Case Study: LiquidityHub reduces broker quote latency to 2 ms with FioranoMQ

FioranoMQ reduces LiquidityHub's Latency on Broker Quotes to as Low as Two Milliseconds

LiquidityHub, a liquidity aggregator for the fixed income market, needed a fast, secure, and reliable way to support real-time broker quote updates across its electronic marketplace. The challenge was to build a high-performance platform with strong regulatory and compliance controls that could handle high message volumes and keep pricing consistent as market conditions changed. LiquidityHub chose Fiorano Software and its FioranoMQ messaging product to meet these requirements.

Fiorano Software implemented FioranoMQ as the communications backbone for LiquidityHub’s platform, and the system quickly met the target messaging rates during proof of concept. The result was a dramatic improvement in performance: latency fell from five to ten seconds to as low as 2 milliseconds, well below the original 100-millisecond target. LiquidityHub also reported a 50% cost reduction versus traditional trading platforms, no production problems with the implementation, and peak volumes of more than 7 million prices per day.

LiquidityHub

Tony Harrop

Chief Technology Officer