Skip to main content

Blog

Designing fast and reliable electronic trading software is a significant challenge for algorithmic traders. Whether you’re aiming to develop a super-fast HFT strategy for CME markets, a cross-market arbitrage strategy, a Smart Order Router connected to multiple trading venues or a Market Making system, Argo can assist.

Our engineers consistently demonstrate a profound ability to tackle the complex challenges of algorithmic trading, coupled with a genuine passion for the art of computer programming. Their substantial experience in key trading strategy data flows—order management, market data handling, risk management, and technical analysis—is a cornerstone of our reputation for delivering high-quality, fast, reliable, and innovative software solutions that effectively meet the evolving demands of the financial industry.

Our team exhibits exceptional proficiency in developing algorithmic trading software, adeptly utilizing languages such as C++, C#, and Python. Their comprehensive understanding of the Financial Information eXchange (FIX) protocol and various trading APIs enables seamless integration with diverse trading venues and market data protocols. Our expertise extends to implementing robust backtesting frameworks, ensuring that trading strategies are rigorously evaluated against historical data.

Argo offers a robust and functionally rich forward testing facility based on the Argo Matching Engine. This infrastructure, which includes both backtesting and forward testing components, enables traders to rigorously test and refine their algorithms under realistic market conditions, ensuring optimal performance and reliability.

Argo’s culture of collaboration ensures that both seasoned and emerging team members contribute to the company’s legacy of excellence, maintaining the high standards our clients have come to expect.

If you’re looking to deploy automatic trading solutions in multi-trader, multi-asset environments with a centralized order management system, risk control and management facility, and algorithmic trading hosting server, desktop, mobile and web based trading front-ends with order entry and technical analysis tools, consider the Argo Trading Platform (ATP). ATP components can be easily customized into a robust, high-performance, yet flexible solution tailored to your business. The ATP Source Code License provides a path for your electronic trading solution to grow, saving many man-years of in-house software development.

Our development fees are highly competitive. Contact Argo to schedule a free one-hour design session today!

Argo offers a full-featured  Sport Betting Exchange solution based on bulletproof technology that we developed for financial industry – Argo Trading Platform. Betting Solution comes with Bets Matching Engine,  order management, market data distribution, risk management facility, web and desktop front-ends, web and native APIs and payment gateway.  The system supports several price representation policies, including Decimal Odds, American Odds, Implied Probability, Point Spread and Total Over-Under.

Argo Trading Platform was successfully used to implement regulated (stock and commodity) exchanges, OTC, FOREX and cryptocurrency markets, ATSes and SEFs in United States and around the globe.

We offer binary and source code licenses, provide support, training, customization.

Our license, custom development and support fees are very competitive.

Please contact us at info@argocons.com to request more information about Argo Products and services.

Argo Sport Betting Exchange Solution

Argo Crypto/Crypto Derivatives Exchange Solution implements key Exchange data flows including: order matching, order management and routing, trade clearance and settlements, pre- and post- trade risk checks and risk exposure control, market data distribution, account onboarding and funding,  Argo Exchange Solution is based on tried-and-true Argo Trading Platform components.

Argo Crypto/Crypto Derivatives Exchange

Exchange runs on Windows and Linux platforms. We will deploy the system on the servers in your private data center 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 crypto wallets.  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.

Crypto/Crypto Derivatives Exchange Solution features and facilities:

♦ crypto spot, futures, perpetual and multi-leg (calendar spreads,  butterflies) contracts

♦ multi-currency accounts

♦ FIAT-Crypto or Crypto-only workflows

♦ trading crypto and traditional financial instruments: stocks, commodity derivatives, FX contracts, precious  metals on the same platform

♦ high performance  instrument-agnostic matching engine that features price-time priority FIFO and several variations of pro-rata matching algorithms

♦ 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)

♦ FIX/FAST (market data) protocols

♦ self-trading protection

♦ FIX drop copy facility

♦ customizable web-based, mobile and desktop trading front-ends, with charting and technical analysis tools

♦ ultra-fast order management system (OMS) with FIX and RESTful interfaces, smart order  framework

♦ smart order routing to/from liquidity sources, popular crypto and crypto-derivatives markets like CME, BitMEX, Binance

♦ market data dissemination via FIX, FIX/FAST, proprietary multicast and WebSockets protocols

♦ risk management and back office system with margin engine, implementation of various risk policies, self-trading prevention, commissions engine, market schedule facilities, integration with crypto wallets, clearing venues, risk hubs

♦ flexible market administration and risk management  GUI tools

♦ CRM integration

♦ FIX Interfaces

♦ trading and risk control C++, C# and RESTful APIs

♦ professional support

♦ complete control of your technology

We match our competitors prices! Contact us at info@argocons.com for additional information, to schedule a demo or our free one-hour new market design session.

We (Argo SE) have been helping to design and build the software systems for regulated equity, commodity and derivatives exchanges, crypto, FX and energy market operators, ATSes, dark pools, brokers, hedge funds and HFT shops in US and overseas. We employ the brightest software engineers. We are experts in all aspects of financial technology, trading and exchange technology workflows: order management and routing, trade execution, matching algorithms, exchange connectivity, market data distribution and handling, risk management and control, account and portfolio management, automatic trading and market making.

We code in C++, C#, JavaScript, use high-performance code optimization techniques, multithreading on Windows and Linux platforms, advanced TCP, UDP  and reliable multicast networking.   We are experts in  FIX, FIX/FAST, MDP 3, proprietary order management, market data protocols.  We  with all major RDBMSes  and many popular C++ and C# frameworks  including Boost,  QT, ACE, DevExpress.

There is no project too small or too big for Argo!  Our development fees are very competitive!

Please contact us via info@argocons.com for more information or inquire about our free design session.

We also sell  well designed and tested electronic trading components.  Our flagship product Argo Trading Platform (ATP)  is  a generic multi-asset electronic trading solution that serves as a solid technological base for various types of businesses – from regulated equity and commodity exchanges, crypto exchanges, market makers to brokers, hedge funds and high-frequency traders. We have certified and integrated ATP with major trading venues and market data providers, including: CME,  ICE,  CBOT, NSE, MCX, MCX-SX, MOEX, Liffe, EUREX, Arca, Bats, many US dark pools and ATSes, BitMEX, HotSpot, Currenex, EBS, IKON, SIAC/Opra, TenFore, OpenTick, CQG.

ATP comes with ultra-fast order management system (OMS), user friendly desktop and web-based trading screens, charting and technical analysis, algorithmic trading servers, market data distribution and historical market data facility, risk management system, high capacity/low latency matching engine, Trading APIs, High Frequency Trading (HFT) framework, reliable multicast and TCP based messaging system RMCast.

ATP integration team offers assistance in connecting to electronic systems of market participants and regulators for pre-trade risk check, trade confirmation, allocations, regulatory reporting and clearing via MQ, FIX, FpML, and proprietary protocols and APIs.

ATP was successfully used in implementation equity, fixed income and commodity  exchanges, OTC, FOREX, cryptocurrency, commodity (spot and futures), energy markets, ATSes, brokerage and prop trading systems.

Source code and binary licenses, SaaS and hosting arrangements are available.

Are you building a new Commodity spot or future contracts marketplace? Argo Trading Platform will provide strong technological basis for your business.

ATP supports Central Limit Order Book (CLOB) and IOI/RFQ/Quote (Negotiation) workflows. It comes with:

  • • high performance instrument-agnostic matching engine that features price-time priority FIFO and several variations of pro-rata matching algorithms, supports all standard order types and time-in-force options, provides implied IN and implied OUT functionality, continuous and  call auction trading sessions, FIX (order and quote management) and FIX/FAST (market data) protocols;
  • • ultra-fast OMS with FIX interfaces, smart order framework and order routing capabilities;
  • • commodity spot, futures, options, also, FX and crypto contracts, stocks and fixed income instruments;
  • • market data system with FIX, FIX/FAST, proprietary multicast and WebSockets protocols;
  • • risk management and back office system with margin engine, commissions engine, market schedule facilities;
  • • flexible market administration and risk management  GUI tools;
  • • web-based and desktop user-friendly trading front-ends, with charting and technical analysis tools;
  • • CRM integration;
  • • warehouse, clearing venues integration;
  • • trading and risk control C++, C# and RESTful APIs.

ATP runs on Windows and Linux platforms. We sell binary and source code licenses, provide white labeling, support, training, custom development and consulting services. ATP is maintained by a  “black belt” software engineering team in US and Eastern Europe. Our 24/7 support covers all time zones across the globe. Our license fees are very competitive.  Our clients used to say that our perpetual source code license costs less than a  binary packages from our competitors. Hosted arrangements are available for customers who don’t have their own data center and network infrastructure. We match our competitors prices! Contact us at info@argocons.com for additional information, to schedule a demo or our free one-hour new market design session.

Are you building a new web-based Cryptocurrency Exchange? FX,  precious metals market or energy market? Check out our flagship product – Argo Trading Platform. ATP is a set of high performance  FinTech software components that we use to build market places around is the globe. ATP comes with:

  • • high performance instrument-agnostic matching engine that features price-time priority FIFO and several variations of pro-rata matching algorithms, supports all standard order types and time-in-force options, provides implied IN and implied OUT functionality, continuous and  call auction trading sessions, FIX (order and quote management) and FIX/FAST (market data) protocols;
  • • ultra-fast OMS with FIX interfaces, smart order framework and order routing capabilities;
  • • market data system with FIX, FIX/FAST, proprietary multicast and WebSockets protocols;
  • • risk management and back office system with margin engine, commissions engine, market schedule facilities;
  • • flexible market administration and risk management  GUI tools;
  • • web-based and desktop user-friendly trading front-ends, with charting and technical analysis tools;
  • • CRM integration;
  • • trading and risk control C++, C# and RESTful APIs.

ATP runs on Windows and Linux platforms. We sell binary and source code licenses, provide white labeling, support, training, custom development and consulting services. ATP is maintained by a  “black belt” software engineering team in US and Eastern Europe. Our 24/7 support covers all time zones across the globe. Our license fees are very competitive.  Our clients used to say that our perpetual source code license costs less than a  binary packages from our competitors. Hosted arrangements are available for customers who don’t have their own data center and network infrastructure. We match our competitors prices! Contact us at info@argocons.com for additional information, to schedule a demo or our free one-hour new market design session.

Are you in the process of building a cross-exchange arbitrage algorithmic strategy? Argo Trading Platform and High-Frequency Framework  is here to help!

Prices for relative financial instruments are closely correlated across world exchanges.
Correlation is an important tool for traders engaged in cross-exchange trading, it helps to expose arbitrage opportunities. Gold future contracts is a good example. Gold is the same precious metal throughout the world, and gold prices in different countries have historically stayed closely correlated over time, hence its attraction as an arbitrage instrument. The price movements of CME COMEX (USA), SHFE (China) and TOCOM (Japan) gold futures have exhibited correlations in excess of 0.8 for the most of 2017 and 2018 years. The gold futures contracts have attracted decent volume, and the fact that COMEX gold futures are highly liquid during Asia hours has made arbitrage trading between gold futures listed on COMEX, SHFE, and TOCOM especially popular.

Argo HFT  integrates  functionally rich Argo Trading API, ultra-fast Order Management System and Market Data Distribution facility accompanied by number of trading venue and market data  adapters. The solution comes in one light-weight Linux package. Argo HFT provides seamless integration with other Argo Trading Platform components including Argo Trader  trading front-end and Risk Management Facility

Achieving a sub-microsecond latency may be difficult in conventional trading applications. We have “collocated” trading API, order management and market data modules in one process, eliminated IOC-related latencies,  applied a number of tried-and-true and innovative performance optimization techniques.

Our tick-2-order latency satisfies the needs of the most demanding HFT and Market Making applications.  Argo HFT is written on C++ and can be used with various FPGA solutions. Source Code and binary licenses are available. Support and consulting services are available. Please contact us for more information.

Argo SE announces availability of High-Frequency Trading (HFT) solution. Argo HFT  integrates low latency Trading API, ultra-fast Order Management System and Market Data Distribution facility with in-process trading venue order management and market data  adapters. The solution comes in one lightweight Linux package with network interface cards by Solarflare and OpenOnload kernel-bypass IP stack.

Argo HFT provides seamless integration with other  Argo Trading Platform components including Argo Trader trading front-end and Risk Management Facility

Our sub-microsecond tick-2-order latency satisfies the needs of the most demanding HFT and Market Making applications.

Argo HFT is written on C++ and can be used with various FPGA solutions. Source Code and binary licenses are available. Support, consulting and custom development services are available. Please contact us at info@argocons.com for more information.

Are you building your own OTC market? Cryptocurrency exchange? Regulated stock or commodity derivatives exchange?

Check out our flagship product – Argo Trading Platform  ATP is a set of high performance  FinTech software components that we use to build market places around is the globe. We support CLOB and RFQ (manual and automatic dealing and market making) workflows. ATP runs on Windows and Linux platforms. It comes with:

— high performance instrument-agnostic matching engine that features price-time priority FIFO and several variations of pro-rata matching algorithms, supports all standard order types and time-in-force options, provides implied IN and implied OUT functionality, continuous and  call auction trading sessions, FIX (order and quote management) and FIX/FAST (market data) protocols;

— ultra-fast OMS with FIX interfaces, smart order framework and order routing capabilities; 

— market data system with FIX, FIX/FAST, proprietary multicast and WebSockets protocols;

— risk management and back office system with margin engine, commissions engine, market schedule facilities;

— flexible market administration and risk management  GUI tools;

— desktop and web-based trading front-ends, with charting and technical analysis tools;

— trading and risk control C++, C# and RESTful APIs;

— algorithmic trading framework;

— FIX hub/router;

— reliable multicast messaging system.

We sell binary and source code licenses, provide white labeling, support, training, custom development and consulting services. We maintain development and support centers in US and overseas covering all time zones across the globe. Our fees are very competitive.  Our clients used to say that our perpetual source code license costs less than a  binary packages from our competitors. Hosted arrangements are available for customers who don’t have their own data center and network infrastructure. Contact us at info@argocons.com for additional information, to schedule a demonstration session or for a free one-hour design session. We will be glad to help!

We are happy to announce an availability of Exchange-in-the-Box (EiB) solution. EiB is a full-featured electronic market system based on Argo Trading Platform technology. It’s built as a Linux package and can be used on a retail class Linux system with MySQL, Apache and WordPress content management system.

EiB comes with powerful matching engine, super-fast order management and market data distribution facilities, account risk management server, web and desktop trading screens, trading APIs, administrative front-end.

EiB features:

  • Central Limit Order Book (CLOB) workflow;
  • Several flavors of price-time priority and pro-rata order matching algorithms;
  • Support for equities, futures, options, bonds, forwards, exchange traded strategies (like calendar spreads, butterflies) and other instrument types;
  • Implied engine: implied IN and implied OUT;
  • Reach administrative tools with order flow monitoring, dynamic (intra-day) instrument creation, account and risk limit profile management, continuous and call auction style trading session scheduler;
  • Market, Limit, Stop-Loss and Stop-Limit, Iceberg and trailing order types; Day, GTD, GTC, GFS, FOK, IOC, AON time-in-force options;
  • Validation of order price alignment, price range, minimum order size, order size increment, and more;
  • FIX interfaces for order management;
  • Order routing to external trading venues capabilities;
  • FIX/FAST and FIX protocols for market depth (full snapshot, incremental updates), market statistics, and instrument definitions distribution;
  • Integration with WordPress-based CRM.

 

Advanced multithreading helps to utilize multiple processors efficiently. Multiple matching engines to work in concert in one trading environment.

Argo Trading Platform was successfully used in regulated (stock and commodity) exchanges, OTC, FOREX and cryptocurrency markets across the globe.

EiB package is designed to help new market operators to build a working model, quickly integrate system with 3d party applications and move it to production.

Argo Trading Platform server modules are written in C++ for performance and portability, front-ends are JavaScript and Windows C#/.Net based applications.

Source code licenses are available.

We provide support, integration and custom financial software development services.

Please contact as at info@argocons.com for more information.

Email