Fixnetix Debuts Risk Management Suite

The new sponsored access service performs pre- and pos-trade checks required by the prime brokers with sub-millisecond latency. The new offering can check, for example, the number and the size of open positions, says Alasdair Moore, director of business development at Fixnetix. It can also ensure that the order sent to market is not more than a specified percentage away from the expected price, he says, adding that iX-Risk can also check real time profit and loss (P&L).

While latency is