What we do

  • Infrastructure

  • Custom HFT Infrastructure
  • Trading Fintech Software
  • Trade Processing Engines
  • Execution Management Systems
  • Personalized Trading

  • HNI Trading Tools
  • Broker OMS Solutions
  • Multi-Asset Trading Platforms
  • Strategy Development

    Analytics & Risk

  • Quant Research & Analytics
  • Derivatives Risk Monitoring
  • Market Data Analytics
  • Real-time Trading Insights
  • Clients

  • HFT Firms
  • Trading Prop Desks
  • Hedge Funds
  • Brokers & Institutions

Solutions

  • Algorithmic Trading

  • Low-Latency Execution Systems
  • Automated Trading Strategies
  • Backtesting & Optimization
  • Smart Order Routing
  • Infrastructure & Connectivity

  • Co-location & Ultra-low Latency Networks
  • High-Performance Data Feeds
  • FIX Protocol Integration
  • Cloud-Based Trading Solutions

    Risk & Compliance

  • Real-Time Risk Management
  • Regulatory Compliance Tools
  • Portfolio & Margin Monitoring
  • Market Surveillance Systems
  • Clients & Services

  • CME and other intl Consultancy
  • Hedge Funds & Prop Desks
  • Institutional Traders
  • Brokerage Firms
  • Investment Banks

What We Offer

  • Algorithmic Trading

  • Low-Latency Execution Systems
  • Automated Trading Strategies
  • Backtesting & Optimization
  • Smart Order Routing
  • Infrastructure & Connectivity

  • Co-location & Ultra-low Latency Networks
  • High-Performance Data Feeds
  • FIX Protocol Integration
  • Cloud-Based Trading Solutions

    Risk & Compliance

  • Real-Time Risk Management
  • Regulatory Compliance Tools
  • Portfolio & Margin Monitoring
  • Market Surveillance Systems
  • Clients & Services

  • Hedge Funds & Prop Desks
  • Institutional Traders
  • Brokerage Firms
  • Investment Banks

Insights

  • Market Trends

  • Emerging opportunities in algorithmic trading
  • Regulatory shifts impacting institutional trading
  • Growth of AI and machine learning in financial markets
  • Liquidity dynamics and execution efficiency
  • Technology & Innovation

  • Advancements in ultra-low-latency infrastructure
  • Cloud adoption in high-frequency trading
  • Impact of quantum computing on finance
  • Evolution of decentralized finance (DeFi) solutions

    Risk & Strategy

  • Managing risk in volatile market conditions
  • AI-driven portfolio optimization techniques
  • Regulatory compliance in algorithmic execution
  • Best practices for trade surveillance and monitoring
  • Industry Insights

  • Institutional adoption of AI-driven strategies
  • The future of trading desks in the digital era
  • Key trends shaping hedge funds and prop trading
  • Challenges and solutions in trade execution

Market

  • Equities & Derivatives

  • Trends in global stock markets
  • Index options and volatility strategies
  • Institutional flow and market impact
  • Role of liquidity providers in derivatives
  • Fixed Income & Forex

  • Yield curve dynamics and bond market trends
  • Impact of central bank policies on FX
  • Algo-driven currency trading strategies
  • Macro trends influencing debt markets

    Commodities & Crypto

  • Hedge fund strategies in commodity markets
  • Growth of algorithmic trading in crypto
  • Regulatory changes shaping digital assets
  • Volatility patterns in energy and metals
  • Institutional & Retail Trends

  • Shifts in retail vs. institutional market share
  • Rise of alternative asset classes
  • Impact of AI on portfolio management
  • Future of execution models and trade automation

Global Market Trends

Analyze macroeconomic factors, liquidity shifts, and trading behaviors shaping global markets.

Institutional Market Insights

Discover institutional strategies, risk dynamics, and execution techniques driving market efficiency.

TRADE SMARTER WITH RATEL FINTECH

DATA-DRIVEN MARKET INSIGHTS

Leverage in-depth research on equities, derivatives, fixed income, and digital assets for informed trading.

Education

  • Trading Fundamentals

  • Understanding market structure
  • Basics of equities, options & futures
  • Order types & execution strategies
  • Market participants & liquidity providers
  • Technical & Quantitative Analysis

  • Price action & candlestick patterns
  • Momentum indicators & trend analysis
  • Quantitative models for trading
  • Algorithmic trading strategies

    Risk Management & Psychology

  • Position sizing & capital allocation
  • Volatility management techniques
  • Trading psychology & behavioral finance
  • Building a resilient trading mindset
  • Advanced Market Concepts

  • Options Greeks & volatility skew
  • Market microstructure & HFT strategies
  • Institutional trading techniques
  • Impact of AI & machine learning in trading

Master Trading Strategies

Learn risk-managed trading techniques from industry experts and quantitative analysts.

Algorithmic & Quant Trading

Understand algo-trading, backtesting, and data-driven strategies to enhance market performance.

LEARN & EVOLVE WITH RATEL FINTECH

EXPERT-LED TRADING EDUCATION

Gain insights into market strategies, risk management, and the latest trends in algorithmic trading.

OptionX Trading Illustration

FEBRUARY 16, 2025

How to build Advanced OMS Solution like OptionX for Brokers

This article explores the development of a professional OMS solution like OptionX, highlighting key challenges, best practices, and essential features. Discover how cutting-edge technology enhances trade execution, optimizes workflows, and ensures reliability for brokers. Stay ahead with expert insights and innovation in trading infrastructure!

Author

Arjun Rawat

Co-developer Lead

Contents

This article provides a step-by-step guide on how to build a professional stock trading platform. It is particularly useful for entrepreneurs and financial institutions looking to develop a robust trading infrastructure like OptionX. Trading platforms have gained significant traction in recent years due to their efficiency, real-time execution, and accessibility. With the rise of mobile and algorithmic trading, it has become easier for traders and investors to execute trades seamlessly. Additionally, modern trading platforms offer intuitive user interfaces, catering to both professional traders and institutions. The increasing demand for advanced order management systems (OMS) and risk management tools has further fueled the need for high-performance trading solutions that allow firms to streamline their operations and optimize execution strategies.

An Overview of OptionX

OptionX, founded in 2023 and headquartered in Menlo Park, California, is a cutting-edge Order Management System (OMS) designed to provide brokers and trading firms with seamless execution and advanced trading capabilities. By August 2024, OptionX had gained immense traction among brokers as a state-of-the-art OMS solution, offering unparalleled speed, precision, and automation.

Key Features of OptionX

OptionX continues to drive innovation in trading infrastructure, providing brokers with a next-generation OMS built for speed, reliability, and scalability.

How Does OptionX Work?

OptionX is an advanced Order Management System (OMS) designed to empower brokers, hedge funds, and proprietary trading firms with seamless order execution, risk management, and compliance monitoring. It serves as the backbone of trading infrastructure, enabling high-frequency trading, smart order routing, and real-time trade monitoring.

Key Functionalities of OptionX

Who Can Use OptionX?

OptionX is tailored for professional trading firms and brokers that require institutional-grade technology to manage large trade volumes and execute strategies with precision. It is ideal for:

How to Get Started?

Integrating OptionX into a trading ecosystem is seamless, whether via direct API connection or a complete platform deployment. Here’s how brokers and institutions can onboard OptionX:

  1. Request a Demo – Understand the full suite of features and capabilities.
  2. Integration & Setup – Connect via FIX API, REST API, or direct exchange integrations.
  3. Customization & Configuration – Tailor the system to specific trading needs and compliance requirements.
  4. Go Live – Begin trading with real-time execution, order routing, and risk controls in place.

OptionX redefines how brokers and trading firms manage trade execution, offering unparalleled speed, efficiency, and reliability in today’s fast-paced markets.

Key Features of OptionX

OptionX is a state-of-the-art Order Management System (OMS) designed for brokers and professional trading firms. It offers a powerful suite of features that enable seamless trade execution, risk management, and automation. Built for speed and precision, OptionX ensures high-performance trading with an intuitive yet sophisticated interface.

Killing Features:

OptionX is built for traders who require cutting-edge technology, ensuring seamless trade execution, risk control, and market access in a high-speed trading environment.

How Does OptionX Generate Revenue?

As a state-of-the-art Order Management System (OMS), OptionX provides brokers and financial institutions with robust trading infrastructure. Unlike traditional retail trading apps, OptionX is designed for institutional clients, and its revenue model is structured around high-performance, enterprise-grade services.

Revenue Streams of OptionX

Understanding different monetization strategies helps brokers and trading firms make informed decisions when selecting an OMS. OptionX offers a flexible pricing model that scales with business growth, ensuring cost-effective access to high-performance trading infrastructure.

How to Develop an OMS Like OptionX in 5 Steps

Developing a professional-grade Order Management System (OMS) requires a structured approach. Below, we outline the essential steps involved in building a robust OMS for brokers and trading firms.

Step #1: Research

The research phase is a crucial part of the development process for an OMS like OptionX. During this stage, the development team gathers insights to define system requirements, architecture, and regulatory compliance while ensuring seamless order execution and risk management.

At the end of the research process, you should have these questions answered:

Step #2: Choose the Right Deployment Model

When building an Order Management System (OMS) like OptionX, selecting the right deployment model is critical to ensuring performance, scalability, and accessibility. Here are the main options to consider:

Some firms may also choose a web-based OMS accessible via a browser, ensuring cross-platform compatibility. However, for high-frequency trading and real-time execution, a native on-premise or cloud-based OMS is preferred.

Step #3: Choose the Right OMS Software Vendor

Selecting a reliable Order Management System (OMS) software vendor is crucial to the success of your trading infrastructure. A well-experienced vendor ensures high performance, regulatory compliance, and seamless integration with brokerage operations.

Key Factors in Choosing an OMS Vendor:

OMS Development Team Composition:

The composition of an OMS development team depends on the project's complexity and trading firm requirements. Key roles typically include:

The right software vendor and development team will help you build a cutting-edge OMS that meets your brokerage's specific needs and scales with market demands.

Step #4: Ensure Regulatory Compliance

Regulatory compliance is a critical component of developing an Order Management System (OMS) for brokers and trading firms. Ensuring adherence to financial regulations protects market integrity, prevents fraud, and enhances trust among traders and institutions.

Key Regulatory Bodies for OMS Compliance:

Depending on your region of operation, your OMS must comply with the regulations set by financial authorities. Some key regulators include:

Compliance Measures for OMS Development:

A fully compliant OMS enhances operational efficiency and mitigates legal risks, ensuring seamless trading execution while meeting global regulatory standards.

Step #5: Testing & Quality Assurance

Rigorous testing is crucial for ensuring the reliability, speed, and security of an Order Management System (OMS). Given the high-frequency nature of trading, even minor glitches can result in significant financial losses. This stage involves extensive testing to validate system performance, compliance, and user experience.

Key Testing Phases for OMS Development:

A well-tested OMS minimizes risks, enhances execution precision, and ensures seamless trading operations, making it a cornerstone of any high-performance brokerage infrastructure.

Protecting User Personal Information

In the world of financial trading, user data protection is not just an option—it's a necessity. Order Management Systems (OMS) handle vast amounts of sensitive financial data, including trade details, user credentials, and fund transfers. A single security breach can lead to severe financial losses, reputational damage, and regulatory penalties. Ensuring the security of an OMS is crucial for compliance, trust, and smooth trading operations.

Key Security Measures for OMS Platforms

By implementing these security measures, an OMS ensures that brokerage firms, institutional traders, and investors operate in a safe and compliant environment while protecting their sensitive financial data from cyber threats.

How Much Does It Cost to Develop an OptionX-like App?

The cost of developing a trading app like OptionX depends on various factors, including app complexity, development team rates, project duration, and platform choices. Below is an estimated breakdown of development costs based on location.

Development Cost by Location

Location of Engineers iOS Development (per hour) Android Development (per hour)
The USA $70 $60
Poland $50 $40
Argentina $25 $20
India $15 $10

Estimated Tech Stack for Developing OptionX

Component Technology Stack
Frontend React, Vue (Vuex, Nuxt), Next.js, Angular, TypeScript
Backend Java, Python, Node.js (Nest, Express); MySQL or MongoDB (for data management)
Third-party Integrations Stripe or PayPal (payment processing), Bloomberg, Ultumus, or Thomson Reuters (market data feeds), Auth0 or Okta (identity and authentication)

Total Estimated Cost

Given that it takes approximately 2,200 hours to design, develop, and test the app for one platform, the total development cost may range between $50,000 to $150,000, depending on the location of your development team.

How Ratel Fintech Can Assist in HFT Software Development

Ratel Fintech offers comprehensive high-frequency trading (HFT) software development services, helping businesses build robust and efficient trading systems. Below are some key ways in which Ratel Fintech can support your HFT software development needs:

Expertise

Ratel Fintech's team consists of experienced developers with deep expertise in HFT software development. With a strong background in financial technology, we specialize in building complex trading systems for financial institutions and proprietary trading firms.

Customization

We develop tailored HFT software solutions that align with your business requirements. Our team collaborates closely with clients to understand their trading strategies and infrastructure needs, ensuring a solution that enhances performance and efficiency.

Innovation

At Ratel Fintech, we continuously explore emerging technologies and cutting-edge techniques to optimize trading performance. Our focus is on improving execution speed, minimizing risks, and enhancing security to keep your trading systems competitive.

Regulatory Compliance

We understand the complexities of financial regulations and ensure that all HFT solutions meet industry compliance standards. Our team incorporates best practices for risk management, cybersecurity, and regulatory adherence.

Ongoing Support

Ratel Fintech provides continuous support for HFT software, including system maintenance, performance upgrades, and troubleshooting. Our goal is to ensure long-term stability and efficiency for your trading operations.

Wrapping Up

In conclusion, building an app like OptionX requires careful planning and consideration of various factors, including the target audience, business model, and key features. Conducting thorough market research and competitor analysis is crucial to understanding user needs and the competitive landscape of trading platforms.

Additionally, a deep understanding of the technical aspects of app development, security protocols, and regulatory compliance is essential. By following a structured development process and collaborating with experienced professionals, it is possible to successfully build and launch an advanced trading app like OptionX that meets market demands and offers a seamless user experience.

FAQ

✅ What is OptionX?

OptionX is a next-generation options trading platform that provides real-time market insights, AI-driven strategy suggestions, and a seamless trading experience for beginners and experienced traders alike.

✅ How does OptionX help traders make better decisions?

OptionX leverages AI-powered analytics to suggest trading strategies based on current market conditions. It provides real-time option Greeks, volatility analysis, and risk-reward insights to help traders make informed decisions.

✅ Does OptionX support paper trading?

Yes, OptionX offers a paper trading feature that allows users to simulate trades with virtual money. This helps traders practice their strategies without financial risk.

✅ What markets and instruments can I trade on OptionX?

OptionX primarily focuses on index options trading but also supports stock options. The platform provides data for NSE options and is designed to cater to the Indian derivatives market.

✅ Is OptionX compliant with SEBI regulations?

Yes, OptionX adheres to SEBI guidelines for options trading platforms. It follows strict compliance measures, including KYC verification, risk management protocols, and data security policies.

Request A Free
Consultation

Talk to our experts in capital markets and trading technology, building custom HFT infrastructure, trading software, trade processing and execution engines, personalized trading tools for HNIs, OMS solutions for brokers, quant research and analytics, derivatives and risk monitoring tools, MFT infrastructure and strategy development. Our clients include HFT firms, propietary trading desks, hedge funds, brokers, and financial institutions.

NAME

PHONE

ORGANITSATION

EMAIL

DESCRIPTION