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Fusion Systems’ Raptor goes live on Shanghai-Hong Kong Stock Connect with leading global sell-side firm

 

May 8, 2015

Hong Kong. (May 8, 2015) – Fusion Systems announced that Raptor, a leading ultra-low-latency market gateway and pre-at-post trade risk management solution, is live with high volume order flow on the Shanghai-Hong Kong Stock Connect. Raptor provides brokerages and proprietary desks with FIX/OUCH to market-native direct market access and comprehensive risk management for all major Asia-Pacific cash and derivative exchanges and alternative venues. Raptor maintains one of the lowest published latencies in the market, achieving a median latency of 50 microseconds in production while sustaining an order rate of 10,000 TPS with all pre-trade risk and compliance checks embedded. Fusion Systems’ hybrid software/FPGA solution, called Raptor Raw, provides a median latency of 1.5 microseconds, inclusive of pre-trade risk and compliance checks.

Raptor is integrated with OG (AMS3) interface which offers opportunities for algorithmic trading and high frequency trading while providing all pre-trade, at-trade and post-trade management checks at minimum latency. Raptor has the ability to add clients/accounts intraday. Raptor has been enhanced to add sophisticated risk filters such as self-crossing and average moving price.

 

Raptor feature set and risk management capabilities include:

  • Cumulative portfolio risk filters

  • Margin collateral management

  • Stock and loan inventory management

  • Order state management

  • Short-sell risk filters

  • Investor Id Support

  • Advanced order types (pegging, etc.)

  • Algo order support

  • Drop copy

  • Real-time monitoring and control via Flux

  • Failover and full recoverability with no single point of failure

  • Notifications via e-mail for risk limit breaches and warning levels

 

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. Flux provides:

  • Integrated latency reporting and monitoring

  • Mass cancel – system wide or client specific

  • Bring up/down client or exchange sessions in real-time

  • Update risk limits and balances intraday

  • Alert support privilege – such a user can only view the alerts

  • Pushed alerts, with easy drill-down navigation

  • Role based visibility

 

Benefits

  • Provides a global view of all trading activities

  • Allows precise control over multiple levels of internal and client market risk

  • Helps enable improved account and market risk management

  • Provides unified management interface

 

About Fusion Systems

 

The Fusion Systems Group provides integrated technology solutions to organizations in several industries, specifically Capital Markets. We specialize in time-sensitive and mission-critical solutions. Our offices in Hong Kong, Tokyo, Shanghai and Los Angeles are located in the heart of central business districts. We maintain comprehensive technology infrastructure supporting software development teams and server-room hosting facilities at all sites. The Fusion Systems’ offices are staffed with seasoned developers, infrastructure engineers and support staff pre-positioned for rapid deployment to nearby customers. 

 

While we often orchestrate successful outcomes for our clients by managing other vendors, we do not internally outsource or offshore development or systems support to other organizations. We pride ourselves on providing our clients with premium service levels of professionalism and responsiveness combined with full transparency and local accountability.

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