Ariel Components

Price Feed Gateway

Ariel has supplied price feed handlers and gateways to the market -leaders in online trading for many years. Price Feed Gateways can be integrated with Ariel iTrade or purchased as stand-alone components.

Our Price Feed Gateways consume thousands of prices on thousands of markets every second. We connect you to your chosen bank or third -party and convert their pricing data into a format that can be efficiently used by your chosen trading system.

For Ariel iTrade customers, our Price Feed Gateways are available off-the-shelf for Reuters, JP Morgan, Currenex, Morning Star, Deutsche Bank, Interactive Data, MS Excel and many more.

Price Engine

Ariel Price Engines are an industry standard and have always been at the heart of the Financial Spread Betting industry.

Our Price Engine is an integral part of the Ariel iTrade system. When bought as a separate component we offer full service integration with your chosen software: We understand that a Price Engine is the beating heart of any trading system.
Key Features:

  • Apply algorithms and calculations to generate proprietary business prices and derived prices
  • Auto-failover and feed priority rules
  • Out-of-hours price settings and time-based calc rules
  • Blend reference prices from multiple sources and contributors to create a stable consolidated instrument price
  • Low latency ‘push’ price distribution to your trading and risk interfaces or contribute to third party distribution and dissemination systems

Market Maker RMI

The Market Maker Remote Management Interface is a powerful application for real-time interaction with Ariel Price Engines and Price Feed Gateways.

Deployed as part of the iTrade Dealer Suite or as a stand-alone application, Market Maker allows direct interaction and monitoring of markets, incoming data feeds and price generation prior to processing and distribution through the Trade Engine.
Key Features:

  • Price feed switching by individual market or market group
  • Override price blend rules
  • Set or override status of market prices by group or by market – executable, indicative, suspended.
  • Manually price markets
  • Nudge or offset from feed to adjust distributed market price
  • Detect and correct pricing errors
  • Monitor status of incoming price feeds

Trade Import Gateway (STP)

Our Trade Import Gateways provide Straight-Through-Processing of externally executed trades allowing you to keep your business focussed on trading activity not trade administration.

We take any trades executed through third party systems or execution venues, convert the data and import the booking for your trading, risk management and reconciliation systems. Trade Import Gateways are available as part of an Ariel iTrade system or as a stand-alone component with bespoke integration for use with your chosen system.

Manual trade re-booking is time consuming and prone to error. Our Trade Import Gateways provide automated, real-time STP to a central trade management system allowing you to utilise multiple liquidity sources without costly and time-consuming administration and manual booking.