TraderServe: MiFID II algo testing

HomeBlogsTraderServe: MiFID II algo testing

TraderServe AlgoGuard simplifies algo testing for MiFID II compliance

With MiFID II due to come into effect in January, capital markets participants who trade in the EU need to start preparing for compliance with the new rules. A key requirement is the non-live testing of algos to ensure they won’t cause or contribute to market disorder.

AlgoGuard from TraderServe, a Colt PrizmNet provider, is the only technology that currently meets the MiFID II requirements for non-live algo testing in a realistic market structure. Based on TraderServe’s unique order book emulation, antagonistic algorithm and stress test technologies, AlgoGuard is designed to give you confidence that your algos will behave stably in live trading — with no need to disclose your algo IP. AlgoGuard provides pass/fail testing and audit-trailed evidence of algorithm stability that will enable you to satisfy the regulators and trading venues of your certification process.

To best meet the MiFID II requirement for clearly delineated development and testing, a test environment that’s separate from your development environment, like AlgoGuard, should be used at an independent location to which you have secure connectivity. Colt’s financial extranet provides the worldwide capital markets ecosystem with both the hosting infrastructure for AlgoGuard, and secure, high-speed access to it.

Preparing for MiFID II compliance places complex demands on capital markets participants. AlgoGuard helps by simplifying non-live algo testing and certification, and enabling firms to make sure they’re compliant well ahead of the deadline. Colt PrizmNet makes it even simpler, by providing firms with direct access to AlgoGuard, avoiding time-consuming, expensive infrastructure builds.

Make Do

16 February 2016

Recent posts

Digital Infrastructure Insights: Elevating the customer experience

Digital Infrastructure Insights Elevating the customer experience Welcome Welcome to part one of our new customer experience (CX) content series. In this series we will delve into the critical role of digital infrastructure (DI) in delivering exceptional customer experiences and giving companies that competitive edge.   As businesses increasingly prioritise CX as a key differentiator, finding...
Continue Reading
Colt announces strategic expansion to US infrastructure

Colt announces strategic expansion to US infrastructure

NJFX data centre and new subsea Cable Landing Station expand Colt’s transatlantic capabilities and offer businesses greater choice and flexibility  London, UK 30 May 2023– Colt Technology Services (Colt), the digital infrastructure company, today announced the expansion of its US capabilities with the connection of a new data centre and subsea Cable Landing Station (CLS),...
Continue Reading

Colt announces new partnership with Venari Security to help businesses protect against growing cyber risks

The collaboration will give Colt’s customers deeper visibility into encrypted network traffic helping them protect their organisations and drive compliance London, May 24th 2023 – Colt Technology Services, the digital infrastructure company, today announces a collaboration with Venari Security, a London-based cyber security company. The partnership will give organisations deeper visibility into their encrypted network traffic, improving...
Continue Reading