News

Technology News

Celoxica Launches Pre-Trade Risk Surveillance

Tuesday, November 29, 2011 5:02:00 AM PDT | VentureDeal Staff
   New York, New York  --  Financial services technology company Celoxica has announced the launch of its solution for pre-trade risk surveillance.

Called AIR, the system is a hardware-accelerated in-line risk management solution that adds minimal latency for full compliance with the SEC's Market Access Rule 15c3-5.

The rule, which is commonly referred to as the "Naked Access" band, requires US brokers to exert free-trade risk management and credit checks on all client orders.

The company says that its solution ensures lowest possible latency on pre-trade risk checks via the use of embedded co-processor in the client's application server.

Email Page  Email Page | Print Page Print Page

Loading

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.