Firm trading Chicago Mercantile Exchange products using Independent Software Vendor (ISV) platform.
Client needed a way to get their orders to CME faster than the ISV solution allowed. Order Send latency was of utmost importance, and had to be reduced as much as possible.
Edge Financial Technologies created a direct exchange “gateway” in C++ to address this need. This solution was highly optimized, and eliminated all the “hops” that ISV software limited its users to.
Edge architects further refined the solution to use a custom FIX engine. This solution reduced the order send latency within the server from 2-3 milliseconds on the ISV platform to less than 200 microseconds.