XELE-TRADE for Securities

Functional Introduction:

1. Supports a wide range of services, including stocks, funds, convertible bonds, options, etc.
2. Available in Broker version and QFII version, respectively supporting Xele-API and FIX protocol access.
3. Covers major centralized trading counters, including Hundsun, Kingdom (Win & Unix), Kingstar and CROOT.
4. Flexible fund allocation between the system and centralized trading transactions, with dynamic allocation capability between Shanghai and Shenzhen trading counters.
5. Commission rates and user trading permissions can be synchronized from centralized trading or manually configured locally.
6. Supports step-by-step data in/out, allowing manual data reconciliation and support for re-execution.
7. The system accommodates single-user multiple-terminal access requests.
8. Supports multiple-gateway access, and user orders can be polled between gateways.
9. Supports pre-trading parked orders.
10. Based on a dual-machine hot standby mechanism and aligned with exchange data, no performance difference after switchovers.
11. Well developed features of user login and operation logging.
12. Provides a visual operations and maintenance management interface as well as user ordering tools.

Performance Indicators:

1. The Xele-Trade system is built on FPGA hardware technology to deliver an ultra-fast trading channel. It supports hundreds of pre-trade risk control checks while still achieving microsecond-level penetration performance.
2. The parallel processing capability of FPGA ensures the stability of system penetration latency data during peak periods when processing large volume of concurrency order requests.
3. Maintains consistent high-level of penetration performance even when many users are submitting orders concurrently.
4. Active/Standby switching RTO is < 10 seconds, RPO = 0.
5. The lowest link latency is 1.89ms.

XELE-TRADE for Futures

Functional Introduction:

1. Centralized management: B/S architecture management control platform for centralized management of multiple data centers and trading counters.
2. System monitoring: Real-time monitoring of hardware resources, software services, and order placement/ cancellation, ensuring service availability.
3. Multi-terminal login: Supports login on multiple client terminals which can be divided into trading accounts and query accounts (up to five nodes login).
4. Risk control rules: Pre-trade and post-trade risk control, including support for declaration fee risk control rules, ensuring a comprehensive risk control system.
5. Front-end optimization: Allow clients to specify front-end orders, or use front-end optimization algorithms built in the trading counters to automatically allocate faster order channels.
6. Market Making Counter Mode: Building upon the functionality of the futures trading system, it supports features such as bid-ask quoting, one-click order cancellation, and return filtering.

Performance Indicators:

1. Shanghai Futures Exchange (SHFE): Place orders with an interval of 500ns, 8 seats, median latency of 1.5μs.
2. China Financial Futures Exchange(CFFEX): Place orders with an interval of 500ns, 8 seats, median latency of 1.6μs.
3. Guangzhou Futures Exchange (GFEX): Place orders with an interval of 1μs, 8 seats, median latency of 2.7μs.
4. Dalian Commodity Exchange(DCE): Place orders with an interval of 1μs, 6 seats, median latency of 2.2μs.
5. UDP order placement/cancellation: Utilizes UDP protocol for efficient order placement and cancellation, minimizing link transmission latency of order requests.
6. TCP feedback: Utilizes TCP protocol for reliable receipt of feedback, leveraging its connection-oriented and retransmission mechanisms.