You're reading from Building Low Latency Applications with C++

Product type Book

Published in Jul 2023

Publisher Packt

ISBN-13 9781837639359

Pages 506 pages

Edition 1st Edition

Languages

Concepts

Programming Language

Author (1):

Sourav Ghosh

Table of Contents (19) Chapters

Preface

1. Part 1:Introducing C++ Concepts and Exploring Important Low-Latency Applications

2. Chapter 1: Introducing Low Latency Application Development in C++

3. Chapter 2: Designing Some Common Low Latency Applications in C++

4. Chapter 3: Exploring C++ Concepts from A Low-Latency Application’s Perspective

5. Chapter 4: Building the C++ Building Blocks for Low Latency Applications

6. Part 2:Building a Live Trading Exchange in C++

7. Chapter 5: Designing Our Trading Ecosystem

8. Chapter 6: Building the C++ Matching Engine

9. Chapter 7: Communicating with Market Participants

10. Part 3:Building Real-Time C++ Algorithmic Trading Systems

11. Chapter 8: Processing Market Data and Sending Orders to the Exchange in C++

12. Chapter 9: Building the C++ Trading Algorithm’s Building Blocks

13. Chapter 10: Building the C++ Market Making and Liquidity Taking Algorithms

14. Part 4:Analyzing and Improving Performance

15. Chapter 11: Adding Instrumentation and Measuring Performance

16. Chapter 12: Analyzing and Optimizing the Performance of Our C++ System

17. Index

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18. Other Books You May Enjoy

Building the market data publisher

The last component in the electronic trading exchange we need to build is the market data publisher, which is how the exchange publishes public market data updates to any market participants that need it. Revisiting the design of the market data publisher, we present a diagram of how this component communicates with the matching engine and publishes to the market data participants over UDP, as follows.

Figure 7.2 – Market data publisher and its subcomponents

We would like to remind you that the purpose and design of the market data publisher were discussed in detail in the Designing Our Trading Ecosystem chapter, specifically in the Understanding the layout of the electronic trading ecosystem and Understanding how an exchange publishes information to participants sections. We would strongly encourage you to revisit those sections to follow along as we build our market data publisher component.

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