ConvergEx Group, a leading technology company, today announced that LiquidPoint has launched BLAZEâ¢, a high-capacity, low-latency execution platform that is designed to address the increasingly complex realities of trading in todayâs listed options marketplace. The BLAZE software and architecture is paired with an enhanced and upgraded routing subsystem known as AORS v2 to offer the highest levels of ultra-low latency, high-capacity data processing and routing available today.
Due to the growing number of exchanges, products, underlyers, expirations, strikes and quotes, the amount of information that needs to be processed every millisecond has grown exponentially. These data demands required a fresh approach that is more efficient and flexible. BLAZE was designed utilizing a tightly integrated proprietary middleware, cutting edge data compression and intelligent dynamic message distribution, allowing LiquidPoint to offer the very best in speed to the markets and execution quality.
âBLAZE answers the needs of todayâs options trader with an intuitive, simplified design in a highly-advanced software platform. BLAZE uses enhanced functionality that takes advantage of software and hardware advances in order to bring our clients a unique experience above and beyond anything else currently available,â said Anthony Saliba, chief executive officer of ConvergExâs LiquidPoint. âWe have completely revamped our hardware, software and network architecture to increase speed, reduce latency and increase capacity, reliability and flexibility.â
âCommitting capital or making trading decisions based on stale or incomplete market information is not acceptable with the competition in todayâs trading arena. With the speed and velocity of todayâs market, traders can no longer afford unnecessary latency while waiting for orders to be entered or messages to be routed,â continued Saliba. âThe proprietary infrastructure and connection optimization in AORS v2 and BLAZE offers the solution by providing the speed and reliability our clients demand in today and tomorrowâs marketplace.â