Exchanges/ECNs/Dark Pools

Latency Intelligence™ technology gives liquidity venues a low latency connectivity environment for accelerated trade execution and market data distributiont

The ever increasing number of trading venues coupled with the fast growth in automated trading considerably increases market competition. In this highly competitive environment, trades must be confirmed and acknowledged in microseconds; price data must be delivered with the same speed to provide more market opportunities; and liquidity venues must process orders in the blink of an eye to serve the growing appetite of high frequency traders. As a result, the success of exchanges, ECNs, and dark pools in the race to reach high market share is determined by two principal factors: trade volume and low latency.

The Correlix Latency Intelligence Suite utilizes advanced algorithms to optimize trading opportunities and provide real-time insight into transaction response times and potential latency bottlenecks. This enables you to create the low latency environment you need to facilitate faster trade execution and market data distribution to ensure your customers get fast responses and increased profits. Statistical arbitrage, for example, relies on algorithmic trading, which is highly dependent on low-latency architectures. It may seem like a simple equation, but the multiple systems involved to support this trading strategy create complex and diverse infrastructures with numerous potential latency points.

By using innovative message correlation technology, Correlix Latency Intelligence solutions can trace trading transactions across complex and diverse landscapes to report a multi-step flow latency by customer or trade path for transactions. Providing out-of-the-box, heterogeneous, preconfigured protocols and semi-auto learning capabilities, Correlix is able to cover a diverse set of technologies and applications, including proprietary homegrown systems and protocols.

Correlix Latency Intelligence solutions also offer capabilities such as root cause analysis of failed transactions and trend analysis with early alerts on problems before they escalate and affect business performance. By anticipating and minimizing latency bottlenecks in real-time and taking corrective actions quickly, market centers can improve operational efficiencies, monitor for regulation compliance, and support continuous latency management as the infrastructure evolves.

Our Technology

Transaction steps have inbound and outbound messages with message attributes that are common or specific to the message type. Correlix uses this path data together with its unique message correlation technology to trace transactions across distributed networks in real-time. Correlix taps into networks through span or mirror ports, and traces messages via software probes that passively listen to traffic moving across networks without adding any additional latency to performance. Multiple probes are deployed when customers want to monitor all applications used in trade execution and market data flows as traffic traverses these complex infrastructures.

By using patented technology, Correlix identifies unique attributes within each message. For this reason, even if the message is transformed while traversing from one protocol to another, it can be traced and the latency can be measured for each application