Building a Better Market.
In trading, speed is critical, but inaccessible to many. PAX enables single digit nanosecond market access for all.
BE FIRST.
The PAX λ API places orders immediately after market data is published, with zero network delay. No faster tick-to-trade exists. Beta API for event-driven trading will open to demo participants in Q1'25.
GET PAID.
PAX offers unprecedented double-sided rebates for non-speed sensitive orders. Whether making or taking liquidity, PAX pays a rebate when an order pairs with another placed through the Lambda API.
Our Peers.
Using its patented λ API, PAX moves traders closer to the exchange: onto the same silicon device.
Exchange | Latency | PAX |
---|---|---|
Binance | 1ms | 50,000x Faster |
Coinbase | 1ms | 50,000x Faster |
OKX | 1ms | 50,000x Faster |
Bybit | 1ms | 50,000x Faster |
New York Stock Exchange ( NYSE ) | 20µs | 1000x Faster |
NASDAQ Stock Market | 20µs | 1000x Faster |
London Stock Exchange ( LSE ) | 50µs | 1000x Faster |
Tokyo Stock Exchange ( TSE ) | 30µs | 1000x Faster |
Hong Kong Stock Exchange ( HKEX ) | 30µs | 1000x Faster |
Chicago Mercantile Exchange ( CME ) | 100µs | 1000x Faster |
Members Exchange ( MEMX ) | 30µs | 1000x Faster |
Deutsche Börse DB | 30µs | 1000x Faster |
The round-trip latency numbers in the table are estimates based on publicly available data. Did we forget an exchange venue, or get round-trip latency wrong?
Send us a note at [email protected].