Westernpips Research Desk
Market Structure Research
- Latency arbitrage
- Market microstructure
- Low-latency networks
- FX liquidity
- Trading protocols
The Westernpips Research Desk covers market microstructure, latency-sensitive trading infrastructure and institutional liquidity. The team behind it builds and operates low-latency trading software, so its research is written from the perspective of practitioners who measure microseconds for a living.
Every article is based on primary sources — regulator papers, exchange specifications, academic research and venue rule filings — and is reviewed against our editorial policy before publication. Figures are linked to their source, and articles are updated when the market structure they describe changes.