High Frequency Trading Advisory & Consulting

Our core system runs inside a collocated black box, next to major exchanges, without human intervention (fully automated).

However, sometimes, users need to have some kind of control and “fine” adjustments.

For that reason, we have implemented several user interface solutions (GUI) that will empower the user with their algorithmic trading execution.

Reactive Trader GUI

We also have integrated the best-known trading interface into our systems to allow clients to use a fully complete and scalable solution,

For that reason, we choose “Reactive Trader” to be the perfect companion for our platform.

Reactive Trader is the best open-source GUI, from Reactive Trader, with capabilities to run on any platform, on-premises, and with the best technology.

Reactive Trader Features

• A real-time architecture, both event-driven and fully resilient
• Price streaming, RFQ submission, trade execution, and analytics
• An intuitive User Experience (UX), with a consistent style across multiple devices
• Intelligent Natural Language Processing (NLP)
• Support for multiple desktop container and interoperability platforms
• Built on React, React-RxJS, Node.js and Adaptive’s Hydra platform
• Support both on-prem or cloud, using GCP, Docker and Kubernetes
• Centralized, easy to maintain, design system

View more information here

An investment bank with headquarters in NYC needed additional help with their Risk Management Systems and the integration with their OMS.

The Problem(s)

Running under a microservice architecture, their entire RMS needed to add new features and speed improvements. By the amount of data used by their traders, the system was lagging and unable to report in real-time. Besides, they needed to improve the interaction with current Order Management Systems (OMS) and Execution Management Systems (EMS).

Solution

Migration of some of their microservices to an up-to-date technology for better performance and maintenance. In the end, they saved more than 20% of their current budget just because of that.

Refactoring services to improve initial loading times, and incorporating resilience techniques to make them have high availability. Improve overall performance by 40%

South Florida hedge fund startup doing HFT operations and electronic trading into the institutional forex market. We came on board to do an overview analysis of their operations.

The Problem(s)

They were working with outdated technology and were proven that their high transaction costs (TCA) were because of a lack of latencies issues (network latency + system latencies). Analytics was showing issues in speed and wrong risk management actions. Additionally, their current connectivity to more than 30 different FX venues was poorly used and the data stream not performing.

Solution

Updated their systems, all from scratch, with a lightweight – high-speed trading system, and incorporated their improved strategies: market-making and hedging with different approaches.

Australian proprietary trading firm looking to upgrade, learn and build their own high-speed trading system to operate with the CME futures markets.

The Problem(s)

They lack the knowledge on how to architect, build, and setup a truly HFT trading system. Their actual system were having a tick-to-trade of +50 microseconds. That was giving them very bad queue positions in their executions.

Solution

Guidance through the entire process of creating a high-performing trading system, from architecting the system, allowing them to achieve under 3 microseconds. Helping to hire a team member specialized in “profiling” low latency systems and making constant and recurrent improvements as the system grows.

One of the top 10 liquidity providers in the major crypto exchanges, headquartered in Hong Kong needed a technical head and a specialized team for their US operations.

The Problem(s)

Expand their business of providing liquidity into all major US-based exchanges, having a dedicated Business Unit to deal with local exchanges, and clients.

Solution

Hiring representatives, to deal with local exchanges, negotiate rates and at the same time, deal with local institutions to provide liquidity in the crypto market. Build a technical team to develop special access to the local exchanges and their technologies.

The Problem(s)

Lack of leadership to build their low latency system. Their engineers need guidance for such systems to achieve a competitive operation.

Solution

Guided their engineers to architect the system, and advice on best practices to avoid future pitfalls and problems related to connectivity and latencies. Put their engineers right on track to achieve the goal of having a leading low latency system. They were able to cut development time by 60%.

A fintech startup that was in its series B funding round, was losing its Chief Technology Officer after he gave them one month’s notice.

The Managing Partners contacted us to validate the different options they had to handle the transition.

Initial goal

• Evaluate the current situation
• Knowledge transfer
• Set foundations for a new in-house CTO

The Problem(s)

• Our initial findings were astonishing: the outgoing CTO was the only one who knew certain parts of the system and setups. Very common, particularly on startups with small teams.
• We have found that there were no clear goals, and the development team was working on ad-hoc mode, as issues and bugs popped out.
• The technical leadership was unclear.

Solution

Have meetings with the outgoing CTO to recount all the different company’s technical aspects and allow us to find out how they are organized.

Based on that, and after the approval of the management, and in the fintech startup industry, we designed two different plans with different goals: long term and short term.

Long term plan: re-arrange the team and help to hire additional people making sure everything is aligned with the plan. We define KPI’s for each role in the company for easy follow up. We also suggested different providers, that ended up reducing their overall budget.

Short term plan: find the perfect replacement for the CTO role. Make sure that the person will have a good affinity with the company’s culture. Have the field prepared with a plan in place.

Two former executives from a recognized bank decided to start a new Hedge Fund that traded electronically on the forex and futures market. They wanted to build their own electronic trading platform and be able to achieve the best low latency execution in the market.

Their goal was to setup a state-of-the-art High Frequency Trading desk, and they needed a heavy technological partner to start their operations.

Initial Goal

• Research on the current providers in this field to leverage our starting up time.
• Setup top team with a quantitative background
• Define the roadmap
• Establish a bold technical leadership

Problem(s)

• They had an endless variety of providers. We needed to choose the best in order to stay competitive.
• Lack of human resources
• Zero margins for miss-steps or errors

Solution

• Found reliable providers in the hedge fund industry and got a great initial deal.
• Recruited and hire top professionals: 2 quants, 1 researcher, 1 network support, FPGA support)
• Designed the procedures and plan for the next year
• Created a toolset that gave a comfortable framework to generate trading ideas.

A lead fintech that provides CRM tools for the “Merchant Cash Advance” industry, was growing rapidly year after year, and with that its demand for its software.

Their incapacity to scale up and lack of technical management was their main problem.

Initial Goal

• Learn about the company’s goals planned for the next 6-12-36 months
• Understand current team configurations.
• Set a new plan for the future.

The Problem(s)

• They were hiring new developers without having a clear path.
• Most of their employees have no experience in the fintech industry.
• Under-utilized their cloud services, hence spending more than expected.
• No processes nor methodologies in place
• The software was built under a poor architectural foundation, hence, no room to scaling up.
• Total lack of technical leadership

Solution

• First, we defined the goals and build a solid and realistic plan for the next year
• Over the next 6 months, we restructured the whole team, and we build a solid offshore development team, saving more than 60% on what they were already spending
• Designed a solid “SDLC” methodology using the best practices (Requirements → Prototyping → Development → Testing → Maintenance)
• Created automated testing methodologies
• Helped to reduce their bugs by a 90%
• Speeded up their delivery process by a 70%