep in a Trade

Hintze, John
January 2010
Securities Industry News;1/11/2010, Vol. 22 Issue 1, p11
Trade Publication
The article presents information on two sets of benchmarks and two sets of specifications for executive functions that are being developed by the Benchmark Council of the Securities Technology Analysis Center (STAC) to measure data passing through functions during the trade-execution process to collect and distribute market data in the U.S. They are known as STAC-M and STAC-E. To establish benchmarks to measure when data enters the leaves systems in the process, there is the STAC-E1 working group.


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