Exegy
Exegy delivers high-performance market data, execution, and trading technology to the world’s most demanding capital markets firms. Our unified platform helps clients process, normalize, distribute, and act on real-time market data with deterministic performance as volumes, volatility, and complexity rise. Drawing on deep expertise in software, FPGA acceleration, and managed services, Exegy supports ultra low-latency strategies, automated execution workflows, and multi-asset market access — including the Metro derivatives trading platform and fully managed DMA capabilities. We partner with trading firms, brokerages, and global banks to deliver reliability, scalability, and operational simplicity across data, execution, and risk management.
Metro
The Metro Trading Platform from Exegy offers a complete solution for options pricing, execution, and risk management combined with API extensibility to support automated, algorithmic, and click trading strategies.
Solution Overview
OPTIONS PRICING
- Over a dozen different option theoretical models utilized by traders, brokers, market makers, and risk managers across all product classes
- Hundreds of different combinations of volatility curve setting techniques for both client preference and market fitting
- Interface for viewing and adjusting volatility skews and volatility paths
EXECUTION
- Quoting engine for electronic market making constantly evolving with latest technology and latency expectations
- Customizable and configurable target finder for market taking
- Views of and interaction with spread markets including automated responses to exchange auctions and RFQs
- Configurable edge and safety levels combining protection with desired functional performance
- Multitude of click trading techniques and custom order types
RISK MANAGEMENT
- Real-time calculation of option Greeks, Positions and P&L available in multiple configurable views and portfolios
- Highlights include volatility and time shocking, strike level reports, and the combination and normalization of related products in the energy, index, and interest rate options spaces
EXTENSIBILITY
- Integrates with client’s own systems via Vela’s Subway socket API
- Ability to customize all aspects of Metro and build your own fully-embedded applications within your environment using Vela’s low-latency algorithmic API, Freeway
- Applications built by partners available in our app store for clients wishing to tailor their trading experience to their specific style
- Excel integration, exchange Drop Copy, and clearing position reconciliation also available