Exchange

A full featured end-to-end exchange solution complete with matching engine, customized settlement and clearing routines, order management, market data distribution, and risk management facilities can be implemented quickly and cost efficiently using Argo technology. Our low latency, high throughput, asset agnostic matching engine implements fast price-time priority order matching algorithm, industry standard FIX-based interfaces for order management, inside market, market depth and market statistics distribution via FIX/FAST and CME-like MDP 3.0 protocols.. We offer source code licenses giving our customers full control of the future evolvement of their systems.

Brokerage

We can help you to gain a competitive edge by providing an all-in-one fully scalable high performance solution, tailored to the needs of your brokerage house. Our core components (matching engine, order router, market data dissemination system, risk management server and front end, and trading front end and APIs) have been out in use for a number of years, and offer convenience and reliability of off-the-shelf products. Our pre-trade risk control facility provides real-time, zero-latency, pre-trade risk checks, taking advantage of developed in-house innovative inter-process communication mechanism. We implement several industry proven algorithms of risks and buying power calculations for different types of financial instruments. Real time account and positions monitoring, and customized reporting gives our customers and their clients the required level of control. Our algorithmic trading framework facilitates building and packaging custom automatic trading strategies. Our open architecture and scalability turns an implementation of a complete brokerage solution into a straightforward low cost project.

Alternative Trading System (ATS), Dark Pool

Our white label low latency platform can be easily deployed as an alternative trading system. Our sophisticated matching engine is optimized for best performance and can support such order types as limit, market, stop loss, stop limit, iceberg; one-cancel-other and if-done combinations; Day, GTD, GTC, GFS, IOC, FOK, and AON TIFs. It could become a core of your system, maximizing liquidity and execution quality. Our reporting facilities support regulators’, clearing, transaction and sophisticated BI-style reports with drill-down capabilities. We also provide order router (OMS), risk management facility, market data dissemination system, user-friendly trading and risk management front-ends.

SEF/OTF

Argo Trading Platform is a full-featured solution that provides facilities for all workflows of a modern market place. It can be easily customized, and quickly deployed for an over-the-counter trading environment. Since ATP is instrument agnostic, it could become a single venue for your internal order flow, as well as for sophisticated hedging strategies with outside markets. We can provide trading environment for traditional exchange-traded asset types (such as stocks, futures, options), as well as for OTC contracts such as Interest Rate, Credit Default, Energy and Agricultural Swaps, OTC Metals, and FX contracts, and others. Our risk control and management facility can be extended easily to support ever-evolving OTC instruments. We have firsthand experience integrating with CME ClearPort, LCH ClearNet and ICE Clearing API, DTCC and Traiana.
We can also provide connectivity to other major clearing venues and Swap Data Repositories (SDRs) by customer request.

Are you impacted by Title VII of Dodd-Frank Act? Or European Market Infrastructure Regulation?

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