New ADIT CME Gateway Software Transmits Trading Orders In Single Digit Microseconds

Edge Financial Technologies’ new ultra low latency gateway to CME Group revolutionizes the automated trading process by delivering buy and sell orders in single-digit microseconds.
By: Jitesh Thakkar
 
Aug. 8, 2011 - PRLog -- Chicago, IL  20-August 8, 2011 – Edge Financial Technologies, a developer of custom trading software solutions for professional traders, today announced the launch of ADIT CME Gateway. This exchange connectivity software package comes bundled with pre-approved pre-trade risk modules which can be deployed at several major FCMs.
“Latency plays more important of a role than ever in algorithmic trading. Lower latency can significantly increase profitability of certain already profitable algorithmic trading strategies.”  according to Jitesh Thakkar, CEO of Edge Financial Technologies. “ADIT CME was built from the ground up with low latency in mind, and we are especially proud of the software’s ability to transmit orders in single-digit microseconds. In addition to providing the low-latency gateway, we can also create/develop low latency strategies for our clients that take full advantage of ADIT CME’s execution speed,” Mr. Thakkar added.
ADIT CME gains it speed by leveraging the power of kernel bypass technology using Solarflare network cards. This process eliminates the time-wasting clock cycles used up by the computer’s operating system and sends the order directly from the software to the network. This innovative technology will enhance P&L for algorithmic trading strategies that are latency sensitive.  The software is particularly suited for black-box, algorithmic trading strategies.
The ADIT CME high frequency trading gateway also includes market data recording/playback controls, as well as an exchange simulator making it easier to create, back test and debug trading strategies easily.  An optional order management module is also available. In addition, Edge Financial Technologies also provides customization and consulting services enabling a trader to license custom versions of the gateway that suit their particular trading strategy.
Edge Financial Technologies is providing a free trial of ADIT CME, along with limited-time introductory pricing, to anyone who visits http://www.getadit.com/products/cme-group-gateway.html
About Edge Financial Technologies
Edge Financial Technologies is software product and consulting firm focused on implementing low latency algorithmic and automated trading systems.  The company has provide ultra low latency exchange connectivity software as well as completed customized project-based work for  trading firms, hedge funds, banks and exchanges.  They have successfully delivered dozens of algorithmic and automated trading projects for futures, equities, options and FX.

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Edge Financial Technologies is a software consulting firm focused on implementing low latency algorithmic and automated trading systems. Edge Financial Technologies has delivered algorithmic and automated trading projects for futures, equities, options.
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Source:Jitesh Thakkar
Email:***@edgefinite.com Email Verified
Zip:60606
Tags:Trading, Low Latency
Industry:Trading
Location:Chicago - Illinois - United States
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