What Metrics Are Essential for Real-Time Monitoring of Network Latency and Jitter?
Essential metrics include round-trip time (RTT) to exchanges, which measures latency for order submission. Jitter is monitored by calculating the standard deviation of RTT over short intervals.
Packet loss rate is also critical, as is the time spent in the network interface card (NIC) queue. These metrics must be tracked with microsecond precision and visualized on a real-time dashboard to detect performance degradation immediately.
Glossar
Monitoring
Detection ⎊ Monitoring within cryptocurrency, options trading, and financial derivatives centers on identifying anomalous patterns indicative of market manipulation, systemic risk, or operational failures.
Jitter
Variance ⎊ Jitter, within cryptocurrency derivatives, represents the rapid, short-term fluctuations in asset prices, exceeding expected volatility models and impacting option pricing accuracy.
Network Jitter
Variation ⎊ Network jitter is the measurable variation in the time delay, or latency, experienced by successive data packets carrying market data or trade orders across a network path.