Home>Solutions>Deltix SpreadTrader

Deltix SpreadTrader Ultra-Low latency Spread Trading platform

(23 ratings)

Deltix SpreadTrader

get it now

Overview

Differentiators

Features

Use Cases

Reviews

Overview

Differentiators

Features

Use Cases

Reviews

Solution Overview

The SpreadTrader allows users to trade a range of markets from Crypto to traditional finance. The system allows users to execute up to 40 different legs across multiple venues, each having the ability to run separate execution algorithms to ensure the least market impact on each leg.

The system also comes with Deltix’s TimeBase database, allowing users to create a custom set of historical data to view and analyze a given spread. The risk gateway is delivered with a sophisticated set of flexible parameters which the user can customize.

Customer problem

Lack of customization in hedging rules
No or limited risk system in place
Slow multi-tenant servers

EPAM Solution

The SpreadTrader allows users to customize the details of their trading bots on their very own server. The trader has the ability to build bespoke bots that manage the quoting and hedging phase. Their low latency trading custom-built risk rules can ensure execution risk is limited.

Key Differentiators

Customization of bots

SpreadTrader allows for the design and execution for bespoke bots to ensure the best possible price can be executed

Benefits

Fast time to market

Simply spin up a cloud server and the software can be installed in two hours

Low hedging latency

The system has been optimized so that the latency is minimal single digit µs

Cross asset trading

As the system is instrument agnostic, one can spread across multiple assets

Custom hedging

System incorporates and customizes any execution algorithm into its hedging leg

WS/REST API connectivity

Design and submit orders for synthetic spreads using API

Features

Custom Spreads: Enjoy the flexibility of creating cross-exchange spreads with an unlimited number of legs and advanced configuration parameters.
System Management: Monitor and manage the execution of your orders in real time. Track system metrics in Grafana and Graylog.
Auto Hedging: Create and execute custom hedging strategies with complex logic. Manage your hedge orders in real time.
Simulation with Live Data: Simulate with live data and analyze the effectiveness of the strategy.
Rich Connectivity: Access over 100 trading venues, leverage a collection of market data and trade connectors available out of the box.
Rapid creation of synthetic spreads: Using our easy-to-follow design, traders can rapidly customize their synthetic spreads to their requirements.

Use Cases

Execute synthetic spread

Problem Statement

Many platforms have vanilla execution and just fire all legs at once.

Solution Proposed

To give the trader the ability to customize how they execute all legs to create the least market impact.

Achieved Results

SpreadTrader allows the user to design custom spreads and then execute this order by allowing them to customize the way they quote and hedge. This allows the user to extract the best price from the market.

Trade routing

Problem Statement

A trader routing orders to a multi-tenant server has one of the greatest impacts on order latency

Solution Proposed

Provide multiple choices to the trader to choose how an order is routed. Either directly to the venue or to leverage our trade connectors to other brokers/ISVs