Why does FEC introduce latency?

As we know that to improve correction capability, more powerful and complex FEC codes must be used. However, the more complex the FEC codes are, the more time FEC decoding will take. This term “baud” originates from the French engineer Emile Baudot, who was the inventor of 5-bit teletype code. The Baud rate actually refers to the number of signal or symbol changes that occurs per second. A symbol is one of the several voltage, frequency, or phase changes.

Baudrate = bitrate/number of bits per symbol ;

signal bandwidth = baud rate;

Baud rate: 

It is the rate symbols which are generated at the source and, to a first approximation, equals to the electronic bandwidth of the transmission system. The baud rate is an important technology-dependent system performance parameter. This parameter defines the optical bandwidth of the transceiver, and it specifies the minimum slot width required for the corresponding flow(s).

Baud rate/symbol rate/transmission rate for a physical layer protocol is the maximum possible number of times a signal can change its state from a logical 1 to logical 0 or or vice-versa per second. These states are usually voltage, frequency, optical intensity or phase. This can also be described as the number of symbols that can be transmitted in 1 second. The relationship between baud rate and bitrate is given as.

Bit rate = baud rate * number of bits / baud

The number of bits per baud is deduced from the existing modulation scheme. Here, we are assuming that the number of bits per baud is one, so, the baud rate is the exactly same as the bit rate.