Market Connectivity Solutions

For small to medium-sized organizations (unless they are high-frequency trading [HFT] funds), vendor connectivity solutions are typically more cost-effective.

However, certain scenarios justify building an in-house solution.

When It Makes Sense

• Low-latency (sub-100 µs) or ultra-low-latency (sub-10 µs) trading is required
• Specialized order handling (e.g., GTD/GTC orders) or execution venue-specific features are needed.
• Fast time-to-market for new venues is critical

Trade-offs

Developing proprietary market connectivity components necessitates a dedicated maintenance team to monitor protocol/wiring changes and implement updates promptly.

Our Experience

We established a central connectivity team overseeing the full lifecycle—development, infrastructure management, and support — for both mid/low-latency (cost-efficient) and ultra-low-latency (premium) solutions, catering to the organization’s global markets business.