Chi-Tech offers exchanges and alternative marketplaces the highest performing, comprehensive trading technology platform commercially available today, featuring advanced functionality and low deployment risk.

We are confident that our solution provides the industry’s best value in terms of deployment cost and total lifecycle cost of ownership. Our commitment to remaining the industry’s leading provider of advanced exchange technology, and our historic track record, will provide you with a strategic partner who will be able to work with you to achieve your strategic vision.

The Chi-Tech platform offers a number of specific advantages, including:

• Single, comprehensive solution – Our solution provides a comprehensive, single solution for trading functionality, smart order routing and matching engine functionality, supporting multiple assets classes and multiple market models.
• State-of-the-art, scalable technology – The solution uses proprietary trading technology designed for superior performance and scalability. It is designed for high message throughput, low latency and scalability to easily accommodate increases in volumes.
• Cost-effective underlying technology platform – Our solution runs on a Linux platform and leverages easily available hardware components to provide a low-cost operations environment.
• Efficient, low-risk implementation – We employ proven, project definition and implementation methods and process to ensure an effective implementation in the fastest possible timeframe.
• Highly reliable architecture – The system and its components are designed to operate at a mission-critical level of resilience and redundancy. It incorporates a failover process that provides for seamless takeover by the backup system in the event of a primary system failure, as well as the ability to interchange individual components in the event of an individual hardware failure.
• Competitively-priced solution – Our technology design, project methodology, the use of Java and the low-cost Linux operating environments allow us to offer a highly cost-effective business proposal for license, implementation and maintenance.

Core Capabilities Overview

• Performance: The platform can provide capacity for 115,000 messages per second, with an internal roundtrip latency of 550 microseconds and an external proximity hosted latency of <1.4 milliseconds.
• Trading platform: A scalable, low latency, high throughput matching engine that allows advanced order execution with high speed and reliability.
• Trading methods: Support of all common trading methods, including continuous matching, call auctions, crossing, dark pools, etc.
• Asset classes: The Chi-Tech solution currently allows trading in cash equities, fixed income, warrants, ETFs and ETCs, in multiple markets globally. Because of its flexible design, it can also be easily adapted to trade foreign exchange, futures and options, in addition to other asset classes.
• Validation: The trading system contains pre- and post- trading dynamic validation rules and controls.
• Client connectivity: The solution provides a high performance FIX engine that allows for standardized inbound connectivity from multiple sources.
• Outbound market data: The solution provides low latency, high throughput market data dissemination for events on the order book.
• Derived data: The solution provides advanced tools to facilitate the creation of high value derived data. Such derived data includes indices designed to generate revenue, facilitate the creation of brand equity and eliminate temporal arbitrage.
• Inbound market data: The solution supports low latency, standardized market data delivery from multiple trading venues allowing quote consolidation and the facilitation of onward order routing.
• Smart order routing: The solution provides smart order routing technology to allow algorithmic trading of securities in multiple destinations.
• Exchange connectivity: The solution can provide a global order routing network, allowing network and application level connectivity to multiple exchanges, MTFs/ATSs and brokers to facilitate DMA (Direct Market Access).
• Content management: Chi-Tech provides full content control and management to support direct distribution as well as vendor distribution, using existing protocols and a family of industry standards, plus ultra-optimized protocols for algorithmic trading.
• Colocation management: Chi-Tech includes full support for managing away content, trading connections and corporate actions to make a colocation venue algorithmic trading ready and competitive.

With all client projects and deployments, we provide complete program management and implementation services, using industry-standard project management methodologies and tools.