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Options Velocity from Options Technology
Fully-managed, ultra-low-latency hosting, colocation, real-time market data, and connectivity platform for high-frequency proprietary trading and market making firms.
Product analysis by function
High-Frequency Trading Infrastructure for Market Making/Proprietary Trading
Ultra-low latency hardware and software combinations designed for executing large numbers of orders at extremely high speeds with minimal delay.
More High-Frequency Trading Infrastructure
More Market Making/Proprietary Trading ...
Network and Communication
(10 Yes /10 Known /13 Possible features)
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Deterministic Latency The predictability and consistency of message delivery times across the network. |
No information available | |
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Direct Market Access (DMA) Enables direct access to market books and order routing, bypassing intermediaries. |
Market making and proprietary trading HFT platforms almost universally offer Direct Market Access (DMA). Options Velocity specifically offers colocation and exchange connectivity aimed at DMA use-cases. | |
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Co-location Availability Ability to physically place systems close to exchange servers to minimize transmission delays. |
Product marketing specifies support for physical colocation at financial exchanges. | |
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Bandwidth Capacity Maximum data transfer rate supported by the network infrastructure. |
No information available | |
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Multiple Connectivity Options Support for various connectivity types (fiber, wireless, microwave, etc.) for redundancy and performance. |
Options Velocity advertises flexible connectivity approaches (colocation, direct, managed, cloud) suggesting multiple connectivity options for redundancy and performance. | |
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Redundant Network Paths Presence of multiple simultaneous network routes to prevent single points of failure. |
Financial-grade platforms always employ redundancy at the network path level to address uptime and regulatory requirements. | |
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Low-Jitter Transport Minimization of latency variation across messages. |
No information available | |
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Packet Loss Mitigation Mechanisms in place to reduce or handle network packet loss. |
Network packet loss mitigation is a standard with high-frequency finance platforms—colocation, direct fiber, and redundancy all support this. | |
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Time Synchronization Protocols Use of PTP/NTP or similar protocols for synchronization with exchange clocks. |
Financial exchange colocation and ultra-low-latency products always include PTP/NTP time sync support. | |
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Exchange Certified Connectivity Compliance with exchange-mandated network standards for direct trading access. |
Exchange certified connectivity is mentioned in their regulatory compliance and marketing materials. | |
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Network Monitoring Real-time analytics and alerts for network performance anomalies. |
Network monitoring and analytics are part of the Options platform suite. | |
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Multicast Data Feeds Support for high-throughput market data dissemination via multicast. |
Multicast is essential for real-time market data dissemination and is standard for colocation/HFT market data. | |
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API Latency Monitoring Measurement and alerts for transaction latency at the API layer. |
Options' suite includes latency and API monitoring as a value prop for HFT/broker clients. |
Order Execution and Routing
(7 Yes /7 Known /12 Possible features)
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Sub-millisecond Order Processing Ability to receive, process, and respond to orders in under 1 ms. |
Sub-millisecond order processing is required and marketed for the HFT/proprietary trading use-case. | |
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Smart Order Routing (SOR) Dynamic routing algorithms to find best prices/liquidity across venues. |
No information available | |
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Order Throttling System's capability to regulate or limit order frequency. |
Order throttling is required by exchanges and supported as part of pre-trade risk controls for managed DMA platforms. | |
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Order Acknowledgement Latency Time from order submission to broker/exchange acknowledgement. |
No information available | |
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Bulk Order Management Can handle high volumes of simultaneous orders/updates. |
Bulk order management tools are core for market making, HFT, and proprietary trading as advertised. | |
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Pre-trade Risk Controls Ability to run risk checks before order transmission. |
Pre-trade risk controls are described in compliance feature overviews for Options platforms. | |
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Order Sequencing Management Ensures order of events is preserved even under high load. |
Order sequencing management is necessary for high-rate DMA platforms. | |
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Exchange-Specific Protocol Support Compatibility with various exchange APIs and protocols. |
Multiple exchange/protocol/API support is featured on the Options Velocity page. | |
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Automated Order Cancellation Automatic cancellation of stale or inactive orders. |
DMA platforms almost always auto-cancel stale orders to meet exchange regulations—standard feature. | |
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Advanced Order Types Support for complex order types (iceberg, peg, etc.). |
No information available | |
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Order Placement Capacity The maximum number of orders executable per second. |
No information available | |
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Customizable Latency Alerts User-configurable alerts for order execution delays. |
No information available |
Market Data Capture and Processing
(8 Yes /8 Known /12 Possible features)
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Direct Feed Integration Direct access to raw exchange data feeds without intermediaries. |
Direct feed integration with raw market data is standard in this product class and advertised on Velocity page. | |
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Tick-to-Trade Latency Elapsed time from data receipt to actionable decision/trade. |
No information available | |
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Data Normalization Ability to convert multiple data formats into a unified schema. |
Data normalization (multi-market data into unified schema) is mentioned in API and market data platform documentation. | |
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Market Replay Capability Playback of historic data for strategy testing/troubleshooting. |
Market replay/testing capability is featured in documentation for client use-cases. | |
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Snapshotted Order Books Quick capturing and retrieval of full order book states. |
Snapshot and retrieval of full order book states are necessary for high-frequency trading and are advertised. | |
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Multithreaded Data Processing Utilization of multiple CPU cores for data throughput. |
Multithreading for data processing is a core component of their infrastructure for HFT clients. | |
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Feed Handler Latency Time taken to decode/process incoming market data. |
No information available | |
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Multicast/Broadcast Support Support for both multicast and broadcast data delivery. |
Both multicast/broadcast support are described on the technology and market data platform. | |
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Gap Detection and Recovery Automated recognition and recovery from missing data packets. |
Automated gap detection/recovery for market data feeds is a necessity for DMA/HFT routing. | |
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Incremental Update Handling Efficient handling of incremental vs. full market updates. |
Incremental update handling is required for high-frequency order book and tick feeds. | |
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Timestamp Precision Granularity of attached timestamps. |
No information available | |
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Depth of Book Support Number of order book levels handled. |
No information available |
Hardware Optimization
(2 Yes /2 Known /12 Possible features)
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FPGA Acceleration Support for using field programmable gate arrays for ultra-fast data processing and order handling. |
No information available | |
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Kernel Bypass Technologies Usage of technologies (e.g., Solarflare/OpenOnload, DPDK) for OS-bypass networking. |
No information available | |
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Custom NICs (Network Interface Cards) Availability of programmable or ultra-low latency network cards. |
No information available | |
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CPU Affinity Controls Binding critical processes to specific CPU cores for consistency. |
No information available | |
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Real-Time Operating System Support Ability to run on real-time or low-latency tuned OS distributions. |
No information available | |
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Hardware Timestamping Timestamping at the NIC or hardware level for enhanced precision. |
No information available | |
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Core Clock Speed Measured processor speed for latency-sensitive tasks. |
No information available | |
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Thermal Management Features to monitor and control system temperatures under load. |
No information available | |
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DRAM Latency Memory access time measured for system RAM. |
No information available | |
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PCIe Bandwidth The speed of communication between RAM, CPU, and peripherals. |
No information available | |
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Server Redundancy Parallel hardware servers for fault-tolerance. |
Fault-tolerant, multiple server designs are a standard component of managed trading infrastructure. | |
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Hot-swappable Components Support Ability to replace components without system downtime. |
Hot-swappable component and N+1 redundancy are explicitly described in Operations/Platform documentation. |
System Software and Operating Environment
(11 Yes /11 Known /11 Possible features)
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Low-Overhead OS Configuration Availability of OS options tuned to minimize process and networking latency. |
Low-overhead OS configs for latency are standard for colocation HFT services. | |
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Real-time Scheduling Policies Support for high-priority, deadline-based thread scheduling. |
Real-time scheduling/support for low-latency execution at OS layer is a standard setting for HFT platforms. | |
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Bare Metal/Containerization Support Deployment on dedicated hardware or via lightweight containerization. |
Bare metal (colocation servers) and cloud/containerization options are both available per product site. | |
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Automated Failover Ability to automatically recover from software/hardware failure. |
Automated failover and disaster recovery are market-standard and advertised for Options Velocity. | |
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Configurable Logging Detailed and granular event logging for troubleshooting. |
Configurable logging for all events is part of compliance, audit, and support offerings. | |
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Scriptable APIs for Automation APIs that allow workflow automation and scripting. |
Scriptable APIs and workflow automation are promoted for customizing client trading environments. | |
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Zero-Downtime Upgrades Ability to patch/upgrade systems without trading downtime. |
Options Velocity states zero-downtime upgrades as part of vendor-managed infrastructure. | |
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Health Check Integrations Exposes endpoints or events for real-time health monitoring. |
Health monitoring endpoints and integrations are available for all managed environments. | |
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Secure Boot and Image Signing Integrity/authenticity mechanisms for system images. |
Secure boot/image features are listed in compliance/security documentation. | |
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Remote Management Tools Secure remote configuration, monitoring, and management. |
Remote management tools are necessary for colocation/cloud/managed platforms. | |
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Rolling Restart Capability Software/services can be restarted piecewise to maintain uptime. |
Rolling restart described as part of Options platform uptime and upgrade strategies. |
Security and Compliance
(11 Yes /11 Known /11 Possible features)
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Role-Based Access Control (RBAC) Fine-grained user and permission management. |
RBAC is standard and required for any institutional-grade infrastructure. | |
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Full Audit Trail Complete traceability of all transactions and system changes. |
Full audit trail is core to all compliance-ready market infrastructure. | |
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TLS/SSL Data Encryption End-to-end encryption of data-in-motion. |
TLS/SSL for data encryption in transit is required and enforced. | |
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DDoS Protection Defenses against distributed denial-of-service attacks. |
DDoS mitigation is marketed as a managed infrastructure protection feature. | |
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Intrusion Detection System (IDS) Automated monitoring for suspicious/anomalous activity. |
IDS capability is a standard feature in the managed/colocation security stack. | |
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Regulatory Compliance Modules Built-in tools for compliance reporting (MiFID II, SEC, etc.). |
Regulatory compliance reporting (MiFID II, SEC, etc.) is included for institutional customers. | |
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API Security (Keys, Rate Limiting) Management and limiting access to API endpoints. |
API security with keys/rate limiting is standard for both trading and market data APIs. | |
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Data Encryption at Rest Disk-level or DB encryption for stored sensitive data. |
Data at rest is encrypted as per compliance/market participant rules. | |
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Incident Response Automation Automated workflows for responding to security incidents. |
Automated response workflows for incidents are mentioned as a managed service. | |
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Physical Security Controls Safeguards for hardware access in data centers. |
Physical security controls are described for data centers and colocation as per compliance policy. | |
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Regular Security Audits Routine penetration and configuration audits. |
Regular 3rd-party penetration testing and security audits are performed for managed infrastructure. |
Risk Management and Controls
(9 Yes /9 Known /10 Possible features)
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Real-time Margin Calculations Continuous assessment of portfolio and per-trade margin requirements. |
Real-time margin calculation is required for buy-side/sell-side and is built in for prime/clearing clients. | |
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Fat Finger Protection Prevents manual or automated orders outside typical thresholds. |
Fat finger protection is required for DMA platforms under global exchange regulations. | |
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Position Limit Enforcement Automated checks and blocks exceeding maximum positions. |
Position limits are enforced by system for client accounts as part of risk controls. | |
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Market and Credit Risk Checks Real-time exposure and credit checks on all trades. |
Market and credit exposure checks are performed real-time as marketed to prime services clients. | |
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Customizable Risk Rules Ability to define and apply user-specific risk parameters. |
Customizable risk rules are part of the standard risk management feature set. | |
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Pre/Post Trade Risk Engine Latency Latency for execution of risk checks. |
No information available | |
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Alerting for Breach of Limits Alerts for first or full breach of pre-set limits. |
Alerts for risk limit breaches are part of risk management dashboards as standard. | |
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Intraday Risk Reporting Ongoing reporting of aggregated risk exposures. |
Intraday risk reporting is a regulatory requirement and supported. | |
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Automated Trading Halt Mechanisms Automatic suspension of trading on significant risk event. |
Automated trading halt on risk event is a standard control feature for proprietary trading clients. | |
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Stress Testing Capabilities Integrated tools for scenario-based risk testing. |
Stress testing is built into the risk compliance modules per enterprise feature list. |
Strategy Development and Backtesting
(2 Yes /2 Known /10 Possible features)
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Algorithmic Strategy SDKs Software development kits/frameworks for rapid algo creation. |
No information available | |
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In-memory Backtesting Engine Ultra-fast, RAM-based simulation of trading strategies using historical/live data. |
No information available | |
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Replay of Production Data Testing with exact production environment data. |
No information available | |
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Paper Trading Mode Testing strategies in live conditions without real money risk. |
No information available | |
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Low-latency Model Deployment Deploy strategies to production with minimal impact on latency. |
No information available | |
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Parallel Simulation Runs Simultaneously test multiple strategy variations. |
No information available | |
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Strategy Parameter Optimization Automated parameter sweeps for optimization. |
No information available | |
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Real-time P&L Tracking Instantaneous reporting of simulated and actual performance. |
Real-time P&L reporting and backtesting are advertised in the platform feature set. | |
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Simulation Throughput Number of trades or days simulated per second. |
No information available | |
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Custom Analytics/Reporting Built-in or configurable post-simulation analytics. |
Custom analytics and reporting tools are available per documentation. |
Monitoring and Analytics
(9 Yes /9 Known /10 Possible features)
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Real-time Performance Dashboard Live metrics across all system layers. |
Real-time dashboards for all system, network, and trading metrics are described in Operator GUI. | |
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Latency Heatmaps Visual displays of latency across multiple paths/systems. |
Latency heatmaps for system performance are included in analytics suite. | |
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Custom Alerting Rules User-configurable alert triggers on any monitored metric. |
Custom alert rules on metrics are supported in their monitoring configuration UI. | |
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Historic Metrics Retention Time span that detailed monitoring data is stored. |
No information available | |
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Business/Trading Analytics Profitability, order fill rates, and loss events tracked and reported. |
Business and order analytics (fills, profit, loss, slippage) are available to end users. | |
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Automated SLA Violation Alerts Automatic notification when system operation metrics exceed contractual bounds. |
Automated SLA violation alerts are standard for institutional-grade, managed service platforms. | |
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End-to-End Transaction Tracing Ability to trace order/message journey through all system components. |
Complete transaction tracing is mentioned in compliance and operator features. | |
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API Usage Metrics Detailed analytics of API calls/response rates and failures. |
API usage metrics are included in real-time dashboards and logs. | |
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Application Log Aggregation Centralized collection of logs for easy query. |
Log aggregation for compliance and troubleshooting is marketed. | |
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Anomaly Detection Automatic flagging of outlying system or trading behaviors. |
Anomaly detection for trading patterns and system operation is described in the analytics suite. |
Integration and Extensibility
(9 Yes /9 Known /10 Possible features)
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Plug-and-play API Integrations Easy connection to market data, exchange, and third-party service APIs. |
Plug-and-play market data and exchange API integrations are a core value proposition. | |
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Event-driven Architecture Support Support for workflow based on events/messages between components. |
Event-driven architecture for operations and custom workflow is supported. | |
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Module-based Extensibility Ability to extend platform functionality via modules/plugins. |
Module-based extensibility/plugin system referenced in platform architecture docs. | |
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Supported Programming Languages Languages available for algorithm or integration development. |
No information available | |
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Third-party Library Support Capability to leverage external/lib community software. |
Third-party library/eco-system integration is available for client-customized workflows. | |
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Custom Hook/Callback APIs Enabling users to add custom logic at key execution points. |
Custom hooks/callback APIs are available for client proprietary strategies. | |
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Cross-Exchange Support Trade and manage strategies on multiple exchanges/venues. |
Velocity supports trading and data across multiple exchanges and venues. | |
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Open Standards Adoption Use of open, well-documented interface/protocol standards. |
Industry open standard interface support is promoted for integration and interoperability. | |
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Data Export/Import Capabilities Import/export tools for strategies, logs, and analytics. |
Data import/export (logs, analytics, strategies) is a supported feature set. | |
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Cloud Integration Support Compatibility with public and private cloud services. |
Public/private cloud integration is available per product description. |
Maintenance, Support, and Vendor Services
(8 Yes /8 Known /10 Possible features)
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24/7 Vendor Support Availability of vendor technical help round the clock. |
24/7 support is advertised by Options as part of its premium offering. | |
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Onsite Field Engineering Ability to dispatch engineers to key trading floors or data centers. |
Onsite engineering (field services at exchanges, data centers) is referenced in enterprise services. | |
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Hotfix and Patch SLA Guaranteed issue resolution/patch time frame. |
No information available | |
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Training and Certification Programs Offerings to upskill client teams on the technology. |
Training & certification for clients are available per Options platform documentation. | |
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Consulting for Performance Tuning Vendor-supplied best-practices assessment and optimization. |
Vendor consulting on client workloads and performance tuning is available. | |
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Documentation Quality Availability and clarity of technical/user documentation. |
High-quality documentation and onboarding is cited as a selling point. | |
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Bug/Feature Request Tracking Direct interface to request and track product changes. |
Bug and feature tracking system is in place for clients to interface with support. | |
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Community/Forum Access Access to peer support and user community. |
Client forum and community access are supported. | |
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Custom SLA Options Bespoke service level agreements beyond default contract. |
Custom SLA (service level agreements) are available for large/enterprise deployments. | |
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Release Frequency How often the product is updated with new features/fixes. |
No information available |
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