System Throughput

System throughput is the rate at which a system processes tasks or data over a specific period. In the context of financial derivatives, this refers to the system's ability to handle the entire lifecycle of a trade, from receiving market data to confirming the execution.

Throughput is distinct from latency, as it focuses on total capacity rather than the speed of a single transaction. A system with high throughput can handle a massive surge in market activity without failing.

Achieving high throughput requires careful attention to concurrency, resource management, and hardware utilization. It is a key metric for scaling trading operations.