TradingScreen Introduces Turn-key SI / OTF Trading and Matching Engine
- The new product supports a multi-protocol environment and maintains a quality matching engine.
TradingScreen, a provider of SaaS solutions for the financial markets, has introduced a new member of its product suite, Turn-key SI / OTF, which caters to European banks, brokers and other financial players that seek to fulfil MiFID II requirements, according to a company statement.
The release of TradingScreen’s latest solution offers numerous enhancements including the expansion of a fully-integrated trading and matching engine ecosystem, as well as enhanced pre- and post-trade reporting tools satisfying MiFID II requirements.
The new product supports a multi-protocol environment and maintains a quality matching engine. Moreover, the HTML5 interface connects the user to nine global data centers.
Alexandre Carteau, Head of the TradeExchange® business line, said: "The new regulatory framework for the European financial market is pushing financial actors to redefine their role, follow new rules and Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term and upgrade their infrastructure. Moreover, very few Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term Management Systems handle the Fixed income and OTC market like we do. Our 18 years of experience in the field uniquely position us to offer all of the above with our Turn-key SI / OTF solution, a full, one-touch platform for OTFs and MTFs."
"TradingScreen has a history of providing customized solutions to our clients. European market participants need MiFID II-compliant services, in a very cost-efficient way. We are providing a fast and easy to implement solution reducing the need for expensive internal development. It's the ideal platform for the OTF community," added Pierre Schroeder, CEO of TradingScreen.
TradingScreen, a provider of SaaS solutions for the financial markets, has introduced a new member of its product suite, Turn-key SI / OTF, which caters to European banks, brokers and other financial players that seek to fulfil MiFID II requirements, according to a company statement.
The release of TradingScreen’s latest solution offers numerous enhancements including the expansion of a fully-integrated trading and matching engine ecosystem, as well as enhanced pre- and post-trade reporting tools satisfying MiFID II requirements.
The new product supports a multi-protocol environment and maintains a quality matching engine. Moreover, the HTML5 interface connects the user to nine global data centers.
Alexandre Carteau, Head of the TradeExchange® business line, said: "The new regulatory framework for the European financial market is pushing financial actors to redefine their role, follow new rules and Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term and upgrade their infrastructure. Moreover, very few Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term Management Systems handle the Fixed income and OTC market like we do. Our 18 years of experience in the field uniquely position us to offer all of the above with our Turn-key SI / OTF solution, a full, one-touch platform for OTFs and MTFs."
"TradingScreen has a history of providing customized solutions to our clients. European market participants need MiFID II-compliant services, in a very cost-efficient way. We are providing a fast and easy to implement solution reducing the need for expensive internal development. It's the ideal platform for the OTF community," added Pierre Schroeder, CEO of TradingScreen.