Quant Interview Practice Questions

During periods of high market activity, your trading system experiences a sudden increase in the volume of incoming market data. This triggers TCP's congestion control mechanisms, causing the sending rate to decrease temporarily. Consider the following:

• Your trading strategy relies on receiving the most up-to-date price quotes to make informed decisions.
• Delayed or missing price updates can lead to adverse selection or missed trading opportunities. Why is TCP congestion control a potential p