Deutsche Bank announced its electronic trading unit will expand its low-latency direct market access trading platform to include all co-location facilities at the major U.S. stock exchanges.
The firm said the ultra FPGA platform conducts pre-trade compliance and risk management checks and minimizes order latency delays. Meanwhile the system runs from Deutsche Bank's cabinets at exchange data centers, enabling the firm to retain exclusive control of the device at all times.
"Our clients can now maximize access to U.S. equity markets with a predictable, high-speed pre-trade risk gateway system," said Jose Marques, Deutsche Bank's global head of electronic equity trading.
Deutsche Bank added that latency monitoring service Correlix RaceTeam measured ultra FPGA's pre-trade risk management gateway latency at 1.35 microseconds for messages sent to the Nasdaq, and 1.75 microseconds for Financial Information Exchange (FIX) messages. As the Senior Editor of Advanced Trading, Justin Grant plays a key role in steering the magazine's coverage of the latest issues affecting the buy-side trading community. Since joining Advanced Trading in 2010, Grant's news analysis has touched on everything from the latest ... View Full Bio