Argo Alternative Trading System/Dark Pool Solution implements key ATS data flows including: order matching, RFQ/IOI protocol, order management and smart routing, trade reporting, trade clearance and settlements, pre- and post- trade risk checks and risk exposure control, participants onboarding, Argo ATS Solution is based on tried-and-true Argo Trading Platform components.
ATP Matching Engine and Order Management System are optimized for low latency, high throughput. ATP Matching Engine supports FIFO price-time priority and several variations of pro-rata matching algorithms, all major order types (limit, market, stop loss, stop limit, iceberg), one-cancel-other and if-done combinations; Day, GTD, GTC, GFS, IOC, FOK, and AON TIFs.
ATS comes (optionally) with smart order routing, risk management facility, regulatory reports, market data dissemination system, order and trade flow monitoring tools, user-friendly trading and risk management front-ends.
We deploy ATS system in private data centers on the cloud.
We sell binary and source code licenses.
Our source code licenses come with FREE white labeling, training and integration with market participants and regulators. We provide 24/7 support services from US and Eastern Europe centers cover all time zones across the globe. Custom development and consulting services are available as well. Our license and development fees are very competitive.
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Check our ATS/Dark Pool Solution if you need
- • to trade stocks, commodity spot and/or derivatives contracts, FX contracts, precious metals, crypto spot or crypto derivatives an on the same platform
- access US, Japanese and European markets
- Central Limit Order Book (CLOB) or Request For Quote (RFQ) and Indiction of interest (IOI) dataflow
- • high performance instrument-agnostic matching engine that features price-time priority FIFO and several variations of pro-rata matching algorithms, call auctions, all standard order types and time-in-force options, If-Done and One-Cancels-the-Other (OCO) order combinations, implied IN and implied OUT functionality, continuous and call auction trading sessions, FIX (order and quote management) and FIX/FAST (market data) protocols, self-trading protection, execution drop copy features
- • ultra-fast order management system (OMS) with FIX and RESTful interfaces, smart order framework
- • smart order routing to US and world equities and derivatives trading venues like Arca, Bats, CBOE, CME, TSE, Japannext, US and Japanese dark pools and others
- • to build a dark pool or lit pool with market data dissemination via FIX, FIX/FAST, proprietary multicast and WebSockets protocols
- • risk management with implementation of various risk policies, pre-trade risk checks, self-trading prevention, commissions engine, market schedule facilities
- • flexible market administration, order flow surveillance and risk management GUI tools
- • FIX interfaces
- • trading and risk control C++, C# and RESTful APIs
- • user-friendly desktop, web and mobile and risk management/control front-ends
- • real-time trade reporting to regulators (like FINRA TRF) and/or market participants
- • regulatory reports like FINRA CAT, CAIS, Rule 605, Rule 606
- • world-class 24/7 professional support
- • complete control of your technology
- • to go live in a few short weeks
We match our competitors prices! Contact us at info@argocons.com for additional information, to schedule a demo or our free one-hour new ATS/Dark Pool design session.