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Quantitative Finance · Glossary

What is Cold path?

Definition 7.5 Low-Latency Software · Chapter 7 — C++ for Latency II: Compile Time

A cold path is code that runs rarely (error handling, logging of an anomaly, recovery). Keeping it out of the hot function, by marking the rare branch [[unlikely]] and the rare function cold and noinline, keeps the hot code small and contiguous in the instruction cache, with the common case falling through.

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