According to the company, the product is a black-box technology which integrates low-latency live and historical market data, a comprehensive execution gateway and OmniPro, Nexa’s direct market access (DMA) trading platform for the proprietary trading market, in an attempt to allow traders to respond to and execute trades at a faster speed.
The software also includes TickData, a data service that allows customers to amend trading strategies accordingly.
Nexa says its hosting and facilities management enables customers to co-locate their automated trading systems at Nexa data centres in London, New York, or Texas, which permits the time-savings of a local data center without the cost and burden of hosting the technology themselves.
Eric Stoop, Nexa’s president, said, By offering a ‘one-stop shop’ black-box solution, clients no longer need to outsource each component and can focus on developing dynamic trading strategies rather than managing the technology required to execute them.
