In today’s trading marketplace, where increasingly diverse and widespread regional and governmental regulations are imposed, there is a renewed focus on risk management, specifically on pre-trade risk exposure. At the same time, lower latency continues to be important to trading strategies, especially when algorithmic and program trading methodologies are fundamental to customers’ business.
To help member firms meet full pre-trade risk management compliance, Fusion Systems introduces Raptor Raw. Raptor Raw is a hybrid software/hardware solution based on FPGA intended for sponsored access, providing pre-trade, at-trade and post-trade risk management that adds virtually no latency.
Fusion Systems’ Raptor Raw provides pre-trade protection to member firms. Using Raptor Raw, member firms can control their trading activity and the trading activity of their customers at the order level, including prevention of potentially erroneous transactions from reaching the market. Raptor Raw provides a one-way latency of 1.5 microseconds at extreme TPS rates, inclusive of all pre-trade risk and compliance checks.
Feature set and risk management capabilities include:
Raptor Flux for Monitoring and Control
Flux is a real-time command and control front-end for electronic trading desks and operational support, enabling monitoring and control, including real-time latency, flow rates, network and system health monitoring.