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LumeFX™ trading platform creation for LUCERA
Infrastructures, a privately held, New York based firm launched
with initial backing from Cantor Fitzgerald in 2013, offers
on-demand, purpose-built infrastructure, delivering high
performance computing (HPC) and low-latency software-defined
networking (SDN). Today, Lucera runs on 17,000 miles of the
fastest, divergent, transcontinental fiber and is collocated in
Equinix data-centers in New York, London and Chicago.
Having developed one of the fastest trading network
infrastructures, Lucera was looking for robust
exchange-connectivity software with minimal latency. They had also
created a Smart Order Routing platform, which needed to be powered
by a FIX engine. After reviewing numerous products on the market,
they chose EPAM to provide a FIX server addressing the following
- To aggregate market data from dozen of sources to make an
intelligent decision based on the customer-defined strategy on
where to route FX orders.
- To process hundreds of thousands of events in the shortest
possible time, i.e., reacting to events by generating
replies/sending orders in under five microseconds.
- To monitor and configure clients and exchange
Lucera licensed EPAM's FIX server, FIXEDGE™ and integrated it
with its sophisticated Smart Order Routing platform to create
LumeFX™, a state-of-the-art trading platform. It features EPAM's
FIXAntenna™C++, a high performance library that enables developers
to build the low latency systems.
LumeFX is designed to enable users to manage and configure their
business rules themselves via an intuitive, web-based interface.
EPAM implemented monitoring and configuration tools to alert
personnel in the case of connectivity or processing problems, and
streamline the client-onboarding process.
Working closely with Lucera's development team in New York, the
EPAM team offered support during implementation of the Lucera
platform, advising on the optimal implementation path. The platform
was delivered on several OS platforms, Linux and Open Solaris.
Technologies and Tools
- LumeFX™, FIXAntenna®, FIXEdge®
LumeFX is helping banks, broker/dealers, trading firms and hedge
funds to unlock new revenue sources without the capital-intensive
requirement to own or operate any infrastructure
- The LumeFX platform has been recognized by customers, switching
to Lucera as "the most reliable powerful platform"
- As of now Lucera deployed this solution in both US and UK