CI Introduction
Koscom, releasing a new super-high speed trading system called 'K-FRONT'
Date : 2013-04-03 Views :5354
Koscom, releasing a new super-high speed trading system called ’K-FRONT’
2013. 4. 3
□ On 3rd of April, Koscom released a new solution that has been improved greatly and introduced at international conference hall located in KRX. Koscom held a briefing session by inviting more than 200 people who are dealers and traders working at financial investment sector and Financial IT business staffs as well.
□ K-FRONT, the Koscom-developed solution, is a trading solution products for professional use that enables traders from corporation businesses and product managements of the financial investment company to deal with high-speed market price and order processing.
□ The order processing performance of K-FRONT solution has been improved more than 100 times compared to the existing Unix environmental system. By realizing an independent algorithm trading platform, it secured a superiority for competitive speed and enabled a differentiated order strategies.
* Major Features of K-FRONT
○ Latency, the time required for processing from investor’s order through settlement, decreased.
○ Applied the very new Linux technology of High Throughput & Low-latency
○ Koscom realized a FIX, self-developed unit in microsecond, and an algorithm platform.
□ Moreover, by catching up with global capital market trend △Super-high speed FIX(International Standard Protocol)engine △DMA(Direct delivery to exchange) Function △Algorithm trading function replacing expensive solutions from abroad.
* FIX(Financial Information eXchange) : refers to an international standard protocol of an electronic finance for institutional investors’ sole-trading within world capital market.
* DMA(Direct Market Access) : means that the investors’ orders being delivered directly to exchange via access line of a client’s system.
□ It is expected to bring not only a revenue maximization but also a spread of speed-based algorithm trading within domestic capital market.
□ Koscom is planning to provide continuous consulting and technology supports to promote more profit generation of clients.