asio: Cannot assign requested address

Its obvious im exhausting some sort of resource
> cat /proc/sys/net/ipv4/ip_local_port_range
55000 65535

Yes, this is the resource you're exhausting.
The TCP protocol identifies a connection by the four-tuple (source IP, source port, destination IP, destination port)
To avoid late IP packets from an old connection confusing a newly established connection to the same destination host/port, source ports are held in "limbo" for up to 2 minutes before they can get re-used. This is known as the TIME_WAIT state.

Linux is somewhat dumb in this regard -- by default it will "hold back" a port to *any* destination if it's been used for *any* destination -- it really only needs to do this for a particular destination.
Similarly, it only really needs to do it per interface / IP address, so creating more local interfaces with IP addresses, and cycling through which interface you send on, should allow you to greatly exceed the limit of number of possible connections to any particular destination IP/port range.

There are a few things you can do:

1) Substantially increase the ip_local_port_range -- say, from 2000 to 65535
2) Turn on SO_REUSEADDR on sockets before connecting or binding them
3) Perhaps also manually binding sockets to local ports before connecting them to a remote destination, in a cyclic fashion
4) Also, manually bind the outgoing socket to particular interfaces, using multiple local "virtual" interfaces to have many local IP source addresses to choose from

thanks for the tips

I do set

m_Socket.set_option(boost::asio::ip::tcp::no_delay(true));
m_Socket.set_option(boost::asio::socket_base::reuse_address(true));

But only after the socket has been connected. Is this the incorrect way to do it? Should I do it before the socket is connected?

thanks for the tips

I do set

m_Socket.set_option(boost::asio::ip::tcp::no_delay(true));
m_Socket.set_option(boost::asio::socket_base::reuse_address(true));

But only after the socket has been connected. Is this the incorrect way to do it? Should I do it before the socket is connected?

You need to set re-use address before binding it, or it won't have any effect. Connect will implicitly bind the socket if you haven't already bound it yourself.