OnixS has released the OnixS directConnect: BrokerTec direct market access C++ handler solution.
BrokerTec is the biggest system within the ICAP suite of electronic trading platforms. The OMnet API facilitates black box trading for a range of US Treasury, European Government, MBS, CDS and agency issues. US and European Repo, TEDs Basis, and other spreading options are available.
Wayne Meikle, Commercial Director of OnixS said "This BrokerTec solution provides an out-of-the-box direct market access implementation to what is a complex trading venue. It is another key extension to our multi-platform direct market access implementations, and a continuation of our strategy to enhance our range of supported trading venues."
The key benefits of the OnixS directConnect BrokerTec Handler is:
• Pre-tested - thus saving time and money in integration testing.
• Supported - service level guarantee that the implementation is production strength, and will support current and future enhancements.
• Book management, synchronization and recovery - more than just a market data decoder. Provides full book management with Order book depth, Individual subscription model allowing the selection of product groups - off loads the book management tasks to a specialized implementation.
• Trade volume reporting that includes reporting of single, double leg and strategy trades for on-exchange as well as OTC transactions.
• Low latency, high through-put, and low CPU load - designed for high-frequency and the fastest market data implementation
• Easy-to-use and flexible API - designed for rapid integration within trading strategy architectures, with a common API style for multi-venue implementations.
• Flexible logging - ability to analyze and diagnose issues and activity quickly
• Included fast-start source code reference implementations with client and benchmarking samples - designed for rapid familiarization and to get up and running rapidly.
The OnixS directConnect BrokerTec solution is implemented on multiple platforms including Windows C++ 32 and 64-bit , Linux (RedHat, CentOS, Ubuntu, Gentoo, Suse SLES) C++ 32 and 64-bit , and Solaris x86 C++ 32 and 64-bit implementations.