SURM is an ultra-low latency pre-trade risk control system developed by Shengli's team based on FPGA technology. The system is deployed at the network link level, and customers are directly connected to the exchange, achieve kill switch risk control. It not only prevents traders and brokers from being warned or punished by regulatory agencies due to abnormal transactions, but at the same time can achieve ultra-low latency performance.
Technical Highligt
1.High performance: The average latency of FPGA core basic risk control is less than 500 nanoseconds, extremely low latency and low jitter.
2.High throughput: The system load capacity exceeds 1 million messages per second.
3.High stability: Basic risk control inspections are completely performed on hardware, nearly 20 types of abnormal transaction compliance inspections, and nanosecond performance jitter.
4.Easy deployment: plug-and-play, non-invasive deployment, and does not affect the current business.
5.Support unified pre-trade risk control for multiple oms.
6.Hardware pre-trade risk control and software in-trading risk control modules can be configured as needed.
System Function
SURM adopts a modular architecture design; its combination hardware-level pre-trade risk control (including core risk control and external risk control) + software-level bypass risk control. These different modules can be split and combined as needed. Flexible combination and collocation can meet a variety of different demand scenarios. The system supports various businesses such as own account, asset management, and brokerage. The modular design can meet various needs of securities firms.
In addition to natively supporting more than 20 risk control indicators, SURM has fully adapted to 21 abnormal transaction risk control behaviors features and has opened APIs to support access to all third-party risk control systems.
Risk Monitoring Desk
•Dynamically monitor the order status, violations and trading latency of sessions and accounts
•Periodic latency monitoring based on sessions
•Real-time abnormal trading monitoring, including new orders and cancellations
•Supports customized monitoring and warning parameters, including server CPU, memory, FPGA board temperature, etc.
