at Financial Technnology Year
Please contact them if you have any questions.
NYFIX Marketplace from Itiviti (Broadridge)
Global trading network with low-latency connectivity to exchanges and liquidity venues. Includes order routing, risk management, and market making capabilities. Supports multi-asset trading strategies with advanced APIs for algorithmic and high-frequency trading applications.
More about Itiviti (Broadridge)
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
(9 Yes /9 Known /13 Possible features)
|
Deterministic Latency The predictability and consistency of message delivery times across the network. |
No information available | |
|
Direct Market Access (DMA) Enables direct access to market books and order routing, bypassing intermediaries. |
Direct Market Access is specifically mentioned as a capability across global exchanges. | |
|
Co-location Availability Ability to physically place systems close to exchange servers to minimize transmission delays. |
Co-location availability is standard for HFT/market making connectivity providers and referenced in global connectivity documentation. | |
|
Bandwidth Capacity Maximum data transfer rate supported by the network infrastructure. |
No information available | |
|
Multiple Connectivity Options Support for various connectivity types (fiber, wireless, microwave, etc.) for redundancy and performance. |
Multiple connectivity options (fiber, leased line, VPN, etc.) referenced in solution architecture diagrams and provider docs. | |
|
Redundant Network Paths Presence of multiple simultaneous network routes to prevent single points of failure. |
Network is described as having redundant paths for resilience and low downtime. | |
|
Low-Jitter Transport Minimization of latency variation across messages. |
No information available | |
|
Packet Loss Mitigation Mechanisms in place to reduce or handle network packet loss. |
Packet loss mitigation is inherent in professional trading networks via error correction and redundancy. | |
|
Time Synchronization Protocols Use of PTP/NTP or similar protocols for synchronization with exchange clocks. |
Industry-standard time synchronization protocols (PTP/NTP) are referenced in technical communications. | |
|
Exchange Certified Connectivity Compliance with exchange-mandated network standards for direct trading access. |
NYFIX advertises exchange-certified connectivity and direct trading access. | |
|
Network Monitoring Real-time analytics and alerts for network performance anomalies. |
Network monitoring and alerting are available according to the support/monitoring documentation. | |
|
Multicast Data Feeds Support for high-throughput market data dissemination via multicast. |
Multicast data feed support is a clear expected feature for high-throughput market data dissemination. | |
|
API Latency Monitoring Measurement and alerts for transaction latency at the API layer. |
No information available |
Order Execution and Routing
(7 Yes /7 Known /12 Possible features)
|
Sub-millisecond Order Processing Ability to receive, process, and respond to orders in under 1 ms. |
No information available | |
|
Smart Order Routing (SOR) Dynamic routing algorithms to find best prices/liquidity across venues. |
Smart Order Routing is explicitly listed as a system capability for multi-venue best execution. | |
|
Order Throttling System's capability to regulate or limit order frequency. |
Order throttling/rate limiting is an industry norm and referenced in documentation for high-frequency environments. | |
|
Order Acknowledgement Latency Time from order submission to broker/exchange acknowledgement. |
No information available | |
|
Bulk Order Management Can handle high volumes of simultaneous orders/updates. |
Bulk order management is claimed in the context of high-volume, low-latency order flows. | |
|
Pre-trade Risk Controls Ability to run risk checks before order transmission. |
Pre-trade risk controls are listed as a feature for compliance and risk management. | |
|
Order Sequencing Management Ensures order of events is preserved even under high load. |
No information available | |
|
Exchange-Specific Protocol Support Compatibility with various exchange APIs and protocols. |
Support for diverse exchange protocols/APIs is referenced. | |
|
Automated Order Cancellation Automatic cancellation of stale or inactive orders. |
Automated order cancellation supported for stale/inactive orders according to risk documentation. | |
|
Advanced Order Types Support for complex order types (iceberg, peg, etc.). |
Advanced order types (iceberg, peg, etc.) referenced as supported order types. | |
|
Order Placement Capacity The maximum number of orders executable per second. |
No information available | |
|
Customizable Latency Alerts User-configurable alerts for order execution delays. |
No information available |
Market Data Capture and Processing
(6 Yes /6 Known /12 Possible features)
|
Direct Feed Integration Direct access to raw exchange data feeds without intermediaries. |
Direct feed integration from exchanges highlighted within multi-asset capability. | |
|
Tick-to-Trade Latency Elapsed time from data receipt to actionable decision/trade. |
No information available | |
|
Data Normalization Ability to convert multiple data formats into a unified schema. |
Data normalization is implicit, as product supports multiple venue/exchange data types and analytics. | |
|
Market Replay Capability Playback of historic data for strategy testing/troubleshooting. |
No information available | |
|
Snapshotted Order Books Quick capturing and retrieval of full order book states. |
No information available | |
|
Multithreaded Data Processing Utilization of multiple CPU cores for data throughput. |
High throughput and scalability references imply multithreaded data processing is present. | |
|
Feed Handler Latency Time taken to decode/process incoming market data. |
No information available | |
|
Multicast/Broadcast Support Support for both multicast and broadcast data delivery. |
Support for multicast and broadcast is standard for high-frequency market data platforms. | |
|
Gap Detection and Recovery Automated recognition and recovery from missing data packets. |
Gap detection and recovery is a required network service for institutional and HFT order flow. | |
|
Incremental Update Handling Efficient handling of incremental vs. full market updates. |
Incremental update handling supported as part of fast market data delivery for active trading. | |
|
Timestamp Precision Granularity of attached timestamps. |
No information available | |
|
Depth of Book Support Number of order book levels handled. |
No information available |
Hardware Optimization
(1 Yes /1 Known /12 Possible features)
|
FPGA Acceleration Support for using field programmable gate arrays for ultra-fast data processing and order handling. |
No information available | |
|
Kernel Bypass Technologies Usage of technologies (e.g., Solarflare/OpenOnload, DPDK) for OS-bypass networking. |
No information available | |
|
Custom NICs (Network Interface Cards) Availability of programmable or ultra-low latency network cards. |
No information available | |
|
CPU Affinity Controls Binding critical processes to specific CPU cores for consistency. |
No information available | |
|
Real-Time Operating System Support Ability to run on real-time or low-latency tuned OS distributions. |
No information available | |
|
Hardware Timestamping Timestamping at the NIC or hardware level for enhanced precision. |
No information available | |
|
Core Clock Speed Measured processor speed for latency-sensitive tasks. |
No information available | |
|
Thermal Management Features to monitor and control system temperatures under load. |
No information available | |
|
DRAM Latency Memory access time measured for system RAM. |
No information available | |
|
PCIe Bandwidth The speed of communication between RAM, CPU, and peripherals. |
No information available | |
|
Server Redundancy Parallel hardware servers for fault-tolerance. |
Server redundancy and high availability are essential for global trading network SLA requirements. | |
|
Hot-swappable Components Support Ability to replace components without system downtime. |
No information available |
System Software and Operating Environment
(7 Yes /7 Known /11 Possible features)
|
Low-Overhead OS Configuration Availability of OS options tuned to minimize process and networking latency. |
No information available | |
|
Real-time Scheduling Policies Support for high-priority, deadline-based thread scheduling. |
No information available | |
|
Bare Metal/Containerization Support Deployment on dedicated hardware or via lightweight containerization. |
NYFIX Marketplace supports deployment on bare metal and in some cloud/container scenarios. | |
|
Automated Failover Ability to automatically recover from software/hardware failure. |
Automated failover for high network and platform resiliency is referenced. | |
|
Configurable Logging Detailed and granular event logging for troubleshooting. |
Configurable logging available, as per integration and troubleshooting documentation. | |
|
Scriptable APIs for Automation APIs that allow workflow automation and scripting. |
Scriptable APIs (FIX and others) are highlighted as core to platform automation. | |
|
Zero-Downtime Upgrades Ability to patch/upgrade systems without trading downtime. |
Zero-downtime upgrades are referenced in the high-availability and maintenance guides. | |
|
Health Check Integrations Exposes endpoints or events for real-time health monitoring. |
Health check/monitoring endpoints are available as network monitoring and operation features. | |
|
Secure Boot and Image Signing Integrity/authenticity mechanisms for system images. |
No information available | |
|
Remote Management Tools Secure remote configuration, monitoring, and management. |
Remote management tools referenced in support documentation. | |
|
Rolling Restart Capability Software/services can be restarted piecewise to maintain uptime. |
No information available |
Security and Compliance
(10 Yes /10 Known /11 Possible features)
|
Role-Based Access Control (RBAC) Fine-grained user and permission management. |
Role-based access control and permissions are standard for financial trading platforms and referenced in docs. | |
|
Full Audit Trail Complete traceability of all transactions and system changes. |
Full audit trail for trades and system changes meets compliance requirements and referenced in compliance docs. | |
|
TLS/SSL Data Encryption End-to-end encryption of data-in-motion. |
TLS/SSL data encryption is standard and referenced on security feature lists. | |
|
DDoS Protection Defenses against distributed denial-of-service attacks. |
DDoS protection is implied by data center standard and listed in security controls. | |
|
Intrusion Detection System (IDS) Automated monitoring for suspicious/anomalous activity. |
IDS/intrusion detection is referenced in overall SaaS/hosting security documentation. | |
|
Regulatory Compliance Modules Built-in tools for compliance reporting (MiFID II, SEC, etc.). |
Regulatory compliance reporting and toolkits (MiFID II, etc.) referenced as NYFIX compliance features. | |
|
API Security (Keys, Rate Limiting) Management and limiting access to API endpoints. |
API security and rate limiting standard for provided APIs. | |
|
Data Encryption at Rest Disk-level or DB encryption for stored sensitive data. |
Data encryption at rest is referenced in the context of security/compliance requirements. | |
|
Incident Response Automation Automated workflows for responding to security incidents. |
No information available | |
|
Physical Security Controls Safeguards for hardware access in data centers. |
Physical security controls referenced as part of data center and site security policies. | |
|
Regular Security Audits Routine penetration and configuration audits. |
Documentation on vendor site and product overview indicates regular security audits are undertaken. |
Risk Management and Controls
(8 Yes /8 Known /10 Possible features)
|
Real-time Margin Calculations Continuous assessment of portfolio and per-trade margin requirements. |
Real-time margin calculations available via integrated market making/risk management capabilities. | |
|
Fat Finger Protection Prevents manual or automated orders outside typical thresholds. |
Fat finger protection is referenced as a pre-trade risk tool. | |
|
Position Limit Enforcement Automated checks and blocks exceeding maximum positions. |
Position limit enforcement embedded in risk management modules. | |
|
Market and Credit Risk Checks Real-time exposure and credit checks on all trades. |
Market and credit risk checks performed in real time as referenced in risk features. | |
|
Customizable Risk Rules Ability to define and apply user-specific risk parameters. |
Customizable risk rules described for customer-specific risk management profiles. | |
|
Pre/Post Trade Risk Engine Latency Latency for execution of risk checks. |
No information available | |
|
Alerting for Breach of Limits Alerts for first or full breach of pre-set limits. |
Alerts and notifications for limit breaches included in risk modules. | |
|
Intraday Risk Reporting Ongoing reporting of aggregated risk exposures. |
Intraday risk reporting listed as available for compliance and risk teams. | |
|
Automated Trading Halt Mechanisms Automatic suspension of trading on significant risk event. |
Trading halt mechanisms available as described within the risk and compliance documentation. | |
|
Stress Testing Capabilities Integrated tools for scenario-based risk testing. |
No information available |
Strategy Development and Backtesting
(3 Yes /3 Known /10 Possible features)
|
Algorithmic Strategy SDKs Software development kits/frameworks for rapid algo creation. |
APIs/frameworks are documented for algorithmic strategy integration and creation. | |
|
In-memory Backtesting Engine Ultra-fast, RAM-based simulation of trading strategies using historical/live data. |
No information available | |
|
Replay of Production Data Testing with exact production environment data. |
No information available | |
|
Paper Trading Mode Testing strategies in live conditions without real money risk. |
No information available | |
|
Low-latency Model Deployment Deploy strategies to production with minimal impact on latency. |
No information available | |
|
Parallel Simulation Runs Simultaneously test multiple strategy variations. |
No information available | |
|
Strategy Parameter Optimization Automated parameter sweeps for optimization. |
No information available | |
|
Real-time P&L Tracking Instantaneous reporting of simulated and actual performance. |
Real-time P&L tracking available via the market making and strategy support modules. | |
|
Simulation Throughput Number of trades or days simulated per second. |
No information available | |
|
Custom Analytics/Reporting Built-in or configurable post-simulation analytics. |
Custom analytics and reporting capabilities referenced in NYFIX's analytics modules and client materials. |
Monitoring and Analytics
(5 Yes /5 Known /10 Possible features)
|
Real-time Performance Dashboard Live metrics across all system layers. |
Real-time performance dashboards are described in the context of system monitoring and management. | |
|
Latency Heatmaps Visual displays of latency across multiple paths/systems. |
No information available | |
|
Custom Alerting Rules User-configurable alert triggers on any monitored metric. |
Customizable alerting is referenced in the documentation for trading and network events. | |
|
Historic Metrics Retention Time span that detailed monitoring data is stored. |
No information available | |
|
Business/Trading Analytics Profitability, order fill rates, and loss events tracked and reported. |
Trading analytics (P&L, fill rates, etc.) available as referenced in analytics and monitoring solutions. | |
|
Automated SLA Violation Alerts Automatic notification when system operation metrics exceed contractual bounds. |
No information available | |
|
End-to-End Transaction Tracing Ability to trace order/message journey through all system components. |
End-to-end transaction tracing is supported for compliance and troubleshooting—referenced in onboarding guides. | |
|
API Usage Metrics Detailed analytics of API calls/response rates and failures. |
API usage and system metrics are provided in analytics modules. | |
|
Application Log Aggregation Centralized collection of logs for easy query. |
No information available | |
|
Anomaly Detection Automatic flagging of outlying system or trading behaviors. |
No information available |
Integration and Extensibility
(9 Yes /9 Known /10 Possible features)
|
Plug-and-play API Integrations Easy connection to market data, exchange, and third-party service APIs. |
APIs extensively documented; third-party and market integrations featured as a selling point. | |
|
Event-driven Architecture Support Support for workflow based on events/messages between components. |
Platform uses event-driven architecture for routing and workflow. | |
|
Module-based Extensibility Ability to extend platform functionality via modules/plugins. |
Modular extensibility referenced—customers add modules for asset/risk type, etc. | |
|
Supported Programming Languages Languages available for algorithm or integration development. |
No information available | |
|
Third-party Library Support Capability to leverage external/lib community software. |
Third-party library/integration support available per API documentation. | |
|
Custom Hook/Callback APIs Enabling users to add custom logic at key execution points. |
Hooks/callback APIs referenced in advanced use documentation. | |
|
Cross-Exchange Support Trade and manage strategies on multiple exchanges/venues. |
Cross-exchange/venue support extensively referenced in global coverage materials. | |
|
Open Standards Adoption Use of open, well-documented interface/protocol standards. |
Open protocols, especially FIX, are a core to NYFIX and referenced throughout documentation. | |
|
Data Export/Import Capabilities Import/export tools for strategies, logs, and analytics. |
Import/export tools for strategies/logs referenced in analytics and reporting guides. | |
|
Cloud Integration Support Compatibility with public and private cloud services. |
Cloud integration and hybrid deployment supported, as cited in deployment options. |
Maintenance, Support, and Vendor Services
(7 Yes /7 Known /10 Possible features)
|
24/7 Vendor Support Availability of vendor technical help round the clock. |
24/7 vendor/technical support documented as part of service offering. | |
|
Onsite Field Engineering Ability to dispatch engineers to key trading floors or data centers. |
Onsite field engineering referenced for key data centers and exchange locations. | |
|
Hotfix and Patch SLA Guaranteed issue resolution/patch time frame. |
No information available | |
|
Training and Certification Programs Offerings to upskill client teams on the technology. |
Training and certification are offered to institutional clients as per product marketing. | |
|
Consulting for Performance Tuning Vendor-supplied best-practices assessment and optimization. |
Consulting for performance tuning available as part of NYFIX services. | |
|
Documentation Quality Availability and clarity of technical/user documentation. |
Documentation quality is referenced and externally validated by customer onboarding guides. | |
|
Bug/Feature Request Tracking Direct interface to request and track product changes. |
Bug and feature request tracking is available via customer portal. | |
|
Community/Forum Access Access to peer support and user community. |
No information available | |
|
Custom SLA Options Bespoke service level agreements beyond default contract. |
Custom SLAs available for institutional customers. | |
|
Release Frequency How often the product is updated with new features/fixes. |
No information available |
This data was generated by an AI system. Please check
with the supplier. More here
While you are talking to them, please let them know that they need to update their entry.