Adaptive Market Making (MM)
Institutional Market Making Software for Multi-Asset Liquidity Provision
Designed for banks, broker-dealers, and proprietary trading firms running regulated market making workflows across venues.
Market Making is under severe regulatory demands, and reduced market volatility makes automation essential for generating profits. A fail-proof system that is transparent and has stringent risk controls is the crucial component for any modern Market Maker.
Quod Financial’s Market Making is a professional market making solution designed for automated, low-latency liquidity provision with governance-oriented controls over quoting, inventory risk, and execution across asset classes.
Quod Financial MM combines
FX Market-Making
Delivers continuous, competitive pricing across global FX markets with low latency and high reliability.
ETF & Cash Liquidity Providing
Provides consistent, scalable liquidity for ETFs and cash instruments across venues.
Simple Option Market-Making
Enables efficient pricing and risk-managed market-making for straightforward options strategies.
Equities Market-Making
Double-sided automated quote generation and quote management designed for equities workflows, with real-time controls aligned to inventory exposure and open orders.
Quote Management
Risk Management
Crossing
Algorithmic Engine
State-of-the-art algo engine with out-of-the-box algos as well as a comprehensive C++ API for coding internal market-making logic.
Excel Plugin
Execution & Order Management
Adaptive Market-Making
Provides an open platform that can be easily integrated into your pricing engines, feed providers (or derived data such as volatility and Greeks), risk management, and other systems. The integration is done using FIX or open APIs. The application is modular, easy to implement, use and change. It enables faster deployment and lower implementation risk by allowing market making to be introduced without replacing existing trading infrastructure.
Market Making can be deployed alongside Quod’s OMS, EMS, SOR, algorithmic trading, advanced order automation, and connectivity modules as part of a modular O/EMS architecture, without forcing replacement of existing systems.
At a glance
- What it is: automated two-sided quoting with configurable spreads, skews, sizes and tiers
- How control is enforced: supervision via trading screens plus risk limits based on positions and open orders
- How it integrates: connects to pricing engines, feeds and risk systems via FIX or open APIs
UI and Sales Trading Screens
Market Making screens that allow configuration of quoting logic, spreads, skews, quote sizes, client tiers, P&L, Auto Hedging, and risk limits.
Supervisory views support real-time monitoring, configuration, and control of automated quoting activity, enabling desks to enforce governance policies and operational limits across venues.
Governance, Control & Operational Oversight
Quod Financial Market Making is an institutional-grade platform built for regulated and operationally complex trading environments. The platform provides transparent control over automated quoting behaviour through configurable logic, limits, and supervision tools.
Governance capabilities include:
- Centralised configuration of quoting logic, spreads, skews, sizes, and client tiers
- Real-time visibility into positions, open orders, and P&L
- Enforced risk limits aligned to desk-level and instrument-level policies
- Supervision of automated activity via dedicated trading and monitoring screen
Why Quod for Market Making ?
Buy–Build–Modify architecture: out-of-the-box capabilities plus deep customisation via a C++ API
Multi-asset foundation: consistent market making workflows across configured asset classes
Modular deployment: use alongside OMS, EMS, SOR, algo trading and connectivity modules within a modular O/EMS architecture
Open integration: connect pricing engines, feeds and risk systems via FIX or open APIs
Why shortlist Quod ?
- If you’re weighing build vs buy, Quod’s buy–build–modify model lets desks start with out-of-the-box capability and extend logic through a C++ API, while keeping supervision and limits centralized.
- If you’re consolidating multiple tools, Quod is positioned as a modular platform that can reduce vendor fragmentation by deploying market making alongside OMS/EMS/SOR and connectivity modules.
Product in action : Multi-asset Market Making at scale
Multi-asset Market Making for an international bank
Quod Financial’s Market Making has been deployed by an international bank to support multi-asset electronic liquidity provision across asset classes, while maintaining centralised control over quoting logic, inventory risk, and execution workflows.
In this deployment, Quod’s platform was used to:
- Automate two-sided quoting across multiple asset classes
- Integrate pricing inputs and internal risk controls without replacing existing systems
- Supervise market making activity through trading and monitoring screens
- Enforce governance and risk limits aligned with institutional policies
FAQ
Frequently Asked Questions on Market Making
Find Out More