Vela’s Metro
The Metro Trading Platform from Vela offers a complete solution for options pricing, execution, and risk management combined with best-of-breed API extensibility to support automated, algorithmic, and click trading strategies.
Key Features
- Fully concurrent design and an in-process execution model that prioritises trading logic to achieve round trip times in microseconds
- Flexibility of an in-house solution without the resource and infrastructure overhead
- Custom RFQ tools for Eurex EnLight spread reception, negotiation and trading
- MiFID II and MAR compliant with full exchange-driven change management
- Full tablet functionality adopted by hundreds for pit trading
- Specific features for energy trading include CSO and APO support, strip pricing, Ju-Zhong pricing model and BBO widget for aggregated market data and best execution across three venues
- Smart volatility skew linking imperative for S&P index traders with almost daily expirations across different symbols and exchanges
- Interest rate traders can manage volatility skews and portfolio risk across the entire yield curve
Vela’s DMA Platform
The DMA Platform from Vela is an award-winning, fully-managed and hosted order routing solution providing ultra-low latency market access while reducing cost of ownership and time-to-market.
Key Features
- Built for speed to help achieve quality execution and superior fill ratios
- Quick access to new markets as required with support for 40+ global listed derivatives venues via a single API
- Pre-trade risk controls that comply with regulatory obligations as well as internal risk limits and portfolio goals
- Meets the trading needs of buy-side firms and sell-side brokers
- Deployed and available in major exchange co-location sites globally
- Broker neutral and can be integrated with most trading screens and back-office solutions
- Onboarded by 20+ brokers and clearing firms
- Client-side APIs include FIX 4.4 and 5.0 and Vela API
- Vela API is a multithreaded and asynchronous binary API designed for speed