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Quantitative Finance · Glosario

¿Qué es Sponsored-access risk layer?

Definition 22.4 Networks, Hardware and Trading Infrastructure · Capítulo 22 — Equities and Options Connectivity

A sponsored-access risk layer is the sponsoring broker’s pre-trade control, in software or in a hardware gateway, through which every order and quote of a sponsored firm passes on its way to the venue, and which adds its processing latency to every message.

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