Hydra X

PC Hyper X

Combining exchange innovation with capital markets experience.

HydraX provides a matching engine and full-featured exchange solution with the performance and resiliency expected of an institutional-grade exchange. The ability to customize and develop new features gives you the control that means HydraX can grow and scale with you.

Available as a secure and regulatory compliant managed service, on prem or on the cloud, or as an accelerator to kick-start your own solution, HydraX is built to be highly-available and supportable.

Trading features are fully customisable to give an edge and out-innovate the competition.

Adaptive has a track record of delivering mission critical technical solutions for capital markets. Our HydraX matching engine is developed to withstand all market conditions, critical in volatile times.

Fault-tolerant cluster for stateful event-driven applications

Very high throughput and very low latency

Replication to secondary site for disaster recovery

Request a demo

> 100K

Transactions per second

HydraX copes with high volumes and volatile market conditions.

24/7

Market operation

Control the marketplace intraday by adding products, changing configuration.

API

To control your data

Management and Event APIs allow seamless configuration and integration.

< 40

Microsecond response time

To receive an order, process it and respond to the client.

8

Platforms delivered in 2019

The infrastructure of HydraX continues to bring platforms rapidly to market.

3

Minutes Cloud deployment

Production grade and highly secure in the Cloud.

Key features

Matching Engine

  • All-to-all matching with open (continuous), closed & auction modes.
  • Post-only orders.
  • Limit, stop limit and OCO orders with various time in force support (IOC, FOK, GTD, GTS, GFD, GTC).
  • Block (off-exchange) trades.

Risk and Trade Management

  • Fully funded risk model for spot and futures.
  • Leveraged trading.
  • Dynamic price band limits.
  • Static minimum and maximum price banding.
  • Fat finger limits.
  • Intraday and EoD risk reporting.

FIX Order Management

  • Full session and order management capability.
  • Order routing on behalf of (OBO).

Market Operation Administration

  • Market management and configuration via API and admin user interface.

Reporting

  • Drop copy with streaming subscription capability.
  • Audit trails of internal and external user actions.
  • History service provides a system of record and transaction ledger.

Trading User Interface & API

  • Feature parity across UI and API to perform all order related functions.
  • Modern user interface with mobile friend responsive design.

Interfaces for integration

  • Clearing & Settlement.
  • Market Surveillance.
  • Funds Management.
  • Authentication.
  • Reference Data Management.
  • Events & Transactions.

Want to learn more?

We would love to discuss further and arrange a demonstration for you.

Let's talk

×

Contact us

By pressing "Send" I agree that I am happy to be contacted by Adaptive Financial Consulting. I can unsubscribe at any time. You can read more about our privacy policy here.

Tell us whether you accept cookies

We use cookies to collect information about how you use Adaptive’s website. We use this information to make the website work as well as possible and improve our services.

×

I would like to read the full story

By completing the below form I confirm I am happy to be contacted by Adaptive Financial Consulting Ltd. I can unsubscribe at anytime.