DealHub has solved the problem encountered by banks seeking a single, unified layer of proven technology across their entire eCommerce distribution platform. The DealHub Connectivity Manager price distribution solution has been designed to distribute high performance FX rates to clients via the bank’s own Single-Dealer Platform (SDP), white label offerings, directly integrated API clients as well as multi-bank ECNs.
DealHub’s Connectivity Manager price distribution solution provides a strategic tool for low latency response to price requests for FX spot, Forward, Swaps and NDFs to client facing eCommerce platforms including Reuters RET-AD, Bloomberg, Currenex, First Derivatives, FX Inside, FXall, Accelor, 360T and FIX API, via high speed DealHub Automated Trading interfaces.
DealHub’s Single Dealer Platform Gateway forms a common interface to the Bank’s Single-Dealer Platform and direct client trading API over the Bank’s messaging middleware of choice. It acts as the Bank’s own ECN calling the DealHub Connectivity Manager for pricing, maintaining stream assignments, handling session management & user entitlements and calls other systems to process blotter requests, pass orders and book deals as required.
Business Benefits
- Single backbone for price distribution to single and multi-bank client facing platforms
- Low latency high throughput events processing
- Integrates to multiple in-house or vendor price engines, credit and market data systems
- Fully integrated to market leading CEP engines for price construction and auto-hedging
- Cache of up-to-date pricing taken from pricing engine dramatically reduces response times
- Pre-subscribed list of spot & forward rates optimizes price delivery
- Forward price construction based on bank’s own pricing methodology
- Pooled Credit Checking across all ECNs
- Single framework provides integration to multiple ECNs; plug and play for new trading venues
- Real-time overview of open interest being quoted = total risk
Typical Price Distribution Topology:
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