Increase your market reach, efficiency, and profitability without additional resources. Improve hit ratios on all markets in real time, raise the number of RFQs answered by an individual trader and see a significant increase in trade volume with no additional personnel.
For the sell-side, AxeTrader provides unequalled market making, quoting, bond pricing and order execution. By unifying the workflow and using the firm’s real time, historic and external pricing data it provides the fullest representation of the market and can handle all trading flow on one screen. The user configurable quoting engine is better suited to today’s market and modern business needs enabling users to move beyond legacy technology.
AxeTrader is fully scalable, from a single desk to a global enterprise, across multiple legal entities to support dedicated agency execution, prop trading and back-to-back ticketing for a global customer base with varying levels of centralised trading.
AxeTrader is not a trading venue, rather we free traders to make best use of their existing systems to interact seamlessly across execution and liquidity sources. Some other providers look to constrain and create a walled garden forcing users to be dependent on a limited range of options. AxeTrader connects to leading third-party market data sources and market intelligence systems.
It is fully integrated to ensure an efficient single point of access to the market. It is agnostic to trading style as it provides a central order book that interacts with the quoting mechanisms of other platforms. It uses real-time data for sources of bond information for existing bonds and new issues.
Trading parameters can easily be set, with adjustable levels of automation from complete auto pilot to fully hands-on, by identifying the key data points in a ticket combined with analytics from external tools. With robust permission control the system aggregates customers own data but does not share it, unlike some other systems whose offering relies on aggregation for their business model. Client tiering and auto-quoting gives complete control of client servicing, pricing, and quoting which improves client service, acquisition and retention.
Through integration with middle and back-office systems AxeTrading aims to reduce operational risk, improve efficiency, enhance regulatory reporting and compliance. FX integration, hedging and risk monitoring tools improve and streamlines the trading process. This broader offering and enhanced workflow creates new ways for the sell side to reach and service customers.
The application is Java based and embraces open architecture and interoperability with exiting tools. It is robust, flexible and easy to deploy so as users evolve AxeTrading enables growth. Clients profit from this efficient, modular and cost-effective system that adds value at every stage of the trade when others can’t. AxeTrader can be delivered as a managed service using cloud hosting or deployed on premises.
This highly resilient set-up means that all clients benefit from being on the most up-to-date version through our hosted gateway, when other vendors change their access or API our clients have quicker updates with more effective monitoring and testing without needing additional internal resources.
By establish a direct link between relationship managers, customers, branches and your trading desk you enhance the efficiency of trading communication and flow capture. This grows your execution capacity and reduces trading costs for you and your customers’ business.
You are able to: