- Overall minimum latency throughout the system;
- Fast quote construction and submission, and automatic response to opportunties;
- Powerful server-side processing and execution;
- Co-location of server next to the exchange matching engine
Metro Benefits and Features
Are you looking for a way to manage information more effectively? Increase efficiency? Mitigate risk? Metro gives traders creative and flexible solutions which in turn lower high-scale costs, increase reliability, and can connect to various exchanges simultaneously all within a powerful and intuitive interface.
Benefits
High Performance
Intuitive Interface
- Streamlined feature set;
- Graphical display of information;
- Flexibility to configure to meet different needs.
Managing Information More Effectively
- Creative ways of organizing, displaying, managing, and filtering data;
- Traders can see what they need to see when they want to see it.
Increasing Efficiency
- Collaborative environment allows traders to communicate and increase group efficiency;
- Dynamic graphical display to quantify market discrepancies and identify them faster;
- New ways of sorting, filtering, and auto-responding to opportunities.
Mitigating Risk Substantially
- Early detection and automated response to extreme market conditions based on defined thresholds;
- Safety features to protect and warn from human error;
- Clear understanding and management of risk to allow for profitable trading;
- Enhanced trader’s communication by providing the ability to chat, share settings, and monitor trading activities within teams.
Multi-Asset Support Across Exchanges
- Simultaneous direct access to various exchanges;
- Unified market access enabling new exchange connections when required.
Lowering High-Scale Costs
- Strategy automation through wizards not requiring scripts to create trading strategies as powerful as if the traders have their own software developers;
- Speedy execution through customized pricing, automated quoting, and risk management.
Easy Integration
- Open architecture allows easy integration with existing systems;
- Integration with proprietary solutions such as proprietary pricing models or execution algorithms;
- Adaptable technology permits traders to fully automate trading strategies and maintain order workflow.
Features
Dynamic Quoting Engine
- Fast quote construction and submission;
- Proprietary quoting algorithms, optimized for speed, to react to market conditions;
- Comprehensive set of safety features to protect against market risks;
- Non-scripting logic technology for traders to quickly react to market conditions rather than be limited by scripts.
Electronic Trade Sheets
- Highly configurable allowing for pricing, click trades, and strategy setup;
- Full customization of colors, fonts, and cell contents;
- View market data and place orders;
- Manage volatility and set up different skew types - fixed or floating;
- Support for tablets on the exchange trading floor.
Electronic Eye (Target Finder)
- Displays, sorts, and filters trading opportunities;
- Allows traders to click trade or auto respond to opportunities;
- Create strategy missions based on triggers the traders set to hit targets and auto respond to opportunities.
Options Pricing and Modeling
- Several options pricing models available to price European and American options;
- Several skewing methods available to adjust and calculate volatility;
- Graphical representation and manipulation for skews and prices.
Integrated Risk Management Tool
- Centralized server-based risk management solutions;
- Display the risk associated with trades and positions across a span of underlying prices;
- View by product or setup a portfolio;
- Filter risk by trader(s) or account(s);
- Create “What if” scenarios.
Respond to Exchange Requests
- View Request for Quotes (RFQs) sent out by market participants on the exchange;
- View Auctions and Price Improvements (PIPs) initiated by market participants;
- Manual or auto respond to RFQs and Auctions.
Direct Exchange Connectivity
- Direct exchange connectivity to over 15 exchanges;
- Servers co-located next to exchange matching engines;
- Support of order routing to additional exchanges through clearing firms' systems.