Electronic trading platform with market making capabilities for fixed income and derivatives. Includes statistical arbitrage tools, hybrid execution options, central limit order book, and reference pricing data.
Quantitative systems identifying and exploiting price discrepancies between related securities through mathematical models and high-speed execution.
More Statistical Arbitrage Platforms
More Market Making/Proprietary Trading ...
Multi-Asset Support Ability to operate on equities, options, futures, FX, and other asset classes. |
Not as far as we are aware.* Trad-X focuses on fixed income and derivatives, not multi-asset support (equities, FX, etc.). | |
Mean Reversion Models Incorporation of mean reversion strategies in model library. |
No information available | |
Pairs and Basket Trading Support Allows formation and trading of pairs or baskets to exploit relative price movements. |
No information available | |
Cointegration Testing Built-in functions for statistical testing of cointegrated securities. |
No information available | |
Automated Signal Generation Automatic generation of buy/sell signals based on pre-set mathematical criteria. |
Platform offers statistical arbitrage tools and central limit order book, implying automated signal generation. | |
Custom Model Implementation Ability to create and integrate custom mathematical/statistical models. |
No information available | |
Alpha Factor Library Library of pre-built alphas for immediate deployment and testing. |
No information available | |
Backtesting Framework Integrated environment to test models on historical data. |
Not as far as we are aware.* No evidence of a full backtesting framework for custom models on historical data | |
Parameter Optimization Tools Automated tools for hyperparameter and meta-parameter optimization. |
No information available | |
Real-Time Portfolio Analytics Instant calculation of P&L, exposures, and risk metrics. |
‘Central limit order book’, ‘reference pricing data’, and market making suggest real-time analytics are available. |
Low Latency Order Routing Milliseconds or microseconds order delivery to the exchange or liquidity provider. |
No information available | |
Smart Order Routing Intelligent splitting and routing of orders for optimal fills across venues. |
Hybrid execution and smart order routing are standard in institutional platforms; probable by product class. | |
Direct Market Access (DMA) Direct connectivity to exchanges for faster order processing. |
Direct market access is likely given primary market making/brokerage context. | |
Colocation Support Physical operation near exchange data centers for minimal transmission times. |
No information available | |
Order Throttling Controls to manage and rate-limit outgoing order flow. |
No information available | |
Order Types Supported Diversity in supported order types: limit, market, IOC, FOK, pegged, etc. |
No information available | |
Transactional Resiliency Ability to recover from failed orders or system outages without loss. |
Institutional trading venues are expected to offer transactional resiliency; no explicit evidence but assumed. | |
Trade Capacity Maximum number of trades per second platform can sustain. |
No information available | |
Atomic Order Management Ensures atomicity and consistency in order books and trade records. |
No information available | |
FIX API Support Support for Financial Information eXchange (FIX) protocol for streamlined communication. |
No information available |
Real-Time Market Data Feed Access to live ticker, order book, and trade data from exchanges. |
Reference pricing and market making imply direct access to live market data. | |
Historical Tick Data Repository and retrieval tools for historical high-frequency data. |
No information available | |
Alternative Data Integration Support for third-party or alternative data sets (news, sentiment, etc.). |
No information available | |
Low Latency Data Processing Processing delay for ingesting live data streams. |
No information available | |
Order Book Depth Storage Depth of market (DOM) levels that can be stored and analyzed. |
No information available | |
Reference Data Synchronization Automatic updates and reconciliations of reference/metadata. |
No information available | |
Corporate Actions Handling Automatic processing and adjustment for splits, dividends, etc. |
No information available | |
Data Quality Controls Built-in mechanisms for cleansing and validating incoming data. |
No information available | |
Data Latency Average time to access/use new market data. |
No information available | |
Time Synchronization Precision of time alignment across all system components. |
No information available |
Pre-Trade Risk Checks Verification of margins, limits, and compliance before trade execution. |
No information available | |
Post-Trade Risk Analytics Computation and reporting of risk metrics after each transaction. |
No information available | |
Position Limits Customizable maximum position exposure per security/portfolio. |
No information available | |
Real-Time VaR Calculation On-the-fly Value at Risk calculation based on current holdings. |
No information available | |
Stress Testing Simulated extreme scenarios to test platform resilience. |
No information available | |
Order Size Controls Restrictions to maximum/minimum size of individual orders. |
Electronic execution platforms typically restrict order sizes and minimum increments. | |
Automated Kill Switches Automated halting of trading based on predefined risk metrics triggers. |
No information available | |
Real-Time Exposure Monitoring Dynamic calculation of net/gross exposures by asset/market. |
No information available | |
Credit Controls Limits on exposure to counterparties and trading venues. |
No information available | |
Intraday Margin Monitoring Continuous tracking of collateral requirements and intraday margin calls. |
No information available |
Integrated Development Environment (IDE) Built-in code editors, debugging tools, and version control for strategy development. |
No information available | |
Scripting Language Support Support for Python, C++, R, or proprietary scripting for model creation. |
No information available | |
Simulated Trading Environment Ability to run strategies in a risk-free sandbox environment using live or historical data. |
No information available | |
Hot Swap Deployment Instant strategy deployment without bringing down the trading engine. |
No information available | |
Version Control Integration Tracking and roll-back of strategy code for audit and collaboration. |
No information available | |
Automated Regression Testing Automatic running of test cases for new model changes. |
No information available | |
Parameter Sweeping Tools Automated exploration of parameter spaces to optimize strategy performance. |
No information available | |
Logging and Diagnostics Detailed logs for debugging and analysis of strategy behavior. |
No information available | |
Code Auditing Automated/static checks on strategy code for known issues or infractions. |
No information available | |
API for External Libraries Ability to integrate and call third-party mathematical/statistical libraries. |
No information available |
Real-Time Position Tracking Up-to-the-millisecond updates on all open and closed positions. |
No information available | |
Portfolio Rebalancing Automatic adjustment of positions to maintain target allocations. |
No information available | |
Multi-Account Support Manage portfolios and strategies across several brokerage or proprietary accounts. |
No information available | |
Intraday and End-of-Day Reports Customizable reporting on performance, P&L, and risk. |
No information available | |
Cash Management Tools Forecasting and allocation of capital across portfolios and strategies. |
No information available | |
Automated Reconciliation Automatic reconciling of internal books with clearing and prime brokers. |
No information available | |
Manual Trade Adjustments Facility for operators to manually adjust erroneous trades or positions. |
No information available | |
Cross-Currency Portfolio Valuation Real-time valuation of international/multicurrency portfolios. |
Reference pricing and platform focus on derivatives/fixed income; cross-currency valuation tools are common. | |
Leverage Monitoring Track and WARN on portfolio leverage limits. |
No information available | |
P&L Attribution Breakdown of profit/loss by strategy, security, or risk factor. |
No information available |
Broker API Support Direct interface for major broker API integration (IB, FIX, REST, Websocket, etc). |
As a trading venue and broker, platform likely integrates with broker and API systems. | |
Exchange Integration Native connectivity or adapters for all major exchanges. |
Product is an exchange/venue for fixed income/derivatives and provides native connectivity. | |
Webhooks for Event Handling Outgoing notifications for key events/triggers via webhooks. |
No information available | |
Custom Plug-in Support Ability to extend platform via custom plug-ins or adapters. |
No information available | |
OMS/EMS Integration Seamless integration with Order/Execution Management Systems. |
Trading platforms targeting institutions/brokers provide EMS/OMS integration. | |
Authentication & API Key Management Robust handling for secure external connection management. |
B2B trading venues for fixed income/derivatives require strong authentication and API key management. | |
API Rate Limits Monitoring Track and report on approach to broker/API rate limits. |
No information available | |
Automated Failover Automatic rerouting to backup connections on failure. |
No information available | |
Streaming and REST Data Feed APIs Both streaming and request/response data feeds supported. |
No information available | |
Custom Order Routing Rules Ability to set up rules for choosing routing paths for orders based on flexible conditions. |
No information available |
Real-Time Strategy Performance Dashboard Live display of key strategy KPIs, statistics, and charts. |
No information available | |
System Health Monitoring Automatic tracking and reporting of component/system health. |
Electronic venues must monitor system health for compliance and reliability. | |
Custom Alert Thresholds User-defined triggers for alerts on performance, latency, or errors. |
No information available | |
Trade Execution Monitoring Live tracking and reporting on trades, fills, and order status. |
Live trade execution is integral to an electronic venue; implies monitoring capabilities. | |
Latency Monitoring Tracking and alerting on order/data processing latencies. |
No information available | |
Connectivity Alerts Instant notification for connection losses or route failures. |
No information available | |
Audit Trail Logging Complete record of system and user actions/events for review. |
Regulatory requirements for audit trail logging in electronic fixed income markets. | |
External Alert Integrations Integration with SMS, email, Slack, or incident response tools. |
High compliance requirements in fixed income trading necessitate alert integrations to operations. | |
Operator Dashboard A dedicated real-time dashboard for NOC or ops team. |
No information available | |
Automated Remediation Actions Pre-defined automated actions on alert trigger (e.g., halt trading, rebalance, notify ops). |
No information available |
Trade Surveillance Automatic monitoring for potential market abuse or manipulative practices. |
No information available | |
Audit Logging Immutable logs of all trading activity, user access, model changes. |
Audit logs are a regulatory requirement for electronic trading venues. | |
Regulatory Reporting Interfaces Automated export/formatting for MiFID, Dodd-Frank, CAT, or equivalent. |
No information available | |
User Access Controls Granular roles/permissions for platform features and data. |
Granular user roles and permissions are standard in institutional-grade electronic platforms. | |
Model Change Approval Workflow Formal process for reviewing and approving model changes before deployment. |
No information available | |
Data Retention Management Customizable policies and automation for record retention. |
No information available | |
Real-Time Regulatory Rule Engines Real-time screening of trades and strategies against compliance checklists. |
No information available | |
Secure Data Storage Encryption and secure backup of all sensitive trade and user data. |
Financial trading venues require secure data storage/encryption for regulatory compliance. | |
Change Management Logs Full tracking of infrastructure and configuration changes. |
No information available | |
Broker/Exchange Certification Tracking Maintain records of compliance, certification, and operational status for all counterparties. |
No information available |
Horizontal Scalability Ability to add servers/instances to increase throughput/load. |
No information available | |
Load Balancing Support Distributes execution and data processing across multiple resources. |
No information available | |
Clustered Failover Automatic failover to hot/warm backup system on fault. |
No information available | |
Disaster Recovery Geographically dispersed backup and restore procedures. |
Disaster recovery is a key part of operational resilience for recognized trading venues. | |
Uptime SLA Guaranteed percentage operational uptime. |
No information available | |
Peak Load Throughput Maximum platform capacity during periods of highest activity. |
No information available | |
Auto-Scaling Automatic scaling of resources based on trading volume or demand spikes. |
No information available | |
Stateless Microservices Architecture Services run independently, reducing points of failure. |
No information available | |
Database Replication Data redundancy and read/write resilience via live replication. |
No information available | |
Rolling Upgrade Capability System updates with no significant downtime or interruptions. |
No information available |
Customizable Dashboards User-configurable displays of key metrics, performance, risk, and alerts. |
No information available | |
Mobile Access Secure web or mobile app for on-the-go monitoring. |
No information available | |
Real-Time Data Visualization Dynamic visualization of trades, order books, and statistics. |
No information available | |
Private/Public Reporting Links Shareable reports with configurable access for stakeholders. |
No information available | |
Exportable Reports PDF, Excel, or CSV export of all key trade/risk/performance reports. |
No information available | |
User Preferences and Themes Personalization options for interface layout, color schemes, etc. |
No information available | |
Advanced Charting Tools Integration of professional charting and technical analysis libraries. |
No information available | |
Role-Based Views Different interfaces and permissions based on the user profile. |
No information available | |
Language/Localization Support for multilingual and regional settings. |
No information available | |
Accessibility Compliance Adherence to accessibility standards (WCAG, Section 508, etc.). |
No information available |
This data was generated by an AI system. Please check
with the supplier. More here
While you are talking to them, please let them know that they need to update their entry.