Large Exchange position management system, and reporting system
The Tokyo Grain Exchange was facing a financial decline, and needed to merge its processing functions into the Tokyo Commodity Exchange (Tocom). The challenge was how all of the open positions (outstanding contracts) from the over 50 clearing members, could be converted by all of the members and transferred across to the Nasdaq OMX platform at Tocom, within the 90 minute gap in trading at the Tocom exchange.
Managing a Large HFT Client
Companies usually have well-built systems that has been used and can be used for a long time, but it is often a problem when a system isn’t scalable. This case shows how Touch-Fire handled scalability problems.
The Tokyo Grain Exchange was facing a financial decline, and needed to merge its processing functions into the Tokyo Commodity Exchange (Tocom). The challenge was how all of the open positions (outstanding contracts) from the over 50 clearing members, could be converted by all of the members and transferred across to the Nasdaq OMX platform at Tocom, within the 90 minute gap in trading at the Tocom exchange.
Companies usually have well-built systems that has been used and can be used for a long time, but it is often a problem when a system isn’t scalable. This case shows how Touch-Fire handled scalability problems.
In this case study, the problem starts with the broker needing a system to accept orders from the Bloomberg system, and route these into Tocom. This includes Iceberg orders.