TradingScreen launches direct exchange connectivity technology

Source: TradingScreen

TradingScreen, the premier execution management system (EMS) provider of multi-broker, multi-asset class trading systems for the Buy Side, today announced the launch of TradeExchange, TradingScreen's proprietary network of fully managed exchange links which will provide exchange members with a low-latency direct connectivity solution, without infrastructure support or maintenance.

TradeExchange offers a high capacity, low latency, network and links locally hosted exchange connections to a highly normalized messaging framework. These exchange links span across the largest equity and listed derivatives exchanges. The offering will also allow exchange members to combine immediate use of the access privileges of their membership while establishing a low latency environment at a fraction of the traditional cost. This necessary and novel approach is an enhanced, logical solution when compared to the costly and high maintenance deployment strategies of the past.

TradeExchange integrates fully with TradeNet, TradingScreen's proprietary multi-broker and multi-asset class network that connects more than 2100 Buy side or Sell side around the globe. This interconnection permits member clients to route orders to non-member markets, or to alternatively access a readily available back-up connection.

TradeExchange is also seamlessly reachable through TradingScreen flexible range of execution management interfaces: TradeSmart, TradeExcel and TradeFIX providing the most powerful trading global environment in the industry.

"TradingScreen's independent, multi-broker capability and global reach has always set it apart from the traditional approach of one to one proprietary front end systems," Philippe Buhannic, Chief Executive Officer of TradingScreen, Inc. said. "TradeExchange is a logical complement to our current offering and gives our clients a higher level of simplicity and reliability within the complex exchange-links business. Added Buhannic: "We have seen a huge amount of interest from all market players in this new solution for the listed derivatives area".

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