Search icon CANCEL
Subscription
0
Cart icon
Your Cart (0 item)
Close icon
You have no products in your basket yet
Save more on your purchases! discount-offer-chevron-icon
Savings automatically calculated. No voucher code required.
Arrow left icon
Explore Products
Best Sellers
New Releases
Books
Videos
Audiobooks
Learning Hub
Newsletter Hub
Free Learning
Arrow right icon
timer SALE ENDS IN
0 Days
:
00 Hours
:
00 Minutes
:
00 Seconds
Building Low Latency Applications with C++
Building Low Latency Applications with C++

Building Low Latency Applications with C++: Develop a complete low latency trading ecosystem from scratch using modern C++

eBook
€23.99 €26.99
Paperback
€33.99
Subscription
Free Trial
Renews at €18.99p/m

What do you get with Print?

Product feature icon Instant access to your digital copy whilst your Print order is Shipped
Product feature icon Paperback book shipped to your preferred address
Product feature icon Redeem a companion digital copy on all Print orders
Product feature icon Access this title in our online reader with advanced features
Product feature icon DRM FREE - Read whenever, wherever and however you want
Product feature icon AI Assistant (beta) to help accelerate your learning
OR
Modal Close icon
Payment Processing...
tick Completed

Shipping Address

Billing Address

Shipping Methods
Table of content icon View table of contents Preview book icon Preview Book

Building Low Latency Applications with C++

Introducing Low Latency Application Development in C++

Let us kick off our journey with low latency applications by introducing them in this first chapter. In this chapter, we will first understand the behavior and requirements of latency-sensitive and latency-critical applications. We will understand the huge business impact that application latencies have for businesses that rely on quick and strict response times.

We will also discuss why C++ is one of the most preferred programming languages when it comes to low latency application development. We will spend a large part of this book building an entire low latency electronic trading system from scratch in C++. So, this will serve as a good chapter for you to understand the motivation for using C++ as well as what makes it the most popular language for low latency applications.

We will also present some of the important low latency applications in different business areas. Part of the motivation is to make you understand that latencies are indeed very critical in different business areas for use cases that are sensitive to response times. The other part of the motivation is to identify the similarities in the behavior, expectations, design, and implementation of these applications. Even though they solve different business problems, the low latency requirements of these applications are often built on similar technical design and implementation principles.

In this chapter, we will cover the following topics:

  • Understanding the requirements for latency-sensitive applications
  • Understanding why C++ is the preferred programming language
  • Introducing some important low latency applications

In order to build ultra-low latency applications effectively, we should first understand the terms and concepts we will refer to throughout the rest of this book. We should also understand why C++ has emerged as the clear choice for most low latency application development. It is also important to always keep the business impact of low latencies in mind because the aim is to build low latency applications to benefit the business’s bottom line. This chapter discusses these ideas so that you can build a good foundation before we dive into the technical details in the rest of this book.

Left arrow icon Right arrow icon
Download code icon Download Code

Key benefits

  • Understand the impact application performance latencies have on different business use cases
  • Develop a deep understanding of C++ features for low latency applications through real-world examples and performance data
  • Learn how to build all the components of a C++ electronic trading system from scratch

Description

C++ is meticulously designed with efficiency, performance, and flexibility as its core objectives. However, real-time low latency applications demand a distinct set of requirements, particularly in terms of performance latencies. With this book, you’ll gain insights into the performance requirements for low latency applications and the C++ features critical to achieving the required performance latencies. You’ll also solidify your understanding of the C++ principles and techniques as you build a low latency system in C++ from scratch. You’ll understand the similarities between such applications, recognize the impact of performance latencies on business, and grasp the reasons behind the extensive efforts invested in minimizing latencies. Using a step-by-step approach, you’ll embark on a low latency app development journey by building an entire electronic trading system, encompassing a matching engine, market data handlers, order gateways, and trading algorithms, all in C++. Additionally, you’ll get to grips with measuring and optimizing the performance of your trading system. By the end of this book, you’ll have a comprehensive understanding of how to design and build low latency applications in C++ from the ground up, while effectively minimizing performance latencies.

Who is this book for?

This book is for C++ developers who want to gain expertise in low latency applications and effective design and development strategies. C++ software engineers looking to apply their knowledge to low latency trading systems such as HFT will find this book useful to understand which C++ features matter and which ones to avoid. Quantitative researchers in the trading industry eager to delve into the intricacies of low latency implementation will also benefit from this book. Familiarity with Linux and the C++ programming language is a prerequisite for this book.

What you will learn

  • Gain insights into the nature of low latency applications across various industries
  • Understand how to design and implement low latency applications
  • Explore C++ design paradigms and features for low latency development
  • Discover which C++ features are best avoided in low latency development
  • Implement best practices and C++ features for low latency
  • Measure performance and improve latencies in the trading system
Estimated delivery fee Deliver to Denmark

Premium delivery 7 - 10 business days

€17.95
(Includes tracking information)

Product Details

Country selected
Publication date, Length, Edition, Language, ISBN-13
Publication date : Jul 21, 2023
Length: 506 pages
Edition : 1st
Language : English
ISBN-13 : 9781837639359
Category :
Languages :

What do you get with Print?

Product feature icon Instant access to your digital copy whilst your Print order is Shipped
Product feature icon Paperback book shipped to your preferred address
Product feature icon Redeem a companion digital copy on all Print orders
Product feature icon Access this title in our online reader with advanced features
Product feature icon DRM FREE - Read whenever, wherever and however you want
Product feature icon AI Assistant (beta) to help accelerate your learning
OR
Modal Close icon
Payment Processing...
tick Completed

Shipping Address

Billing Address

Shipping Methods
Estimated delivery fee Deliver to Denmark

Premium delivery 7 - 10 business days

€17.95
(Includes tracking information)

Product Details

Publication date : Jul 21, 2023
Length: 506 pages
Edition : 1st
Language : English
ISBN-13 : 9781837639359
Category :
Languages :

Packt Subscriptions

See our plans and pricing
Modal Close icon
€18.99 billed monthly
Feature tick icon Unlimited access to Packt's library of 7,000+ practical books and videos
Feature tick icon Constantly refreshed with 50+ new titles a month
Feature tick icon Exclusive Early access to books as they're written
Feature tick icon Solve problems while you work with advanced search and reference features
Feature tick icon Offline reading on the mobile app
Feature tick icon Simple pricing, no contract
€189.99 billed annually
Feature tick icon Unlimited access to Packt's library of 7,000+ practical books and videos
Feature tick icon Constantly refreshed with 50+ new titles a month
Feature tick icon Exclusive Early access to books as they're written
Feature tick icon Solve problems while you work with advanced search and reference features
Feature tick icon Offline reading on the mobile app
Feature tick icon Choose a DRM-free eBook or Video every month to keep
Feature tick icon PLUS own as many other DRM-free eBooks or Videos as you like for just €5 each
Feature tick icon Exclusive print discounts
€264.99 billed in 18 months
Feature tick icon Unlimited access to Packt's library of 7,000+ practical books and videos
Feature tick icon Constantly refreshed with 50+ new titles a month
Feature tick icon Exclusive Early access to books as they're written
Feature tick icon Solve problems while you work with advanced search and reference features
Feature tick icon Offline reading on the mobile app
Feature tick icon Choose a DRM-free eBook or Video every month to keep
Feature tick icon PLUS own as many other DRM-free eBooks or Videos as you like for just €5 each
Feature tick icon Exclusive print discounts

Frequently bought together


Stars icon
Total 108.97
Building Low Latency Applications with C++
€33.99
Expert C++
€37.99
Hands-On Design Patterns with C++
€36.99
Total 108.97 Stars icon

Table of Contents

18 Chapters
Part 1:Introducing C++ Concepts and Exploring Important Low-Latency Applications Chevron down icon Chevron up icon
Chapter 1: Introducing Low Latency Application Development in C++ Chevron down icon Chevron up icon
Chapter 2: Designing Some Common Low Latency Applications in C++ Chevron down icon Chevron up icon
Chapter 3: Exploring C++ Concepts from A Low-Latency Application’s Perspective Chevron down icon Chevron up icon
Chapter 4: Building the C++ Building Blocks for Low Latency Applications Chevron down icon Chevron up icon
Part 2:Building a Live Trading Exchange in C++ Chevron down icon Chevron up icon
Chapter 5: Designing Our Trading Ecosystem Chevron down icon Chevron up icon
Chapter 6: Building the C++ Matching Engine Chevron down icon Chevron up icon
Chapter 7: Communicating with Market Participants Chevron down icon Chevron up icon
Part 3:Building Real-Time C++ Algorithmic Trading Systems Chevron down icon Chevron up icon
Chapter 8: Processing Market Data and Sending Orders to the Exchange in C++ Chevron down icon Chevron up icon
Chapter 9: Building the C++ Trading Algorithm’s Building Blocks Chevron down icon Chevron up icon
Chapter 10: Building the C++ Market Making and Liquidity Taking Algorithms Chevron down icon Chevron up icon
Part 4:Analyzing and Improving Performance Chevron down icon Chevron up icon
Chapter 11: Adding Instrumentation and Measuring Performance Chevron down icon Chevron up icon
Chapter 12: Analyzing and Optimizing the Performance of Our C++ System Chevron down icon Chevron up icon
Index Chevron down icon Chevron up icon
Other Books You May Enjoy Chevron down icon Chevron up icon

Customer reviews

Top Reviews
Rating distribution
Full star icon Full star icon Full star icon Full star icon Half star icon 4.2
(15 Ratings)
5 star 60%
4 star 20%
3 star 6.7%
2 star 6.7%
1 star 6.7%
Filter icon Filter
Top Reviews

Filter reviews by




Salim Pamukcu Jan 19, 2024
Full star icon Full star icon Full star icon Full star icon Full star icon 5
awesome book with detailed usefull explanation with real time cases
Feefo Verified review Feefo
POE Sep 12, 2023
Full star icon Full star icon Full star icon Full star icon Full star icon 5
This book is well written and covers two important areas: developing low latency applications with C++ (as the title suggests), and electronic trading systems. The author’s expertise in both areas is evident throughout the book.There are ample code examples and plethora of topics including Internet of Things (IoT), memory pool abstraction, performance, optimizations, instrumentation, and more. A set of utilities and classes are provided to help support network socket operations. The author also walks readers through the design and development of a trading system.If you are a serious C++ developer, want to learn how to write low latency applications, or are just interested in electronic trading systems, then this book is for you.Great resource!
Amazon Verified review Amazon
Wayne Oct 16, 2023
Full star icon Full star icon Full star icon Full star icon Full star icon 5
I primarily use C# at work, but in college, I spent time using C++ for algo/data structures courses, but we never went this in-depth. If you are looking to get into C++ and have either taken a 101 and 102 in C++ or have been using Java/C# for a bit, this is a great book if you want to check out C++ on a much deeper level. There are a ton of things you likely won't know if you aren't already in the trading space, and even if it doesn't fulfill every feature required, you'll have a lot of tools to do that yourself. I used this book to check out C++ again, and it was worth it.
Amazon Verified review Amazon
Reader Sep 08, 2023
Full star icon Full star icon Full star icon Full star icon Full star icon 5
From the moment I cracked open the book, I was struck by the author's evident passion for their subject matter. The depth of research and meticulous attention to detail is immediately apparent, and it's clear that this is the work of an expert in their field. This level of expertise truly enhances the reading experience and provides a sense of trustworthiness that is invaluable when diving into a complex subject.
Amazon Verified review Amazon
Guanqi Oct 26, 2023
Full star icon Full star icon Full star icon Full star icon Full star icon 5
Great book for low latency trading
Amazon Verified review Amazon
Get free access to Packt library with over 7500+ books and video courses for 7 days!
Start Free Trial

FAQs

What is the digital copy I get with my Print order? Chevron down icon Chevron up icon

When you buy any Print edition of our Books, you can redeem (for free) the eBook edition of the Print Book you’ve purchased. This gives you instant access to your book when you make an order via PDF, EPUB or our online Reader experience.

What is the delivery time and cost of print book? Chevron down icon Chevron up icon

Shipping Details

USA:

'

Economy: Delivery to most addresses in the US within 10-15 business days

Premium: Trackable Delivery to most addresses in the US within 3-8 business days

UK:

Economy: Delivery to most addresses in the U.K. within 7-9 business days.
Shipments are not trackable

Premium: Trackable delivery to most addresses in the U.K. within 3-4 business days!
Add one extra business day for deliveries to Northern Ireland and Scottish Highlands and islands

EU:

Premium: Trackable delivery to most EU destinations within 4-9 business days.

Australia:

Economy: Can deliver to P. O. Boxes and private residences.
Trackable service with delivery to addresses in Australia only.
Delivery time ranges from 7-9 business days for VIC and 8-10 business days for Interstate metro
Delivery time is up to 15 business days for remote areas of WA, NT & QLD.

Premium: Delivery to addresses in Australia only
Trackable delivery to most P. O. Boxes and private residences in Australia within 4-5 days based on the distance to a destination following dispatch.

India:

Premium: Delivery to most Indian addresses within 5-6 business days

Rest of the World:

Premium: Countries in the American continent: Trackable delivery to most countries within 4-7 business days

Asia:

Premium: Delivery to most Asian addresses within 5-9 business days

Disclaimer:
All orders received before 5 PM U.K time would start printing from the next business day. So the estimated delivery times start from the next day as well. Orders received after 5 PM U.K time (in our internal systems) on a business day or anytime on the weekend will begin printing the second to next business day. For example, an order placed at 11 AM today will begin printing tomorrow, whereas an order placed at 9 PM tonight will begin printing the day after tomorrow.


Unfortunately, due to several restrictions, we are unable to ship to the following countries:

  1. Afghanistan
  2. American Samoa
  3. Belarus
  4. Brunei Darussalam
  5. Central African Republic
  6. The Democratic Republic of Congo
  7. Eritrea
  8. Guinea-bissau
  9. Iran
  10. Lebanon
  11. Libiya Arab Jamahriya
  12. Somalia
  13. Sudan
  14. Russian Federation
  15. Syrian Arab Republic
  16. Ukraine
  17. Venezuela
What is custom duty/charge? Chevron down icon Chevron up icon

Customs duty are charges levied on goods when they cross international borders. It is a tax that is imposed on imported goods. These duties are charged by special authorities and bodies created by local governments and are meant to protect local industries, economies, and businesses.

Do I have to pay customs charges for the print book order? Chevron down icon Chevron up icon

The orders shipped to the countries that are listed under EU27 will not bear custom charges. They are paid by Packt as part of the order.

List of EU27 countries: www.gov.uk/eu-eea:

A custom duty or localized taxes may be applicable on the shipment and would be charged by the recipient country outside of the EU27 which should be paid by the customer and these duties are not included in the shipping charges been charged on the order.

How do I know my custom duty charges? Chevron down icon Chevron up icon

The amount of duty payable varies greatly depending on the imported goods, the country of origin and several other factors like the total invoice amount or dimensions like weight, and other such criteria applicable in your country.

For example:

  • If you live in Mexico, and the declared value of your ordered items is over $ 50, for you to receive a package, you will have to pay additional import tax of 19% which will be $ 9.50 to the courier service.
  • Whereas if you live in Turkey, and the declared value of your ordered items is over € 22, for you to receive a package, you will have to pay additional import tax of 18% which will be € 3.96 to the courier service.
How can I cancel my order? Chevron down icon Chevron up icon

Cancellation Policy for Published Printed Books:

You can cancel any order within 1 hour of placing the order. Simply contact customercare@packt.com with your order details or payment transaction id. If your order has already started the shipment process, we will do our best to stop it. However, if it is already on the way to you then when you receive it, you can contact us at customercare@packt.com using the returns and refund process.

Please understand that Packt Publishing cannot provide refunds or cancel any order except for the cases described in our Return Policy (i.e. Packt Publishing agrees to replace your printed book because it arrives damaged or material defect in book), Packt Publishing will not accept returns.

What is your returns and refunds policy? Chevron down icon Chevron up icon

Return Policy:

We want you to be happy with your purchase from Packtpub.com. We will not hassle you with returning print books to us. If the print book you receive from us is incorrect, damaged, doesn't work or is unacceptably late, please contact Customer Relations Team on customercare@packt.com with the order number and issue details as explained below:

  1. If you ordered (eBook, Video or Print Book) incorrectly or accidentally, please contact Customer Relations Team on customercare@packt.com within one hour of placing the order and we will replace/refund you the item cost.
  2. Sadly, if your eBook or Video file is faulty or a fault occurs during the eBook or Video being made available to you, i.e. during download then you should contact Customer Relations Team within 14 days of purchase on customercare@packt.com who will be able to resolve this issue for you.
  3. You will have a choice of replacement or refund of the problem items.(damaged, defective or incorrect)
  4. Once Customer Care Team confirms that you will be refunded, you should receive the refund within 10 to 12 working days.
  5. If you are only requesting a refund of one book from a multiple order, then we will refund you the appropriate single item.
  6. Where the items were shipped under a free shipping offer, there will be no shipping costs to refund.

On the off chance your printed book arrives damaged, with book material defect, contact our Customer Relation Team on customercare@packt.com within 14 days of receipt of the book with appropriate evidence of damage and we will work with you to secure a replacement copy, if necessary. Please note that each printed book you order from us is individually made by Packt's professional book-printing partner which is on a print-on-demand basis.

What tax is charged? Chevron down icon Chevron up icon

Currently, no tax is charged on the purchase of any print book (subject to change based on the laws and regulations). A localized VAT fee is charged only to our European and UK customers on eBooks, Video and subscriptions that they buy. GST is charged to Indian customers for eBooks and video purchases.

What payment methods can I use? Chevron down icon Chevron up icon

You can pay with the following card types:

  1. Visa Debit
  2. Visa Credit
  3. MasterCard
  4. PayPal
What is the delivery time and cost of print books? Chevron down icon Chevron up icon

Shipping Details

USA:

'

Economy: Delivery to most addresses in the US within 10-15 business days

Premium: Trackable Delivery to most addresses in the US within 3-8 business days

UK:

Economy: Delivery to most addresses in the U.K. within 7-9 business days.
Shipments are not trackable

Premium: Trackable delivery to most addresses in the U.K. within 3-4 business days!
Add one extra business day for deliveries to Northern Ireland and Scottish Highlands and islands

EU:

Premium: Trackable delivery to most EU destinations within 4-9 business days.

Australia:

Economy: Can deliver to P. O. Boxes and private residences.
Trackable service with delivery to addresses in Australia only.
Delivery time ranges from 7-9 business days for VIC and 8-10 business days for Interstate metro
Delivery time is up to 15 business days for remote areas of WA, NT & QLD.

Premium: Delivery to addresses in Australia only
Trackable delivery to most P. O. Boxes and private residences in Australia within 4-5 days based on the distance to a destination following dispatch.

India:

Premium: Delivery to most Indian addresses within 5-6 business days

Rest of the World:

Premium: Countries in the American continent: Trackable delivery to most countries within 4-7 business days

Asia:

Premium: Delivery to most Asian addresses within 5-9 business days

Disclaimer:
All orders received before 5 PM U.K time would start printing from the next business day. So the estimated delivery times start from the next day as well. Orders received after 5 PM U.K time (in our internal systems) on a business day or anytime on the weekend will begin printing the second to next business day. For example, an order placed at 11 AM today will begin printing tomorrow, whereas an order placed at 9 PM tonight will begin printing the day after tomorrow.


Unfortunately, due to several restrictions, we are unable to ship to the following countries:

  1. Afghanistan
  2. American Samoa
  3. Belarus
  4. Brunei Darussalam
  5. Central African Republic
  6. The Democratic Republic of Congo
  7. Eritrea
  8. Guinea-bissau
  9. Iran
  10. Lebanon
  11. Libiya Arab Jamahriya
  12. Somalia
  13. Sudan
  14. Russian Federation
  15. Syrian Arab Republic
  16. Ukraine
  17. Venezuela