Low-latency engine routes orders to multiple venues for best execution.
Stellar Trading Systems has launched its low-latency Aggregator, complementing its server-side product suite.
The software uses a rules-based engine to determine best execution on multiple exchanges and venues for aggregated products. The Aggregator is fully integrated with Stellar's spreadMachine and Quantum Server products.
"Adding server-side aggregation to our ultra low latency product suite enables our customers to maximize trading performance by automatically and seamlessly directing order flow to those venues offering the best price and liquidity," says Steve Thomas, managing director at Stellar Trading Systems.
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails