Maximize trade opportunities with real-time infrastructure performance monitoring.
Financial institutions face intense pressure to execute precise, high-quality trades and meet demanding regulatory standards. xMetrics® cutting-edge flow monitoring software from Instrumentix runs within Keysight visibility solutions to provide traders, brokers, and exchanges with real-time insights to make the right decisions at every stage of the trade lifecycle.
xMetrics® extends investments in monitoring.
Investment banking and venue technologists designed xMetrics flow monitoring software to provide affordable global trading environment instrumentation.
Now fully supported by Keysight onboard the Vision 400 (V400) packet broker, xMetrics delivers comprehensive, real-time insight into every stage of the trade life cycle.
With a modular, scalable architecture, xMetrics ensures seamless integration into both new and existing monitoring infrastructures and legacy systems. Deployment flexibility maximizes the value of previous investments while leveraging modern, real-time trade flow instrumentation, visualization, and analytics.
Key features and benefits:
- Monitors all asset-class trading activities across most exchanges, venues, and asset classes
- Real-time data capture: Tracks, stores, and alerts on Ticks, Quotes and Orders for analysis
- Unparalleled scale streamlines deployment into complex environments
- Complete multi-hop visibility of every transaction independent of protocol changes
- Faster correlation and root cause analysis for rapid identification and summarization of issues
- Real-time alerts with summaries and per-transaction insights into potential issues
- Improved forensics – capture and replay traffic to analyze market or system issues after the fact
- Integration with preferred solutions such as ION Marketview, Horizon, and Fidessa
- Rich metadata to enrich monitoring and analysis
Innovating data and analytics.
How data, customer insight, and collaboration are reshaping monitoring in capital markets.
In this FinTech Focus TV episode recorded at Canary Wharf, Diana Stanescu (Director of Finance and Capital Markets) and Clive Posselt (Commercial Director) explore how leveraging data transforms into a competitive advantage. They discuss the pivotal role of customer feedback in shaping their joint solution and outline their pioneering end-to-end monitoring system for trading infrastructure. With a focus on AI, regulation, and customer experience, they provide insightful perspectives on the trends steering the future of financial technology in 2025.
Use cases.
- Market Data Monitoring minimizes latency and maximizes throughput to protect and analyze critical market data feeds. xMetrics detects one-way and multi-hop latency, gaps, and microbursts. Combined Keysight/xMetrics solutions provide 1ms traffic sampling, packet loss detection, real-time alerts and metadata for comprehensive visibility coverage.
- Application and Network Latency Monitoring: Unlike traditional network tools that only measure latency across flat networks of switches and routers, xMetrics measures true end-to-end trade path latency across complex, multi-hop environments. Intelligent visibility correlates messages across the network, infrastructure, and application tiers to show how each tier affects latency and end-to-end performance.
- Order/Algo Search enables users to investigate and understand the progression of orders across the trading infrastructure to find where things went wrong.
- Status Monitoring ensures both physical connectivity and application layer logins remain fully operational across network and application layer health monitoring.
- TCP Unicast Monitoring facilitates communication from the buy side to the sell side, from the sell side to execution venues, and within internal systems. Deep visibility into TCP/IP performance ensures smooth operations and helps uncover and address network issues before they degrade trading performance.
- Compliance: Vision NPBs running Keysight Timekeeper and xMetrics software provide accuratetimestamping on a continuous and historic basis. The xMetrics platform provides a fully independent and integrated solution for the capture of all application network and transaction data required for RTS and FINRA reporting, evaluation and storage.
Integrated solutions deliver unparalleled visibility and control.
Integrated solutions enable trading firms, exchanges, and internal IT, network, and compliance teams to achieve secure, scalable RTIMA. Keysight network visibility platforms feature optical taps, network packet brokers (NPBs) or “tap aggregators” that capture, filter and prepare traffic for analysis by monitoring software. xMetrics runs inside Keysight NPBs for seamless visibility and control with minimal latency and operations overhead.
Keysight TimeKeeper synchronizes xMetrics system clocks and gathers statistics shown here:
