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.
