Westernpips Research Desk

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.

Editorial policy and fact-checking