3.5 microseconds pre trade risk processing was measured LIVE by independent panelists and witnessed by 100 delegates in NY. UL IRIS+, ULLINK’s Ultra Low Latency Pre-Trade Risk solution performance measured on the wire by TSA latency monitoring product for a thirty minute steady fix order flow on Wednesday May 25th, 2011 at a ULLINK hosted panel discussion and live demonstration breakfast event.
The demonstration showed rejections based on exceeded limits and TSA latency monitoring on the basis of 8 pre-trade filter checks. As a low-footprint appliance, UL IRIS+ has been designed to fit in a variety of architecture models while allowing users to have a centralized view of their pre-trade risk controls across markets, protocols, clients and asset classes. Limits and filters can also be changed in real-time.
UL IRIS+ is the solution to the SEC 15c3-5 market access rule.
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