Metro Store Front
Thank you for visiting the Metro Store Front. The following apps further extend the Metro platform, allowing users to customize their trading experience with additional execution, analytics, and pricing functionality.
Advanced Order App
The Advanced Order App allows futures and options traders to place complex orders that cannot be done using just exchange-supported logic. Users can place limit or market orders as well as place contingent stop loss orders at a user-determined number of ticks behind the executed price of that order.
Auto-Hedger
The “Auto-Hedger” job is a delta-sensitive automated hedging tool that supports real-time, dual-decision passive (ie, “work 1 tick better”) and aggressive (ie, “lift”) modes of execution across a wide variety of configurations.
BBO Trading App
With the introduction of the NASDAQ Futures exchange, there are now 3 different commodity exchanges that list energy products. These are CME, ICE and now Nasdaq Futures (NFX). The BBO Order Router facilitates trading between these 3 commodity exchanges by allowing the trader to trade, with 1 order, across all 3 different exchanges (or 2 if that’s what they’ve configured).
Auto RFQ
The “Auto-RFQ” job allows the user to configure rules to automatically respond to strategy RFQs in precise, predetermined ways.
Depth Finder
Using market data and order info the widget can provide a real-time estimate of the queue position of one’s orders and can help anyone manually working orders in a FIFO market.
Dynamic Skew App
Robust market data handling and modeling logic allow the algo to perform well during all market conditions, and with much less latency risk than in a manual curve update process. The DSA exposes fleeting vol trading opportunities that previously could not be realized.
Eurex SRQS Responder
The Eurex SRQS Responder helps users of Metro who are market makers to respond to selective RFQs and confirm deals from within Metro without having to use Eurex Trader.
Profiteer Engine
The “Axonetric LLC: Profiteer Engine” is a sophisticated and feature-rich job that allows users to automatically seek out and execute on edge-based opportunities, based upon different configurable strategies.
Realized Futures Volatility Calculator
Users can use this app to see a calculation of Realized Volatility for any configured future. This app was built based on an increasing demand by traders to use realized volatility information as a component of their decision-making process while trading.
Spread Matrix
Exegy’s Spread Matrix provides the user with a single window view of futures spread market data as well as execution capabilities. The widget will display any number of futures months and the corresponding spread values between each in a single screen.
Underlying Offset Controller 2
Like the Initial Underlying Offset Controller, the Underlying Offset Controller 2 allows the user to increase Metro’s functionality with regard to offsets.
Volatility Fitting App
The Volatility Fitting App allows for automated management of volatility curves across various products and instrument months.
Volatility Levels
(With New Optional Market Data Recording)
The VolLevels algo is a critical analysis tool for options traders using Exegy’s Metro trading platform. The algo condenses important volatility trading information in various grids: “Changes By Delta,” “Changes By Strike,” “Changes By Sigma,” “Current Vols,” “Relative Value By Delta,” “Relative Value By Sigma,” “Skew & Kurtosis,” “Butterflies,” and “Trade Performance.” The reported information is critical to avoiding poor trades that might otherwise appear superficially attractive, and consistently identifying profitable trades with quantitative confirmation from multiple perspectives.
Related Resources
Exegy Enhances Iceberg Order Detection Tool with Intraday Data
St. Louis, New York – Feb 29th, 2024 – Exegy, a leading provider of market data and trading technology for the capital markets, today announces the addition of intraday signals…
Building Success, Buying Excellence
4 factors to consider when upgrading trading infrastructure When it comes to building out and upgrading trading infrastructure, firms must decide whether they’re looking for a custom-built, in-house solution or…
Yesterday’s Infrastructure is Today’s Financial Loss
3 Ways Market Data as a Service can Protect Your Business With baseline market volatility increasing, traditional market data infrastructure systems are being pushed to their limits. Exegy’s combination of…