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Ultra-Low Latency
with Off-the-Shelf Speed and Convenience

Xero VTE is an FPGA-based appliance that performs the latency-critical functions of volatility trading strategies in purpose-built hardware. The appliance connects to real-time market data feeds for underlying and derivatives markets, as well as the exchange order entry gateways. It is currently certified for use on the Chicago Mercantile Exchange (CME), with other markets available soon.

Unlike some platforms that only automate canceling operations, Xero VTE also provides a comprehensive suite of configurable algos for mass quoting and aggressing. Tick-to-trade latency performance is under 120 nanoseconds for canceling and under 250 nanoseconds for quoting and aggressing orders.

Standard user interfaces allow traders to select contracts to trade, select and configure algorithms, specify theoretical pricing parameters, enter risk controls, monitor and control platform actions and status, and retrieve comprehensive logs and drop copy. Xero VTE is designed to seamlessly integrate with internally-developed or vendor-supplied trading platform components such as contract databases, theoretical pricing engines, and trader front-end terminals.

As a premium product from a proven vendor, Xero VTE eliminates the high cost, long development time, and technical risk of building custom hardware in-house.  It represents a paradigm shift in the marketplace that allows firms to compete on the quality of their trading strategies, theoretical pricing models, and risk management acumen rather than their engineering spending.  Talk to us today to arrange your evaluation of Xero VTE.

Xero VTE Video and Slide Deck

Use Cases

  1. Options Market Making

    Always be at the front of the queue at the best price.  Capture more spread with less risk.

  2. Order Aggressing
    and Liquidity Taking

    Identify and capture profitable trading opportunities more often. Dynamically control the conditions and risk controls that define your trading strategy.

  3. Order Protections
    in Volatile Markets

    Avoid pick offs. Automatically cancel mass quotes and orders quickly when the markets move against you.

Execute trades in less than a microsecond.

Xero VTE product page diagram

Download Product Information

Key Features

See how Xero VTE compares.

  1. Consistent tick-to-trade latencies in nanoseconds

  2. Comprehensive suite of algorithms for market making and taking

  3. Configurable mass quoting, aggressing, and canceling algorithms

  4. White-glove delivery and integration from experienced field engineers

  5. Subscription includes product updates to accommodate Exchange Directed Changes

  6. 24/7 access to experts on the Exegy service desk

  7. Hardware warranty

Getting Started

Our team tailors a solution to your firm’s needs.

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  1. Consultation

    An Exegy representative contacts you to discuss your needs and challenges.

  2. Requirements

    We help you determine the feeds and data delivery method you require, to begin formulating a solution plan.

  3. Vendor Planning

    Our experts work with industry-leading partners to find the right vendors for your system.

  4. Solution Review

    We present you with a comprehensive solution to best suit your needs.

  5. Rollout Timeline & Contract

    Our team crafts and sets up your custom solution, handing it over to your very own customer team provided by Exegy that will manage it for you.

More About Exegy

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