NetQoS Trade Monitor is a passive response time monitoring product that captures and analyzes FIX protocol financial transactions to help trade desk personnel proactively manage the performance of trading networks. Trade Monitor reduces exposure to market risk by providing real-time notification of latency, connection, and session-level metrics to speed troubleshooting and dissect trade executions. For decision support, Trade Monitor offers both summary reports and detailed analytics to identify the best and worst trade execution times, track all orders, and perform retrospective analysis to locate and reconstruct any order. For each FIX connection, Trade Monitor displays the pertinent message level details including the FIX order chain, time stamps, and latency statistics.
Trade Monitor works in conjunction with the modules of the NetQoS Performance Center to add additional performance capabilities such as Cisco IP SLA tests for hop-by-hop network analysis, Cisco NetFlow data analysis and reports for visibility into trade message volume and traffic composition, and overall monitoring of trading network infrastructure health.