It’s an FPGA based feedhandler compatible with Nasdaq’s ITCH market data protocol where tickbytick data is parsed and orderbooks are built in nanosecond level, thereafter, offered to client’s application via API.
Simulator®
It’s a one to one market simulator that replicates ITCH market data flow to analyze the market impact of HFT/algo strategies that are about to onboard at broker side. This tool offers functional and non-functional testing abilities with highest sensitivity.
BullET Execution®
It’s an FPGA based order transmission tool compatible with Nasdaq’s OUCH protocol where the order received from client’s application via API, compiled to OUCH and sent to the Exchange.
SHIELD®
It’s an online risk management tool working with sub microsecond latency that can cease HFT clients order flow when one of the preset parameters is triggered. SHIELD also shows HFT clients most recent order/position information and connection status along with important trade statistics like order to trade ratio, intraday short sell, one sided position accumulation etc. Thanks to Exchanges PTRM API integration, SHIELD will have the ability to adjust PTRM’s default risk checks depending on brokers specific needs and make those checks dynamic.
Reporter
This tool lets brokers to log, monitor and analyze intraday ITCH market data and OUCH order transmission flow offline. 4 reports are embedded as default;
• Logging of all HFT orders / amendments / rejects coming from client in nanosecond granularity. • Reporting of all network messages between exchange and broker/client in nano second granularity. • With a time slot, instrument and user filter, building of orderbooks and showing how price levels are changing upon ITCH market data and OUCH order flow in nanosecond granularity • Calculation of important statistics as order to trade ratio, intraday short sell, user capacity consumption, aggressive-passive trade breakdown etc.
Along with those, new reports can be created upon brokers specific needs and via REST APIs UIs working on broker level can be feeded.