OpenTrade extends Orbita messaging software

London-based OpenTrade Technologies has extended its Orbita real time messaging software for trading rooms, to include an Alerts Server, Contribution Server, Delayed Data Server, and the REI Server for Reuters 3000 clients.

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OpenTrade extends Orbita messaging software

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The Alerts Server enables users to define the conditions and thresholds that will generate 'action required' messages and triggers to individual users, applications or groups of users within trading rooms.

The Contributions Server enables financial institutions to publish real time updating information via Reuters, Bridge and Bloomberg. In addition, OpenTrade Contributor enables information to be published, at no cost, for internal use by all permissioned TradeWizard spreadsheet and integrated applications users.

OpenTrade's DDS can forward delayed, non time-critical data to other banking applications (in the middle or back office, for example) without incurring the charges associated with real time data, says the vendor. It is currently being used by Landesbank Rheinland Pfalz.

The OpenTrade REI Server enables Reuters 3000 applications to operate alongside information and systems from a myriad of other application and information vendors. Banca Intesa is an early user of the product.

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