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Quantitative Finance · Glosario

¿Qué es Message throttle?

Definition 10.4 Market Making and High-Frequency Trading · Capítulo 10 — The Quoting Engine

A message throttle is a limit on the rate of messages a trading system sends, imposed by the venue on each session or by the firm on itself, and the policy for what is sent when the limit binds: which messages go first, which are deferred and which are dropped.

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