REFLEX MARKET MAKING

Automated market making, without the enterprise price tag

Reflex continuously quotes, hedges, and manages risk across multiple venues — configured through a web interface, not code.

Built for institutions. Priced for everyone.

Price and execute complex symbols on A-book (STP). Offer instruments no single LP provides.

Accumulate sub-threshold positions internally. Auto-execute on A-book when the threshold is reached.

Connect to any venue via FIX, REST, WebSocket, or Protobuf. Add venues without changing trading logic.

Cross-venue hedging with configurable thresholds and drop-copy-based triggers.

Position limits, margin checks, circuit breakers, and P&L monitoring with automatic pause.

Web-based interface for live monitoring, execution reports, and markup rule management.

1. Discover

Subscribe to reference feeds and calculate fair value

2. Quote

Apply markup rules and place multi-level orders

3. Manage

Auto-hedge fills, enforce risk limits, reconcile

No per-seat or per-venue licensing fees. One deployment runs dozens of pairs across multiple venues.

Let's talk about what TransactCloud can do for your business.