Live Trading Backend
Chronix live trading is not limited to what appears in clickGUI. Underneath the terminal, Chronix provides a full live trading backend for HFT and semi-HFT workflows, with or without the terminal on screen.
The backend is responsible for the critical trading path: market-data collection, normalized streams, order routing, account state, strategy runtime, risk validation, telemetry and operational control.
It is the governed runtime that allows a desk to run manual trading, strategy-driven execution, paper trading, replay and monitored production workflows on top of the same live infrastructure.
What The Live Backend Provides
Section titled “What The Live Backend Provides”The Chronix live trading backend includes:
- low-latency market-data collection;
- normalized market-data streams;
- exchange and OTC execution connectors;
- OMS and order lifecycle management;
- account state: balances, wallets, positions, fills and orders;
- strategy and algo runtime;
- algo administration and control;
- risk hooks and order validation;
- telemetry, latency tracking and operational health;
- support for both fused and distributed runtime deployments.
This backend can serve multiple surfaces and workflows at the same time: clickGUI for operator control, strategy runtimes for automated trading, telemetry pipelines for monitoring and Grafana for historical analysis.
Deployment Models
Section titled “Deployment Models”The same Chronix backend can be packaged in two main ways depending on the desk’s latency, modularity and operational requirements.
Fused Low-Latency Runtime
Section titled “Fused Low-Latency Runtime”In the fused runtime model, strategy logic, risk, exposure, market-data connectivity and trading-data connectivity live in one address space.
This is the lowest-latency path. Market-data updates, order intents, acknowledgements, fills and account-state changes can move through ultra-fast in-process channels without crossing process boundaries.
This model is suitable when the desk needs the fastest possible decision loop and is willing to keep the critical trading components tightly integrated.
Split Modular Runtime
Section titled “Split Modular Runtime”In the split runtime model, Marketdata connectors and Trading Private connectors run as separate processes. Strategy, risk and exposure components connect to them through WebSocket, Unix socket, shared memory or another configured runtime transport.
This keeps the system modular while still giving the strategy controlled access to live market data, execution state and account updates.
This model is suitable when the desk wants stronger process isolation, independent deployment of connectors, clearer operational boundaries or easier horizontal scaling.
Shared Control and Observability
Section titled “Shared Control and Observability”Both deployment models use the same Chronix control and observability layer.
clickGUI provides operator controls, live state inspection, manual actions, strategy controls, staged workflows and guarded execution surfaces.
Symbology and configuration services provide instruments, venues, accounts, exchange metadata and runtime configuration.
Telemetry and Grafana provide health, latency, business metrics, connector status, operational dashboards and historical investigation.
This allows Chronix to support both ultra-low-latency trading paths and more modular production deployments without changing the core product model.
Live Trading Capabilities
Section titled “Live Trading Capabilities”Chronix live trading capabilities include:
- live, paper and replay mode boundaries;
- staged orders before submit;
- submit, amend, cancel and replace workflows;
- working orders and fills timeline;
- strategy and manual order origin labels;
- account and venue selection;
- pre-trade risk results;
- unified OMS controls for per-order, per-side, per-symbol and account-level limits;
- post-trade account-state updates;
- algo administration controls;
- strategy status, parameters, inventory, orders, risk events and rate-limit state inspection;
- start, stop, pause and resume controls where configured;
- kill switch and pause controls where configured;
- execution audit trail.
The key idea is that Chronix backend is not only an integration layer. It is the live trading runtime: the place where market data, execution, risk, account state, strategy logic, telemetry and operator control meet under one governed system.