Sequencer Determinism: Why Wall-Clock Time and a Monotonic Counter Give You Two Different Order Books
Two NTP-synced clocks on the same rack can drift 50 microseconds apart. If the next two events in your order…
Tag: order book replay
Designing Market Data for Deterministic Replay
You are designing the market-data path for a trading system. Somewhere in the requirements, written down or not, is one…