Fusion Systems’ Raptor Goes Live on Bombay Stock Exchange with Leading Global Sell-Side Firm
March 23, 2016
Bombay, India. (March 23, 2016) – Fusion Systems announced that Raptor, a leading ultra-low-latency market gateway and risk management solution, is live with high volume order flow on the Bombay Stock Exchange (BSE). In addition to BSE, Raptor has been live on both the equities and derivatives segments of the National Stock Exchange of India (NSE) since 2012.
Raptor provides brokers and proprietary trading groups with FIX/OUCH and market-native direct market access and risk management for all major Asia-Pacific equities and derivatives exchanges, including alternative venues. Raptor, maintains one of the lowest contractually-committed latencies available, ranging from <2 microseconds (market-native connectivity) to <20 microseconds (FIX), at order rates of up to 10,000 TPS per server with pre-trade risk checks embedded.
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
Self crossing control
Moving average price check
Investor ID support
Advanced order types (pegging, etc.)
Algo order support
Drop copy
Failover and full recoverability with no single point of failure
Real-time monitoring and control via Flux
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
Masking – Investor ID/Account/Client masking
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
Fusion Systems provides integrated technology solutions to the capital markets industry. We specialize in time-sensitive and mission-critical trading technology solutions. Our offices in Hong Kong and Tokyo are located in the heart of the 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 customers by managing other vendors, we do not internally outsource or offshore development or systems support to other organizations. We pride ourselves on providing our customers with premium service levels of professionalism and responsiveness combined with full transparency and local accountability.