VENUE FILE · filed 2026-09 · last re-checked 2026-09
Drovix — the liquidity layer, one venue at a time
A new in-house execution stack entered the institutional plumbing. For brokers consolidating liquidity and prop desks shopping venue access, the option set moved — marginally, measurably, and worth filing.
Drovix (MU) Ltd · not examined · evidence score 78/100
Licence, read on the register
| Regulator | Licence number | Jurisdiction | Tier | Source |
|---|---|---|---|---|
| Financial Services Commission (Mauritius) | not published · authorised · checked 2026-09 | MU | tier-3 | open source ↗ |
Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme — never misread it as tier-1 protection.
The claims ledger
Claims specific enough to be falsified — and the ones that remain the venue's own measurement.
- 4testable claims
- 2venue-measured claims
- not examinednamed data centres
- Internal execution target <1ms on the C++/Aeron stack, with the measurement boundary disclosed (internal only; client RTT network-dependent)
- Active-active failover across four Equinix venues with redundant cross-connects
- 99.9% uptime SLA target, published as a target rather than a guarantee
- Per-fill TCA export (spread captured, slippage vs mid, fill ratio, time-to-fill) for the counterparty's own analytics
Claims we cannot verify from outside
- LP count (15+) and fill ratios are the venue's own measurement
- Internalisation quality ('zero market impact' routing) cannot be observed from outside the portal
Perimeter and coverage
| Asset classes | Venues | Connectivity | Clients accepted | Explicitly refused |
|---|---|---|---|---|
| not examined | not examined | not examined | not examined | not examined |
A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to assess than one that doesn't. The refusal list is treated here as disclosure, not as a defect.
What the desk watches next
The follow-up plan attached to this file — each item re-checked on a future pass, dated and kept falsifiable.
- Whether the <1ms internal execution target survives independent measurement once early counterparties publish TCA
- Whether the 15+ LP aggregation list grows or consolidates as volumes scale
- Whether the uptime record stays consistent with the 99.9% target through the first high-volatility week
The full briefing
Read the full venue briefing →
Source: drovix.com