Clearpool offers world class performance combined with innovative methods to unlock liquidity. Take your platform to the next level of performance with Clearpool's unique hybrid venue offering and provide an exceptional venue for all participants.
Designed from the ground up by industry experts from the worlds top exchanges to address the key problems facing the markets today.
Designed from the ground up to exploit highly parallel, multi-core commodity hardware, Clearpool offers an impressive performance to cost ratio ensuring the best value.
Clearpool's maximally flat, highly parallel software stack allows natural scaling across cores and servers, making exploitation of growing markets straight-forward.
Our unique hybrid venue structure allows unparalleled access to liquidity.
Unmatched throughput, ultra-low latency and scalability allow it to drive the world’s top markets.
Fair access and pricing for all market participants ensures quality and depth of liquidity.
Easy access universal format brings new and emerging markets to the rest of the world.
Lean deployments and hosting options make it ideal for exchange upgrades seeking to improve performance while lowering TCO.
The turnkey ecosystem makes it ideal for new markets looking to enter the global stage.
Clearpool adopts a unique use-everywhere session protocol and format allowing ease of scaling in any direction. Used in our direct TCP and UDP protocol as well as our Websocket protocol there is only a single API needed to fully utilise the performance of the system.
Clearpool's binary format — used internally for all message passing, and available to clients who demand the best performance — has been carefully developed to be as lean as possible. Further it has been designed to allow packetisation from the ground up to support bandwidth shaping enabling massive message volumes.
We provide access to our system to all clients through:
Clearpool offers best-in-class performance. Designed from the ground up by industry experts Clearpool offers:
Clearpool's technology is built on solid foundations by the best in the industry. Not only are our core personnel experienced experts at delivering exchange platforms many are also recognised experts in the development community.
One thing that sets Clearpool apart from the competition is their unique Algorithmic Architecture approach to development. Algorithmic Architecture has been developed and pioneered out of PhD research to tackle the hard problems of creating high perfomance systems.
The vertical compression capable within the software stack also improves performance while enabling lean and fast deployments
Clearpool's flat stack and ability to run on commodity hardware make deployments straight-forward and extremely cost effective.
Clearpool's Stack in a Rack deployment allows a full exchange to be housed in a single rack. This minimises the deployment latencies inherent in legacy systems which have latency built in. Further it ensures that the deployments can scale horizontally with no impact on latency.
Leveraging Clearpool's sophisticated build and deployment processes Clearpool navigates the dependency hell often faced with hardware and operating system upgrades allowing upgrades to happen quickly and seamlessly. Ensuring that as advances are made with hardware deployments can capitalise on them without needing extensive re-writes.
Clearpool have developed a robust and scalable web interaction platform capable of providing secure real-time access to order entry and market data synchronised across devices. Built on industry standard security
Furthermore this platform provides the necessary open APIs to allow third-parties to develop native applications on any target device. Adopting Clearpool opens the door for limitless connectivity.
Providing full refresh and per-instrument subscriptions the platform facilitates scalable real-time delivery of market data. Careful subscription management and caching ensures a responsive interface.
In addition to providing the APIs required for third-party vendors Clearpool's own HTML 5 Universal Web Client provides a good starting point for responsive web clients for all devices. This is also used internally for all web management portals for running, maintaining and diagnosing the system.
Clearpool offers a unique hybrid venue structure that allows seamless interation between fully lit liquidity, indicative liquidity and dark liquidity.
This hybrid venue structure is unique in the industry and directly addresses problems faced both by key asset classes and key market participants.
Clearpool's matching technology makes use of a carefully selected set of order types to ensure a well-balanced market microstructure. Included in that list are:
Clearpool is designed to assume the most restrictive availability constraints allowing them to be relaxed should the deployment allow. Expertise developed over several years in the deployment of multiple exchanges has helped us develop a robust and performant approach to high availability and fault tolerance. Tried and tested in the most demanding environments Clearpool's architecture can withstand failure scenarios while maintaining performance.
Building on industry validated persistence technology Clearpool is designed to have a full history of all messages passing through the system with all events traceable from entry to exit.
In addition Clearpool has deterministic behaviour for all order entry allowing the state of the system to be re-created at any time. Should market events cause trading anomilies these can be retrospectively re-created and investigated.
With years of hands-on experience delivering the worlds top Equities Exchanges. Exchanges like the NYSE (US), NASDAQ (US), SGX (Singapore) and SIX (Swiss). Exchanges with the highest volumes and greatest performance constraints. We are ideally equipped to deliver what the market needs. We were also impacted by the May 6 2010 Flash Crash and acted as an expert witness to the SEC and are therefore acutely aware of the impact regulations can have.
During our time working to deliver world beating venues we realised two things. Trading today is largely broken — but more importantly — we have the skills and knowledge to fix it.
For several years now we've been working on putting together the technology and business models required to take today's markets into the next phase of growth. Our vision is to create a new model for trading that is fair for all participants.
The Clearpool team includes both acclaimed business professionals and world-class engineers. Involved in international standardisation efforts both in the financial services space as well as the technology community Clearpool ensures it is at the bleeding edge of tomorrow, today. Individually well respected in the financial and technology sectors Clearpool is able to attract the very best talent from around the world. Pioneers in distributed agile and lean development methodologies Clearpool's team knows not just how to deliver, but how to deliver to the highest standards building on community developed top-class tooling.
If you have an enquiry and would like to learn more about how Clearpool can work for you please send an email and we will start a conversation.
We maintain a presence in London, Sydney, New York and Belfast.