Multi-source collection
Ingest order books, trades, reference prices, event state and relevant on-chain information while retaining source provenance.
Capabilities
A monitored, recoverable production system from market data to execution.
Our production path connects market data, pricing, order management, pre-trade controls and operations. Each component has explicit inputs, outputs and failure handling.
01 · Data
Build continuous, traceable market data.
The system receives order books, trades, reference prices and event state while retaining time, provenance and raw records. Research and production use the same data definitions.
Data quality
Check gaps, reordering, latency, duplicates and field changes; stop relying on affected signals when data is incomplete.
Replay and traceability
Retain timestamps, provenance and raw records for historical research, production investigation and event replay.
02 · Pricing
Use reproducible research to form price estimates.
Research starts with a defined question and comparison baseline, then incorporates multi-source signals, liquidity, fees, latency and risk into pricing decisions.
Research design
Record the data range, assumptions, parameters, comparison baseline and failure conditions so results can be reproduced.
Costs and liquidity
Separate quoted prices from internal estimates and account for fees, slippage, latency and executable size.
Production validation
Use out-of-sample tests, stress scenarios and production gates rather than relying on a single backtest metric.
03 · Execution
Manage the full order lifecycle according to venue rules.
The system adapts to venue-specific order types, tick sizes, fill states and connection behavior, then reconciles orders, fills and positions continuously.
Order path
Complete decisions, pre-trade checks, placement, acknowledgement and state updates within explicit time limits.
State recovery
Handle reordering, duplicates, rejects, partial fills, disconnects and reconnects, then reconcile against venue state.
Fills and reconciliation
Compare strategy intent, order results, fills and positions continuously so differences can be identified and resolved.
04 · Risk
Complete risk checks before sending an order.
Before placement, the system checks balances, positions, price deviation, order size and rate. Exceptional states trigger throttling, cancellation, degradation or a stop.
Pre-trade checks
Check positions, balances, order size, price deviation, rate and market state before placement.
Portfolio risk
Aggregate exposure across venues, markets and related events rather than judging risk from one order book.
Exception handling
Use price guards, throttles, degradation and cancel-all controls to define clear actions under stress.
05 · Operations
Maintain system stability through monitoring, records and review.
Production systems continuously monitor data, orders, exposure, latency and service health while recording versions, configuration and exception handling.
Production monitoring
Monitor data freshness, order state, fills, exposure, latency and system health, not only service availability.
Versioning and audit
Record strategy versions, configuration, decision inputs, risk checks and execution events for traceability.
Exception review
Use operating records to locate problems, verify repairs and return the system to service under control.
Partnership
Discuss market data, venue connectivity or systems engineering.
Please describe the business context, technical problem and outcome you want to verify.
Email us