Interactive In-line Risk Management For Direct Market Access From Object Trading

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18th March 2010, 03:23am - Views: 1122





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MEDIA RELEASE PR38766


Interactive In-Line Risk Management for Direct Market Access from Object Trading


CHICAGO, Mar. 17 /Medianet International-AsiaNet/ --


Object Trading addresses SEC risk concerns -adds decency to Naked Trading


   Object Trading, a leading infrastructure provider for high-performance trading, today

announced it has successfully completed the roll out of its latest enhancements to its

FrontRisk Interactive In-Line Risk Management solution to its sell side customers.  Already a

value-added component of Object Trading's FrontRunner® Direct Market Access (DMA)

platform, FrontRisk is aimed squarely at addressing the market need for ultra low latency

without compromising risk management control. 


   Object Trading's FrontRisk offers the Sell Side a sophisticated in-line pre-trade risk

constraint system, enabling the Sell Side Group to independently monitor and control the

activity on all their active FrontRunner gateways.  Additionally, FrontRisk's professional API

allows direct integration with existing risk management solutions for a globally centralised

overview and management of real time, on the fly pre-trade risk control.


   FrontRisk is available on all Object Trading's broad range of 50 electronic trading

destinations including the recently released European Equity markets such as LSE, Euronext,

Xetra, CHI-X and with BATS to come later this year. 


   "With FrontRisk, the Sell Side now has a comprehensive, risk managed low latency solution

for on or offsite algorithmic trading," said Gerry Turner, Executive Director, Object Trading,

International Operations.  "The Buy Side can still enjoy competitive latencies when measured

against the more risky naked access systems with the added benefit of a single generic

exchange interface, providing easy access to a wide range of markets. 


   "The perennial problem of how to satisfy the demand for ever lowering latencies bundled

with the added problem of enforcing sophisticated risk constraints, as outlined by the SEC, is

all solved in a ready-engineered solution that is proving itself in production with clients, today." 



   About Object Trading 

Object Trading provides buy and sell side market participants with flexible, counterparty

neutral Direct Market Access (DMA) infrastructure specifically engineered for ultra-high

performance trading applications. Object Trading's FrontRunner® suite offers low latency, high

volume order management, coupled with integrated real-time price distribution and

independent risk management for enabling buy and sell side supervisory control. An all-in-the-

box solution for over 50 major international markets with integration via either a rich

professional API or industry standard FIX protocol. 


   Object Trading has offices in London, Zürich, Chicago and Sydney. More information is



   Further information: 

   Scott Pettet

   LEWIS PR 


   Ph: +61-2-9409-3100 

   Email: scottp@lewispr.com 


   SOURCE: Object Trading


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