Real-Time Market Monitoring for Fast-Paced Electronic Markets

The Importance of Network Monitoring and Analytics

Trading companies rely on electronic systems to process a high volume of financial transactions, and therefore it's crucial for them to ensure that these systems are performing efficiently and securely. Network monitoring and analytics can provide trading companies with a detailed understanding of their network's performance, security, and compliance status, enabling them to proactively identify and resolve any issues that may impact the reliability and security of their electronic trading systems.

Some of the reasons why trading companies should do network monitoring and analytics include:

• Performance optimization: Network monitoring and analytics can help trading companies identify bottlenecks, latency, and other performance issues that may affect the speed and accuracy of their trading systems. By addressing these issues, they can optimize their network's performance, improve the speed and accuracy of their trading systems, and reduce the risk of financial losses.

• Security: Network monitoring and analytics can help trading companies detect and respond to security threats such as intrusion attempts, malware, and unauthorized access. 

• Compliance: Many regulatory bodies require trading companies to maintain detailed records of their electronic trading systems' performance and security status. Network monitoring and analytics can provide trading companies with the data they need to demonstrate compliance with these regulations and avoid costly penalties

• Cost savings: By identifying and resolving network issues proactively, trading companies can reduce the need for expensive troubleshooting and repairs, ultimately saving them time and money.

Packet2Disk, the most advanced capture and analytics tool available on the market today and Keysight, the market leader in network monitoring and visibility have partnered to offer financial market companies a comprehensive solution for decoding, storing, analyzing, and reporting financial market and trading message data.

This partnership guarantees full network visibility  and zero-loss advanced packet processing.

Financial institutions use Packets2Disk software and Keysight visibility products to monitor their electronic trading networks.

Packets2Disk Analytics provides control and visibility across networks, market data, and trading systems. Raw packets are captured using Keysight optical taps and packet brokers and fed into Packet2Disk software for analysis. 

In this partnership, Keysight is bringing its advanced market data analytics solutions, Tradevision and Tradestack, which are supported on next-generation network packet brokers. With Tradevision / Tradestack ability to handle high throughput of up to 1000 Gbps and perform line rate analysis of market data, financial institutions can make faster and more informed trading decisions than ever before. For example, the combined solution can be used to filter out irrelevant market data, leaving only the most important and actionable information for analysis.

Example of how the combined solution is applied

In this network setup, Keysight's TradeVision / Tradestack packet brokers are positioned between network access points and Packet2Disk Analytics. They aggregate and direct traffic from various sources such as taps to the Packet2Disk Analytics. 

Trade Vision receives market data feeds, performs multi-gap detection which means that it quickly detects gaps in multicast data by alerting other tools and systems to market feed network problems and then applies dynamic filters.