Automated Trading System

Product Overview

The Automated Trading System component of the Exchange Solution was developed using state-of-the-art technology which enables connectivity from anywhere in the world, having no dependence on fixed lines. The Trading Engine component of the Exchange Solution is a comprehensive order management and post trade solution. Delivering business value to the exchange and its participants out of the box, with complete support for a wide range of asset classes, quoting/trading methodologies, as well as boasting a comprehensive open API in FIX and Native formats. With its support for standard Windows Server operating systems, this solution truly promises the lowest cost of ownership, whilst at the same time delivering richness in functionality and immediate value.

The ATS offers a range of services that can be customised to suit individual customer needs in several locations across multiple asset classes, which include:  

Key Features

  • APIs provide direct access to the ATS and are TCP Based
  • Manage multiple interfaces or connections for public market data, private transactional data or trading instructions all at once, using a single connection.
  • Real time level 3+ Market Data to track orders in the queue with specific record and account/client identifiers attached
  • Real time Index data including constituent information
  • Full reference data downloads including securities, all trading attributes such as lot sizes, tick sizes, price spreads, trading rule variables and parameters, trading times, and real time updates.
  • Full downloads of accounts list information in real time
  • Full transaction data downloads including active orders, trades, crossings, and positions in real time.
  • Historical downloads of transactional data
  • Transactional Audit data downloads for last 3 Business days
  • Full onscreen trading access
  • Full off screen trading access
  • Consolidated order book
  • Full Execution management  
  • Full Trade Validation
  • Algorithmic trading strategies
  • Trade management, affirmation, give up, splitting, enrichment and routing
  • Automatic or manual exercise and assignment of options and settlements
  • Electronic access via vanilla front end or via open API over Web
  • Efficient order Routing  
  • Multi-asset class trading with multiple instruments from equities, bonds, derivatives, debt, commodities
  • Multiple market structures (COB, OFF-EX, OTC)
  • Flexible quotation conventions
  • Comprehensive range of order types
  • Trading limits and circuit breakers
  • Multiple trading methods (continuous matching, auctions etc.)
  • Real-time publication of data (trades, positions, risk, open interest)
  • Real-time publication of statistics (high/low, VWAP, volume, RTOI)
  • Full user management and system monitoring
  • Automatic or manual exercise and assignment of options and settlements  
  • Reporting into various formats
  • Allows Real-time loading of Instruments and Entities, no waiting period
  • Customised reports

Product Screenshots

Related Products