Tradeweb Retail's technology is based on a highly connected, high performance, and secure architecture.
Connectivity
Tradeweb Retail clients can connect in a number of different ways. Distributor clients (purchasers of securities) and contributor clients (sellers of securities) can log in through the https://www.tradewebretail.com/ website, which is regularly updated and enhanced using the latest C# .NET 3.5 technology. Distributor reps and traders use the website to search for offerings, create offer sheets and ladders, and submit orders and RFQ. Contributor traders use the website to monitor and maintain their offerings and respond to orders and RFQ.
Alternatively, distributor and contributor clients can use industry-standard FIX interfaces to provide and access Tradeweb Retail's liquidity. Distributor clients can subscribe to real-time offerings and submit orders and RFQ through FIX. Contributor clients can publish real-time offerings and respond to orders and RFQ through FIX.
Since every client can choose its own method of connectivity, Tradeweb Retail brings counterparties together in a variety of ways: GUI to GUI, FIX to FIX, FIX to GUI, and GUI to FIX.
Although web browsers and FIX are the preferred methods of connectivity, Tradeweb Retail also provides alternatives such as FTP and web services. In addition, Tradeweb Retail has connected to clients' proprietary APIs.
High Throughput, Low Latency, High Availability
Tradeweb Retail's high performance architecture is built on Tradeweb's proprietary pricing engines that have been fine tuned for over a decade. Throughout the day these pricing engines process an average of over 1,000 price ticks per second with a large amount of spare capacity to better ensure that our clients' experience is not interrupted during busy markets. End-to-end latency is very low and many trades are auto-executed sub second. We regularly add servers to our scalable architecture to stay ahead of ongoing growth in the marketplace.
Every layer of Tradeweb Retail's multi-tiered architecture is designed to be highly available and fault tolerant, as it leverages clustered databases, message persistence, and redundant servers. Tradeweb Retail maintains an off-site disaster recovery (DR) datacenter and conducts regular DR exercises.
Security
Tradeweb Retail's web site uses 128 bit SSL encryption. Clients using Tradeweb Retail's front end can access the web site using industry-standard SAML authentication.
