Rithmic puts your trades first. Whether you are part of a prop shop or are a professional trader, Rithmic’s trade execution software delivers to you the low latency and high throughput performance formerly seen only by the very large trading houses and boutique hedge funds.
Build your own trading programs with R | API™ or R | API+™, or build them over FIX. Deploy them on your machines co-located* with our equipment.
Connect your trading programs to R | Trade Execution Platform™ our fully hosted multi-asset trade execution platform. Or reserve a deployment for your exclusive use in your data center or in ours. Rithmic operates and maintains all deployments of its software on your behalf.
The trading platform you use must be able to withstand large volumes of market data with the lowest possible latency. Having access to the right data quickly and consistently is a key to trading successfully! Rithmic provides traders access to an ultimate routing and connectivity solution for a fast and reliable market data and order routing solution.
Rithmic’s trade execution software delivers to you the low latency and high throughput performance used by large trading houses and boutique hedge funds. Rithmic uses high paced dedicated servers co-located on the CME exchange .
|Rithmic R Trader||Rithmic Pro|
|Platform Fee: FREE||Platform Fee: $20 per month|
|.50 per contract||.50 per contract|
|*Platform Fee Can Be Waived Based on Volume|
R Trader Pro includes a charting package with built-in studies, drawing tools, annotation tools, and configurable options for bar types, timeframes, and the amount of data to view on a single chart.
Your orders reside on Rithmic’s servers with 24/7 connectivity to the exchanges.
R Trader Pro has introduced streaming quotes and trade signal compatibility with Microsoft Excel. This allows traders to use simple Excel formulas and spreadsheets to manipulate data, create trading signals, or even real-time fully automated trading systems. View about 100 studies and stream them in real-time into Microsoft Office Excel spreadsheets. With the power of Excel, you may develop your own indicators and, using Rithmic’s two way real-time interface, you may configure trades to be sent back into R | Trade Execution Platform™ through R | Trader Pro™, automatically or with the click of a button.
Options on Futures are available through the R Trader platform, and can be viewed and traded through the Options Board within R Trader. This allows trades not only the opportunity to look at the standard Futures markets but the Options on Futures markets as well.
Order history can be viewed, searched, and analyzed within R Trader directly from the Rithmic infrastructure.
R Trader publishes all order transmission timestamps so that traders can see at what speeds they are interfacing with the exchanges.
Market depth, price action, and simple order entry are all available through the Order Book. Bracket order templates, OCO orders, and other exit and entry strategies are also configurable via the Order Book window.
Rithmic Data Technology provides the speed, reliability, and unfiltered tick data necessary to compete in the futures markets. Traders around the world are discovering why professional traders demand Rithmic for their trading solution.
The Data and Order Routing Engine is co-located with the exchanges and core Internet carriers at one of the premier data centers in Chicago. This provides the network capacity to provide the maximum bandwidth, speed and reliability needed by all types of traders and institutions. The engine was built to support as much data as the exchanges can distribute and route orders in less than 100 milliseconds. Over 18 major Internet carriers are used to ensure network availability when individual Internet carriers fail.
All hardware and network components were built with redundant backups configured to fail-over seamlessly in the event of hardware failure. Load balancing and scalability was a key design component resulting in a system that can accommodate 1,000’s of users without issue.
Many traders have experienced latency and delayed market updates but few were aware how little of the actual market movement they were seeing even when their platforms appeared to be “keeping up” with the market. Most systems are unable to keep up with volatile markets and compensate by dropping price data only sending the latest updates – sometimes referred to as “filtering.” This helps keep the prices current but doesn’t provide a true look at the markets.
Rithmic provides unfiltered price data. This can easily be seen during active market periods such as economic releases, but is also visible during slower conditions when automated systems are seen rapidly placing and canceling orders at particular price levels. The “fluttering” can often cause the actual quantity to become a blur as it updates in real-time.
With no single point of failure, the Rithmic network operates on a fully redundant, professionally managed infrastructure monitored around-the-clock by the industry’s leading engineers. Co-located on the same floor as the major exchanges, the data center provides the ultimate routing and connectivity solution for the fastest and most reliable market data and order routing solution.
Easily scalable to accommodate massive amounts of traders, the hardware and software powering the engine are designed to take full advantage of all available resources on any server added to the farm. Utilization is constantly monitored and additional resources are easily added without service disruption.
Staying on the leading edge of speed and reliability means constant research and development of new network, hardware and software technologies and designs. Rithmic is constantly searching for and testing new solutions to provide a faster and more robust means of processing as well as transporting data.
R | API™ is a collection of C++ and .NET software libraries and interface definitions. Developers and screen designers incorporate R | API™ into their proprietary software to gain access to R | Trade Execution Platform. R | API™ provides its callers with a normalized view of market data, reference data, and of order and execution reports across all supported exchanges. Additionally, R | API™ exposes R | Trade Execution Platform’s time stamps which have µsecond granularity, enabling a proprietary algorithmic trading program incorporating R | API™ to make its own latency calculations on which it may take appropriate action.