Store, Track And Replay A Whole Day's Trading Data With Horizon
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
Horizon Software has today announced the launch of its innovative market data recording and replaying module. The Horizon Replayer allows financial institutions to replay an entire day of market data for a broad range of asset classes and instruments, including stocks, futures, options, bonds, indexes and ETFs. For the first time this enables traders to test and fine-tune their algo strategies using real-time data.
The Replayer records real-time market data, which can then be replayed at any time, giving traders the ability to analyse, benchmark and test trading strategies using real market conditions, in real-time. Simulated tests can also be run to establish a benchmark baseline for repeat tests. The Replayer allows institutions to reduce the risks and costs of running algos, as well as reducing time-to-market for both new and updated algorithms. An additional benefit is being able to provide proof of best execution requirements for regulations such as RegNMS and MiFID.
Sylvain Thieullent, CEO Electronic Trading at Horizon Software, says: “The Horizon Replayer is being used for real-time stress testing of trading strategies on the whole list of 50,000 instruments on the Euronext Derivatives exchange.” He adds: “This incredibly useful tool is now available to all our clients. If, for example, an algo is not performing as expected, using the Replayer allows the trader to replay the whole trading day and fine-tune their algos, significantly improving performance. We developed the module in response to client requests; Euronext’s experience with the Replayer to date has delivered significant benefits.”
The Replayer works alongside other Horizon Platform functionality, such as algorithmic trading, warrants, delta-one, options trading and market making.
The Replayer benefits are:
- Efficient and portable, hardware-independent data format, capturing all the real-time information being handled by the Horizon Platform during the trading day.
- Ability to record a whole exchange feed in a normalised format.
- Level 1 (quotes and trades) and level 2 (market depth) data can be recorded, with one millisecond accuracy, metadata and system information.
- Run-time control via an interactive GUI or console-based commands; market data can be replayed at a user-specified speed (e.g. 1x, 2x or as fast as possible), and over a specified period.
- Ability to send orders and get them executed against the feed depth, in order to simulate execution services.
- Leverage extensive features of Horizon market connectivity solutions (added value services, integration with third party market data vendors platforms, etc.).
- Fully scalable.