23 January 2018
visit http://response.ncr.com

First Derivatives brings real-time derivatives reporting to SGX

04 April 2012  |  1809 views  |  0 Source: First Derivatives

First Derivatives (AIM:FDP.L, ESM:GYQ.I), a leading provider of software and consulting services to the capital markets industry, today announced it had delivered a bespoke solution based on its Delta Stream CEP product for real-time derivatives markets reporting - Project MARS - to Singapore Exchange (SGX).

This is the third project First Derivatives has delivered to SGX for real-time monitoring of derivatives trading activity. In 2011, systems for monitoring market-making and equities trading activity were delivered to SGX..

"There's a strong focus globally on managing risk within exchange environments," said John Miller, Director, Asia for First Derivatives. "The speeds at which market participants are moving mean exchanges need to adapt quickly to be able to keep up. It's great to see SGX leading the way in this within our region, and we are very pleased to have been able to deliver the solution they needed to do that."

Project MARS captures every order and trade message in the SGX trading engines, and provides real-time and historical reporting of SGX trading engine data, making the information more accessible to users. All data is also persisted to a historical database.

MARS went live on Aug 15, 2011, when SGX rolled out its Reach trading engine for its securities market. Reach is the world's fastest trading engine with ultra-low latency and significantly higher capacity.

The project, an extension of FD's Delta Stream solution, was delivered and implemented by First Derivatives, together with its Singapore sales partner, BrokerEdge Systems Advisors Pte Ltd. 

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.vasco.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
Banks shift priorities toward growth, digitisation and innovation - surveyBanks shift priorities toward growth, digi...
9380 views comments | 37 tweets | 48 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
9205 views comments | 14 tweets | 14 linkedin
BofA leads on blockchain patentsBofA leads on blockchain patents
8971 views comments | 12 tweets | 12 linkedin
Sbanken opens developer portal and invites customers to build their own digital bankSbanken opens developer portal and invites...
8324 views comments | 17 tweets | 11 linkedin
Metro Bank joins digital revolution with instant online account openingMetro Bank joins digital revolution with i...
6929 views comments | 13 tweets | 25 linkedin

Featured job

Competitive base + commission (double OTE)
London, UK

Find your next job