Case Study: a Turkish capital markets firm achieves ultra-low-latency order execution with Devexperts' FIX gateway

Capital Markets Firm - Customer Case Study

The customer, a capital markets firm and well-established Turkish financial institution, required a low-latency FIX gateway solution to gain a competitive advantage by providing the fastest possible order execution on the Borsa Istanbul exchange. After previous solutions failed to meet their technical needs for speed and scalability, they sought a reliable vendor and selected Devexperts for its proven expertise in the region.

Devexperts implemented its proprietary FIX gateway to establish a direct, high-throughput connection to the exchange. The solution dramatically reduced latency, processing orders in as little as 42 microseconds, which fully satisfied the client's demands. This performance enabled the capital markets firm to attract more institutional clients and individual algo traders, while also providing a foundation for future development projects with Devexperts.