Trading System Technology

Many of the WallachBeth team members are ‘pioneers’ in the development and evolution of sophisticated trading system technologies and electronic market platforms. As such, we utilize the same systems that can be found at any of the most tech-savvy investment banks, hedge funds, and proprietary trading firms.

Our trading technology includes order management features that support the full array of algorithmic, program-oriented and quant-centric strategies, as well as smart order-routing tools that connect to and “sweep” a full collective of regulated electronic market centers and “dark pools”. This same technology seamlessly interfaces to customer-side back office modules and respective clearing systems.

However much trading technology and electronic market venues have become the lifeblood for both buy-side and sell-side investment professionals, we’d caveat that even the most transparent screen-based markets are merely one-dimensional; they display market color in the form of pigment only, and provide limited utility for many types of orders. Complex, potentially market-impacting orders, and large block orders in less liquid products or combination strategies are transacted in a three-dimensional landscape; one where color, context and orientation cannot be translated onto, or easily executed through a screen.

• Pre Trade Analytics
• Full Suite of Algorithms / Program & Basket Trades
• FIX-compliant Straight-Thru-Processing
• Option-Centric OMS / EMS / DMA
• Commission Sharing Agreements
• Tri-Party Clearing Agreements
• Seamless Sub-Account & Multi-Custodian Trade Allocation
• All Trades Cleared via Bank of America Merrill Lynch Broadcort®

For those WallachBeth tech-centric customers that prefer to be in the driver’s seat when accessing and navigating electronic markets, our order routing and trade management system can be easily installed on your trading desk.

Powered by OMEX Systems, this system is the “muscle-car” option for those that are familiar with the fleet of trading system applications currently available in the market today. Please click on the OMEX Systems logo to view the application features/benefits.

OMEX-Equity Trader
The EquityTrader is geared towards institutional trading desks, hedge funds and money managers. Features include.

• Direct, neutral access to all major exchanges, ECNs, and market makers
  
• Supports all listed, Nasdaq and OTCBB stocks
  
• Consolidated market montage
  
• Market watch, market depth, time & sales, tickers, options quote chain, news, charts and technical analysis  
  
• Basket trading, allocation, alert triggers
  
• Program trading support through APIs
  
• Sophisticated order types
  
• Rule-based order management
  
• Real-time mark-to-market portfolio management
  
• Hot key management
  

OMEX-Option Trader
OptionTrader is designed to trade complex and multi leg options in real-time. OptionTrader provides flexible, customizable and user-friendly GUI allowing traders to create their own workspaces that are handled with different sets of associated views.

• Superior order execution services to deliver a state-of-the-art front end for options analytics and trading.
  
• A FIX compliant algorithmic server for model-driven trading and FIX compliant high-speed Direct Market Access for trading on all U.S. options exchanges.
  
• Traders can enter and manage orders electronically as individual legs and as spreads.
  
• The option tools provide real-time market information and options analysis, enabling traders to track price, depth of market and impact on position on a single screen.