The variance or variability in the average latency of order execution, reflecting the extent to which a platform with low latency is reliable. The higher the jitter the less reliable the platform, and vice versa. Jitter measures the amount of variation in latency/ response time, in milliseconds. Reliable platforms invariably report back the same level of latency. High variation (or ‘jitter’) is an indication of a malfunctioning platform.
March 14, 2024
