Recording/Playback
Incoming market data from liquidity sources is recorded for future playback and analysis.
Aggregation
Custom Market Depth/Order Book Creation and management
Indexing
Index construction, calculation, publishing, both quote based and execution based
Market Analytics
Pre-trade and post-trade analytics.
TCA/Best Execution
Show aggregated liquidity at the time of execution, including spreads and commissions
Transaction Reporting and Record Keeping
Recording execution information for each order including TCA and best execution info
Credit Engine
Risk Management engine designed to monitor credit utilization and allocation to credit based accounts
Margin Engine
Risk Management engine designed to monitor margin utilization and allocation to margin based accounts
Matching Engine
High though put engine designed to validate and match buy and sell orders
P&L and Exposure Monitor
Display account open positions and open, closed P&L on the intra-day basis
Synchronous/Asynchronous
Supporting risk-less agency model (each trade if offset against outside liquidity) as well as risk taking principal model (principal may elect to take the other side of client's trading)
Prime Broker Integration
Supporting prime brokerage credit model
Netting
Ability to net all open positions on the currency pair or currency basis
Low latency/Scalable
High though put messaging solution with modular design with hot swappable components
API Trading
API solutions for Market Takers and Market Makers
Streaming
Steaming Price feed for Market Takers available via UI or API
RFQ/RFS
Ability to trade avoiding market impact, requesting a price for a specific amount
Custom Liquidity Pools
Ability to create liquidity pools addressing specific liquidity requirements of clients and brokers
Pricing Engine
Ability to calculate "all-in" prices with build-in commissions and ability to execute on these prices
ECN
Exchange like trading environment with equal access to all participants
OMS/EMS
Order and execution management, allowing for handling of complex order types
Order Types/Algorithms
Simple and complex order types are supported, including Stop, Limit, TWAP, VWAP, etc. Algo execution is supported as well
Anonymous/Disclosed
Both anonymous and disclose counter-party trading is supported
Order Routing
Orders can be directed to specific market makers and counter-parties
Instruments
System supports SpotFX, CFDs, Cryptocurrency, Futures
Post ICO Services
Services include: market making, treasury, distribution, crypto to CFD conversion
Trading Events Monitor
Log of all messages related to customer's trading activities
Charting
Full charting package with comprehensive technical analysis and trading capabilities
Clearing/Settlement Engine
Provide post trade reporting to counter-parties and prime brokers
Prime Broker Integration
Integrating prime brokerage coverage, with credit management, P&L, position monitoring, etc.
Institutional Custody
Ability to interact with Institutional custody providers
Reporting
Various reporting capabilities to support all aspects of trading, risk management, cash management, etc.
Commission Engine
Ability to specify different commissions and compensation models for brokers, introducing brokers, credit intermediaries, etc.
Audit Trails
Audit trail of all changes to the database (accounts, trades, etc.)
Event Recording/Playback
Recording all trading activities for all Takes and Makers with playback capabilities
Trading Compliance Monitor
Monitoring trading activities to detect any irregularities
Connectivity
Established connectivity to most major market participants and venues
Global Hosting
Hosting solutions with multiple international locations