BrokerTec Direct Market Access SDKs

BrokerTec is a leading electronic trading platform for the fixed income markets providing transparent, anonymous electronic fixed income trading for market participants trading US and European fixed income products, including US Treasuries, European Government Bonds and European Repo.

BrokerTec facilitates automated API (black box) trading via platform APIs including an OMnet based API for market data and order entry, and ITCH market data feed.

The OnixS directConnect: BrokerTec Direct Market Access SDK solutions include:

The OnixS directConnect: BrokerTec ITCH Market Data Handler C++ SDK library that provides an access to BrokerTec ITCH market data services. Key features include:

  • Easy-to-use API.
  • Multithreaded architecture.
  • Low latency, high throughput.
  • Flexible logging.

The OnixS directConnect: BrokerTec OMnet Market Data and Order Routing Handler SDK is a C++ library that provides access to the BrokerTec Exchange market data and trading functionality using the OMnet API. Key features include:

  • Book management, synchronization and recovery – more than just a market data decoder. Provides full book management with Order book depth – offloads the book management tasks to a specialized implementation.
  • Low latency, high through-put, multi-threaded architecture – designed for high-frequency and the fastest market data implementation.
  • Easy-to-use and flexible API – designed for rapid integration within trading strategy implementations.
  • Flexible logging – ability to analyze and diagnose issues and activity quickly.
  • Reference Implementations – included fast-start source code Basic and Advanced reference implementations with market data and trading client samples – designed for familiarization and to get up and running rapidly.
  • Trade Only Multiple Trading sessions round-robin – the BrokerTec trading session is synchronous. This means that the order insertion throughput is limited by the speed of order acknowledgement by the BrokerTec platform. Thus, this round-robin feature enables the OnixS Handler to support multiple API_T type trading sessions and the handler manages the most efficient throughout to route orders via available trading sessions.
  • Flexible per-security filtering.

As with all OnixS directConnect SDK solutions, the OnixS directConnect: BrokerTec Direct Market Access SDK solutions are:

  • pre-tested, certified and out of the box – thus saving time and money in integration and certification testing.
  • supported – service level guarantee that the implementation is production strength and will support future interface and platform enhancements.