Vela announced this Thursday that it has integrated its Metro trading platform, with two of its other services – SuperFeed and DMA Platform, in order to provide its customers with expanded market data coverage and risk management capabilities.
Vela is an independent provider of . In particular, it makes multi-asset electronic trading solutions. The company’s Metro trading platform is a server-based system that supports automated, algorithmic, and click trading strategies.
The platform aims to provide a foundation for buy- and sell-side trading requirements. As part of this, Metro is a solution for options pricing, execution, and risk management. Furthermore, the platform allows investors to trade all major US and European options markets, with Indian markets having recently been added.
Post-integration capabilities of Vela’s Metro
Vela’s SuperFeed, on the other hand, provides real-time normalized market data. Following the integration, the solution now powers the latency-critical aspects of Metro. This includes the theoretical pricing center and execution.
“With access to 150+ equities, futures and options data sets including all major Americas and EMEA venues and with a growing number of Asia-Pacific markets, the wider coverage provides Metro clients with the potential for a range of new trading opportunities by applying Vela’s options volatility management and risk analysis tools,” the statement said.
Lastly, provides normalized order entry, pre-trade risk, drop copy, and full risk management. This solution has enhanced the Metro platform by allowing clients to trade on more futures exchanges.
Source: LinkedIn
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