Pippodrome

1.30 The Pippodrome Stakes

Class 1. Eleven runners over one pip. Going: good to firm.

1. 1

   Thoroughbred Engine

   A trading server built from scratch, not descended from one written in 2005: hedged positions, margin calls and Stop Outs, swaps and commissions, every trade decided in one place, in order, and every balance adding up to the last fraction of a cent.

   Form 1111

   Odds 4/6 fav

2. 2

   Photo Finish

   Routing rules decide every request and every pending order, by instrument and by account or group: fill at the market, fill at the price the client saw, or pass it to your liquidity provider over FIX and book its fill. Nobody hovers over a Confirm button.

   Form 1211

   Odds 5/2

3. 3

   Pacemaker

   Prices from several feeds at once, ranked so that a backup takes over the moment the favourite goes quiet, with bad ticks filtered out and your spreads marked up per feed and per group.

   Form 2111

   Odds 3/1

4. 4

   Stable Manager

   A management workstation in the browser for clients, accounts, groups, symbols, routing, exposure, payments and the journal, laid out like the screens your dealing desk already knows by heart, and each manager sees only what their rights allow.

   Form 2111

   Odds 7/2

5. 5

   Fast Furlong

   A web terminal your traders will recognise at a glance: Market Watch, charts, one-click trading, pending orders and history on a desktop, and a layout of its own on a phone. Nothing to install.

   Form 1121

   Odds 4/1

6. 6

   Saddlebag

   A client portal where clients sign up, upload their verification documents, open accounts, deposit, withdraw, and move money between their wallet and their accounts. They do their own paperwork, and your back office approves it.

   Form 3211

   Odds 5/1

7. 7

   Each Way

   Introducing brokers earn on their own clients’ trades and on their partners’ clients’ too, three levels deep, by commission schemes you set per instrument and group, accrued on every close and paid out in one go.

   Form 1231

   Odds 6/1

8. 8

   Long Memory

   An elephant’s memory in a horse’s body. Every decision is kept with the client’s price, yours, and the rule that made it, and no history is ever overwritten, so a dispute is settled from the record rather than from recollection.

   Form 1111

   Odds 8/1

9. 9

   Open Gate

   A documented API that only ever grows, so an integration you build this season still runs the next. Accounts, trades and symbols are kept current in a PostgreSQL or MySQL database of your own, for your reports and your CRM.

   Form 1112

   Odds 10/1

10. 10

    Change of Stable

    Moving from another platform? We import your symbols and groups from it with all their settings, so your trading conditions carry over unchanged.

    Form 4321

    Odds 12/1

11. 11

    Head Lad

    We run the platform for you: backed up off-site every minute, watched around the clock, and upgraded without touching your data.

    Form 2211

    Odds 16/1

Non-runners

• Manual Dealing Withdrawn. The rules decide every request, so nobody has to.
• Desktop Installer Withdrawn. The workstation, the terminal and the portal all open in a browser.
• Maximum Field Size Scratched. There is no limit on the number of symbols, account groups or security groups.
• Thirty-Two Bit Retired to stud after a long career of bumping into memory limits.