Sell Side Solution
As markets have evolved to move in microseconds, lower latency is increasingly a source of competitive advantage. Whether you offer Direct Market Access, Sponsored Access or Algorithmic Execution, you have to manage the latency of your internal services and components, report accurate latency numbers to customers, and work effectively with your liquidity venues on solving latency issues. Many of the top sell-side firms leverage the unique Correlix solution to monitor their low-latency order execution and market data flows, and ensure they are providing their customers the best possible service.
Correlix allows you to trace your customer orders from the point you receive them through internal components and out to trading venues. A powerful and flexible correlation engine allows the solution to correlate messages across virtually any protocol or transformation, maintain parent/child order relationships, and perform other sophisticated logic. Correlix also offers exclusive latency data sharing with liquidity venues to provide transparency into the latency within their infrastructure, and measure when your orders have completed execution within the matching engine.
Correlix has recently introduced the industry-first real-time latency feed. This innovation enables you as a broker to leverage real-time latency data side by side with pricing data to create the most effective routing decisions based on the best achievable price.
