High Efficiency Trading
In today’s competitive market, you need to do more with your institutional order flow – more speed, more capacity, more efficiency. IRESS IOS+ and the IRESS institutional trading platform provide the electronic order processing and automation you need to get there.
Enhanced Institutional, Retail and Liability Trading
As a dynamic, flexible, high performance trading platform, IRESS offers enhanced support for institutional, retail and liability traders through customizable workflows, highly configurable order management, electronic tickets, trade and FX management, real time monitoring, auditing and compliance, back-end integration and end-of-day reporting.
For institutional traders, the IRESS platform provides the ability to auto-acknowledge trades, auto-allocate and apply average limits to all trading orders, view and apply trading and settlement currencies, hold and release orders to clients, explicitly assign consent levels, cross-trade with trader inventory and differentially manage and apply FX rates.
For retail traders, the IRESS platform provides fully customizable workflow and automated order management, advanced limits and direct market access integrated access to algos and strategy engines and comprehensive alerts and notifications.
Complete Order Management
IRESS Order Management enables the firm to reflect and automate their specific workflow within the IRESS OMS. IRESS combines sophisticated order management capabilities with an highly usable rules engine to enable all organizations to tailor order flow to meet the needs of specific clients and lines-of-business, from full service to direct market access (DMA).
Incoming order flow via FIX or other means can be automatically split for order processing across security, pricing, volume, source and exchange parameters. IRESS IOS+ offers highly granular control over specific order types, ensuring that the orders are processed as required to meet trader expertise, line-of-business, cost-of-execution and capacity objectives.
The IRESS IOS+ platform incorporates a broad range of trader and group limit options that can easily be configured meet order processing needs. Orders that breach limit options can be designated as trader managed.
All orders meeting specific criteria can automatically be segregated and sent for special handling.
Algorithmic Trading
IRESS supports direct access to a full range of algorithmic trading engines, including the ability to set algorithmic strategy and execution preferences.
Best Market Routing (BMR)
The IRESS BMR provides high performance best execution and trade through protection services, with access to three integrated execution strategies, SPRAY, SWAY™ and SWEEP. Each strategy is optimized for liquidity uptake, speed of execution or both.
Seamlessly integrated with the IRESS IOS+, the BMR enables full visibility over all orders throughout the order lifecycle while meeting or exceeding performance requirements and regulatory standards.
High performance connectivity
IRESS’ fully managed services are delivered on the IRESS Optical Network (ION), our dedicated, low-latency network. Co-location with select Canadian exchanges and access to Canada’s first fully redundant Canadian located data centres means that ION is ultra-fast and ultra-robust.
White Labeling
The IRESS sell-side workstation can easily be white labeled for distribution to the buy-side clients and customers. Giving buy-side clients the full benefit of IRESS Market Data and order execution provides a compelling competitive advantage for sell-side trading organizations seeking to expand their buy-side clientele.
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