Vela Trading Systems
Vela is a leading independent provider of trading and market access technology for global multi-asset electronic trading. Our software enables clients to successfully execute on their trading strategies and manage risk across multiple fragmented markets, liquidity pools, and data sources. We help firms successfully differentiate and innovate in an ever-changing, increasingly-regulated and fiercely-competitive landscape, while also reducing total cost of ownership. Vela’s ticker plant, execution gateways, trading platform, and risk and analytics software deliver a unique, ultra-low latency technology stack for electronic low-touch and Direct Market Access (DMA) execution and pricing. We leverage the latest innovations in technology to deliver cutting-edge performance, features and reliability. Our modular stack is accessed through a single set of trading, data and risk APIs and can be delivered as-a-Service from multiple co-location data centers globally. With access to more than 200 venues, Vela provides global coverage across all major asset classes. Clients are supported by an award-winning team of technical and business experts available 24x7 from our multiple offices in the US, Europe, and Asia. Vela’s clients include traders, market makers, brokers, banks, investment firms, exchanges, and other market participants. Visit us at www.tradevela.com. Follow us on Twitter @TradeVela.
Vendor Details
Primary Business
Independent Software Vender (ISV)
Regions Served
APAC
EMEA
North America
Languages Spoken
English
CME Group Trading Services Supported
iLink
Market Data
Products Supported
Futures
Options
Asset Classes Supported
Agriculture
Energy
Equities
Foreign Exchange
Fixed Income
Real Estate
Weather
Metals
Contract Maturities Supported
Dailies
Quarterlies
Serials
Weeklies
CME Group Functionality Supported
Convenience Gateway (CGW)
Market Segment Gateway (MSGW)
Request for Quote (RFQ)
User Defined Instruments (UDI)
CME Listed Spreads
Market by Order (MBO)
User Defined Spreads (UDS)
Market by Price (MBP)
Trade Summary Order Details
Implied Prices and Quantities
Risk Management Functionality Supported
CME Drop Copy (CME Globex)
Pre-Trade Risk Tools
Market Maker Functionality Supported
Mass Quotes
Quote Cancel All
Quote Cancel per Group
Quote Cancel per Instrument
Customer Segment Specialization
Banks
Asset Managers
Hedge Funds
Proprietary Trading Firms
24/7 Support?
24 7 (Included in service terms)
Branded/Trademarked Product Offerings
Direct Feed Handling, Consolidated Feed, Distribution of Market Data Feeds, European Best Bid Offer, Market Data Entitlements; SREX, MAG, Terminal Usage Optimization, Managed Services, Professional Services, OpenMAMA Developer Program
