The cornerstone of any electronic trading system is having the capability to offer a highly efficient and low latency trade execution facility. This includes being able to access the broadest possible spectrum of asset classes and liquidity venues. Vela’s SREX high speed market access gateways provide access to the largest number of execution venues across North America, Europe and Asia Pacific regions, including dark pools, and they also support trading for all major asset classes globally.
Today’s customers are faced with a range of commercial and technological challenges.
In today’s environment, reacting to market signals as efficiently as possible is key to having a successful trading strategy for electronic trading.
Time to market is always a critical factor when your traders request order access to new exchanges, aside from all of the other challenges including connectivity, it is very difficult to develop a gateway, even with the skill sets and experience required.
Having a gateway solution which provides access to a broad and expanding range of venues is key to having a diversified trading strategy. The cost and effort of supporting new venues are considerable and very consuming.
SREX is the low latency order, execution and quoting gateway counterpart to our SMDS solution.
In process solution delivers messages with a mean latency between two and three microseconds, depending on the exchange protocol.
Vela prides itself on a rapid time to market utilizing agile, on-site software development, installation and integration. The average time to market for any new exchange connectivity gateway is three weeks.
We provide a unified Order, Execution and Quoting API consistent across all exchanges. Exchange upgrades and changes are transparent to the user and are covered by the licensing agreement.
Our exchange connectivity solution is architected to execute on minimal hardware footprint. This makes our solution highly desirable for exchange co-located or proximity hosted applications.
Our coverage includes all of the major North American, European and Asia Pacific exchanges and we have plans to expand the coverage to other exchanges globally.
SREX is developed and built entirely in house, with no third-party dependencies. Our highly experienced software engineering and quality assurance teams give SREX users a truly competitive edge.
Below is a listing of the market data access protocols supported. Vela is constantly adding to our coverage. Contact your sales or account manager for your specific requirements.
SREX is the high speed, low latency order, execution and quoting gateway—the counterpart to our low latency market data solutions.
Clients who require low latency when placing orders with venues while also maintaining a minimal hardware footprint.
Provides a highly efficient, low latency trade execution facility with access to a broad spectrum of asset classes and liquidity venues.
To receive the SREX Product Sheet, please complete the form below.