Rithmic Data Technology


Rithmic Data Technology

Rithmic Data Technology provides the speed, reliability, and unfiltered tick data necessary to compete in the futures markets. Traders around the world are discovering why professional traders demand Rithmic for their trading solution.

The Data and Order Routing Engine is co-located with the exchanges and core Internet carriers at one of the premier data centers in Chicago. This provides the network capacity to provide the maximum bandwidth, speed and reliability needed by all types of traders and institutions. The engine was built to support as much data as the exchanges can distribute and route orders in less than 100 milliseconds. Over 18 major Internet carriers are used to ensure network availability when individual Internet carriers fail.

All hardware and network components were built with redundant backups configured to fail-over seamlessly in the event of hardware failure. Load balancing and scalability was a key design component resulting in a system that can accommodate 1,000’s of users without issue.

Unfiltered Tick Data

Many traders have experienced latency and delayed market updates but few were aware how little of the actual market movement they were seeing even when their platforms appeared to be “keeping up” with the market. Most systems are unable to keep up with volatile markets and compensate by dropping price data only sending the latest updates – sometimes referred to as “filtering.” This helps keep the prices current but doesn’t provide a true look at the markets.

Rithmic provides unfiltered price data. This can easily be seen during active market periods such as economic releases, but is also visible during slower conditions when automated systems are seen rapidly placing and canceling orders at particular price levels. The “fluttering” can often cause the actual quantity to become a blur as it updates in real-time.


Robust Managed Infrastructure

With no single point of failure, the Rithmic network operates on a fully redundant, professionally managed infrastructure monitored around-the-clock by the industry’s leading engineers. Co-located on the same floor as the major exchanges, the data center provides the ultimate routing and connectivity solution for the fastest and most reliable market data and order routing solution.

Easily scalable to accommodate massive amounts of traders, the hardware and software powering the engine are designed to take full advantage of all available resources on any server added to the farm. Utilization is constantly monitored and additional resources are easily added without service disruption.

Evolving Technology

Staying on the leading edge of speed and reliability means constant research and development of new network, hardware and software technologies and designs. Rithmic is constantly searching for and testing new solutions to provide a faster and more robust means of processing as well as transporting data.

Rithmic | API

R | API™ is a collection of C++ and .NET software libraries and interface definitions. Developers and screen designers incorporate R | API™ into their proprietary software to gain access to R | Trade Execution Platform. R | API™ provides its callers with a normalized view of market data, reference data, and of order and execution reports across all supported exchanges. Additionally, R | API™ exposes R | Trade Execution Platform’s time stamps which have µsecond granularity, enabling a proprietary algorithmic trading program incorporating R | API™ to make its own latency calculations on which it may take appropriate action.