Trading Desk Engines
Datasoft FxOffice features an institutional FX FIX engine designed for high-throughput liquidity aggregation, automated deal capture, and electronic trade execution.
FIX-enabled integration to FxOffice allows for a continuous electronic communication channel with liquidity providers or prime brokers to stream quotes or auto-cover FX positions. Flexible configuration can enable currency-pair-specific pricing and coverage to different liquidity engines based upon timetables origination channels. The FxOffice FIX engine automates central trader responsibilities allowing for risk-averse scale and efficiency.
Auto-Cover
Datasoft clients can configure precisely when and how the FIX engine operates alongside FxOffice. FxOffice FIX streams live prices from top-tier liquidity providers and triggers automated hedging rules to mitigate open-market currency exposure, powering an unattended electronic dealing desk 24 hours a day.
Deal Capture
Operating concurrently with external ECNs, liquidity venues, and third-party FIX platforms, FxOffice ensures straight-through deal capture. Captured transactions automatically update your live trading blotters and feed directly into automated profit and loss recognition, maintaining full auditability and balance-sheet transparency
Trading Desk Key Features
- Direct pricing connection to your liquidity provider.
- Ability for back to back trades covering positions instantly and eliminating risk.
- Ability to configure multiple liquidity engines.
- Configure each engine by currency pair, date, and time.
Find Out More
Datasoft FxOffice is a foreign exchange software and global payments platform that offers financial institutions a completely integrated forex, treasury, compliance and payments platform.