Assent has significant experience supporting traders who wish to utilize automated trading protocols. Several traders deploy their automated trading strategies via self - developed Excel linked formulas and algorithms that they have incorporated into their own applications, which then link in to the ANVIL API. (click to access this page).
We also support several extremely active automated trading groups who have developed full trading systems that are able to "write directly to our back - end infrastructure". Among other objectives, these systems seek to leverage Assent's lightning fast execution and reporting interfaces.
Please click here for an overview of a brochure describing our automated trading support program.Establishing a direct automated trading relationship with Assent typically represents a commitment on both sides. Please note that the decision to incorporate automated trading strategies doesn't relax or lessen the applicability of any industry rules or regulations, or Assent policies and procedures that would otherwise be in effect. Fully automated direct automated trading strategies often require hosting certain equipment in our data centers, which significantly reduces latency factors. Where required, we can arrange for direct access to certain raw market data feeds; however the providers of such raw market data feeds determine the prices for their feeds, and in certain cases, these expenses can be "not insignificant". Under certain circumstances, we also may set up trading servers and ports unique to traders’ automated trading strategies to segregate their trading activity from the rest of the Assent trading community.
We welcome the opportunity to discuss our extensive expertise in supporting those who wish to pursue establishing a fully automated direct trading application. If you're interested in speaking with us about our abilities to support automated trading relationships, including hosting your equipment, please click here to be routed to the Contact Us page. We look forward to speaking with you!
Extremely Low Latency + Super Powerful High Speed Communications Infrastructure + Total Anonymity in Trading + Clearing Support + Dedicated Hosting Service Offerings
1) Make your interests in opening such an account known to a Branch Office Manager.
2) Have the Branch Office Manager review with you the Special Trading Agreement for Automated Trading Strategies. Contact your Branch Office Manager for a copy of the form.
3) Consult with our development and support team representatives so that they familiarize themselves with your programs and support requirements, including requirements for incorporating market data into your access paths into our trading platform.
4) Coordinate testing for certification and Compliance and Legal benchmarks.
5) Execute Assent's Special Trading Agreement (see above) and all other required New Account opening agreements, and fund your account.
6) Ensure that the Branch Office Manager responsible for your trading has added your trader ID to the appropriate risk manager oversight application.
7) After receiving the requisite approval, commence trading.
8) All parties should assiduously monitor trading to ensure that trading programs are performing as expected and in full compliance with all rules, regulations, procedures and policies.
