The Exchange Trading System (QuickTrade) is a Windows based trading system for capital markets. Its modest hardware requirements, easy implementation and standard FIX 4.4 interface make it an ideal choice for many emerging and mid-szie markets.
QuickTrade supports trading with the following types of instruments:
● Fixed income instruments
● Money market instruments
● Exchange traded funds
A market can be divided into several sub-markets, which can be accessed in concurrent or separate sessions. The following market models are implemented:
● Continuous order driven trading
● Negotiated deals
● One-to-one auction
● One-to-many auction
QuickTrade is built with Microsoft® technology. It is proven, affordable and easy to support, making it a low-risk system. The system is designed to provide high performance on a relative low-cost, PC-based hardware. QuickTrade is distributed through a client-server application.
Order processing speed is 250 orders per second on standard Intel based hardware. Special version for higher transaction volumes is avaialble.
QuickTrade includes implementation of FIX 4.4 standard. The list of implemented messages is extensive and allows comfortable data exchange:
● Order entry, maintenance and removal
● Market data
● Inquiries on orders and cancellations
● Execution reporting
In order to simplify the connection to the system, we provide our own royalty free FIX library with the source code.
QuickTrade is currently installed in 8 countries on 4 continents.