Hengtai Securities Algorithmic Service Platform Independently Developed IT Ecosystem Transformation Project
Project Background
Algorithmic trading in China got off to a relatively late start, presenting enormous growth potential. Hengtai Securities has been actively building an algorithmic trading service platform, addressing industry-wide pain points such as high access barriers, steep investment costs, slow execution, large slippage, inconsistent user experience across multiple terminals, and a lack of operational systems.
Solutions
The project replaces Oracle with GBase 8s, providing a comprehensive solution for risk-free migration from third-party databases to GBase 8s. GBase 8s itself offers seamless support for a wide range of migration tools, further ensuring high success rates and improving migration efficiency.
Results
Deployed multiple clusters;
Solved connectivity challenges: able to normalize differences across market data sources and trading desks;
Eliminated integration hassles: the algorithmic platform provides unified access to trading algorithms;
Drastically reduced trading latency: enhanced database performance significantly lowers pre-trade risk control and trading latency.