High frequency trading

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.

Overview

μTrade (muTrade) is a high-frequency, low-latency trading platform that is delivered along with automated algorithms, an API to code algorithms for trading on any listed market
It includes a light weight risk management system, can be colocated along with exchange server and operates with minimal latency (around 10microseconds from tick to trade). It supports,
o Arbitrage (e.g. spreader algos, multi-leg equity / future / option, multi-exchange arbitrage, etc.),
o Market Making (based on inventory, risk, price movements of benchmarks, with comprehensive hedging choices),
o Quant-based (eg. pair trading, macro strategies etc.),
o Execution (eg. VWAP / TWAP, with volume, smart router etc.)

Key Features

 low latency – single digit microseconds latency from market data tick input to order out
 Highly scalable, multi-threaded architecture
 Configurable risk management systems (including pre-trade and post-trade risk checks) to adhere to evolving regulator and exchange guidelines
 Display order depth of 10 top orders
 Connected to various exchanges in India (BSE including multiple IML IDs, NSE CM, NSE F&O, NSE Currencies) and internationally (FIX-based connectivity through partners)
 Platform works across asset classes (equities, futures, options, currencies and commodities).
 API-based system allows the clients to build own algos in different programming languages like C/C++, C# / .NET, Java.
 Integrate with a comprehensive Options Portfolio Monitor – create and track portfolios with live data, calculate net portfolio Greeks, view charting of individual and portfolio level greeks, generate hedging suggestions.

Key Benefits

 Front-end provides exceptionally stable cross-platform performance (Windows/ Mac/ Suse Linux/ Redhat Linux/ Others)
 Simple yet comprehensive User Interface
 Generate end of day reports for back-office requirements
 Sophisticated algos for trading across exchanges

Product/Service details

User Suitability (Capital Markets & Investment)
Asset Managers, Trading firms
Geographic Availability
Africa, Asia-Pacific, Europe, Middle East, North America, South America
Asset Class Coverage
Commodities & Energy, Equities, Futures, Options and other Derivatives