Testing Dark Pool Trading Systems

Dark Pool Trading Systems are intended to trade stocks privately with the objective of liquidating large stock positions at lower costs. Mainly used by the institutional traders who trade in large volumes, more financial institutions are using Dark Pool Trading Systems to remain competitive.

Organizations adopting Dark Pool Trading Systems need to ensure rapid internal development of algorithms, since conditions that support algorithmic variables can change quickly and requirements can differ greatly from one financial market to the other and from one participant to the other.

This white paper looks at the importance of rigorously testing Dark Pool Trading Systems before implementing them in a live environment, as the risk of failure is catastrophic.

What our clients say

“The stability and reliability of our trading platform is paramount to our success. We rely on AppLabs to verify that new software we develop meets MarketAxess' strict acceptance criteria for quality. AppLabs has been our trusted partner as we have grown. They combine an excellent offshore delivery model with an active onsite management component to make sure our testing needs are met. Their CMMI Level 5 rating underscores the quality and strength of AppLabs management and staff.”

Chief Technology Officer, MarketAxess

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