Impetus

Impetus is a complete hardware-based System-on-Chip solution, built using FPGA technology, targeting sub-microsecond execution of trading strategies. The control and monitoring of the strategy is done from host using APIs.

Key Components

Feed Handler

• Network related processing for communication with Exchange’s Market data gateway.
• Security based filtering consolidation.
• Message parsing.

Order Book

• Builds and maintains full order book.
• Maintains the security related Trade statistics.
• Customizable depth order book delivery.

Rule Controller

• Interface provided to the client for monitoring and controlling the functioning of FPGA execution at run time.

Rule Processor

• Maintains the information related to the trading strategy as provided by the Rule Controller Manages strategy’s real-time processing.
• Instructs the RMS for Order placement

Risk Management System [RMS]

• RMS ensures the risk compliance for the orders placed to the Exchange.

Order Handler

• TCP related processing for interactive communication with Exchange’s Order Gateway.
• Ensures throttling.
• Message processing & parsing operations.