As algorithmic trading becomes the dominant form of electronic trading, the need to capture, analyze, and replay trade data within a low-latency framework becomes more urgent than ever. In order to remain competitive, market players need a sophisticated framework for real-time trade data that illuminates price information. As the primary source of price and execution information and benchmarks, the Skyler C3 Tick Analytics Solution is readily equipped to provide customers with the key information they need for successful algorithmic trading.

The Skyler C3 Tick Analytics Solution allows you to:

• Capture real-time intra-day trade data
• Run per-venue and cross-venue trade data analytics on real-time and time series data
• Subscribe to aggregations by volume and price*volume
• Conduct subscription and request-response queries
• Conduct “window” based subscriptions
• Configure window length at run time
• Automatically reorder trade data according to exchange timestamp
• Automatically manage corrections
• Use embedded Level I feed handlers for the SIAC CTS/CQS and NASDAQ UQDF/UTDF feeds
• Add quote and NBBO caching if desired

As a result of the valuable features offered by the Skyler C3 Tick Analytics Solution, customers are able to perform fast and embedded analysis on cached and streaming trade data. The data window further allows clients an aggregated view of trade data, which enables them to perform rapid and comprehensive actions on the data and their aggregations. These aggregations include the window based, corrected VWAP calculation as well as per venue execution quality measurements which are particularly relevant for smart order routing systems and MiFID compliance. In addition, with our easy to use and very comprehensive interface, there is minimal overhead involved with set-up and deployment of the solution.

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