FTB-C000059 / Market data field

Processing Time

Processing time is when a computing system received, transformed, stored, or otherwise handled a record.

Also known assystem processing timeingestion time

Intermediate 6 linked topicsPublished

Definitions

In plain terms

Two identical market events may be processed at different times because of transport delay, retries, or system load.

Technical

Processing-time fields require a named pipeline stage and clock; they support operations and replay but must not silently replace source event or availability semantics.

Scope

Processing time is system-specific and can be later than both event and publication time.

Examples

  • A governed dataset records processing time explicitly instead of inferring it from an ambiguous field.

Common misconceptions

  • Processing Time does not have one universal meaning without its stated market, source, and time context.

Concept relationships

Related

Contrasts with

Required by

Where this concept is used

Tutorials planned

These catalogued topics use this concept, but their complete build has not shipped yet.

  • D01-F02-A04 Important
  • D01-F03-A05 Important
  • D01-F04-A02 Primary
  • D01-F04-A05 Important
  • D02-F04-A03 Important
  • D03-F01-A05 Important

Evidence and governance

  1. Fintech Builder Glossary Definition Contract The Fintech Builder · internal governed contract

    Supports: preferred label, short definition, technical definition

    Limits: Defines governed platform behavior rather than claiming these policies are universally prescribed by external McClellan methodology.

Reviewed by
Last reviewed
2026-07-26
Next review
2027-07-26
Record status
published
Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.