OTX Trading Engine
A trade matching engine supporting all main stock exchange flows and related systems, with a built-in registry engine and corporate actions.
Overview
OTX is the financial instruments trade engine at the centre of a market. It supports the main stock exchange flows and the systems that surround them, from order entry through the order book and matching to supervision.
Unlike engines that stop at the trade, OTX includes a registry engine and corporate-actions processing, and it logs every order and trade. Executed trades then flow on to post-trade, clearing and back-office systems without being keyed in again.
An exchange needs an execution core that participants can trust: one that matches orders correctly, supervises activity and keeps a complete record, while feeding everything that happens after the trade.
Key figures
How it works
Capabilities
Order matching
Executes trades across the main stock exchange flows.
Order book engine
Maintains the order books that feed matching.
Supervisory engine
Supervises trading activity on the market.
Web UI and mobile app
Gives participants access through web and mobile interfaces.
FIX and ISO connectivity
Standards-based connections for participants and connected systems.
Registry engine
A registry engine built into the trading environment.
Corporate actions
Corporate-actions processing alongside trading.
Order and trade logs
A complete record of every order and trade.
Monitoring agent
Continuous monitoring of the engine’s operation.
Business intelligence
Analysis of trading data for operations and management.
Built for
Works with
Shared foundations
- Role-based access control, segregation of duties and maker-checker approvals
- Complete audit trails across financial and administrative actions
- Encryption in transit and at rest, secure APIs, monitoring and operational logging
- Deployment in your data centre, private cloud, locally hosted, managed or hybrid, chosen module by module
Questions about OTX Trading Engine
What is OTX Trading Engine?
A trade matching engine supporting all main stock exchange flows and related systems, with a built-in registry engine and corporate actions. OTX is the financial instruments trade engine at the centre of a market. It supports the main stock exchange flows and the systems that surround them, from order entry through the order book and matching to supervision.
What problem does OTX Trading Engine solve?
An exchange needs an execution core that participants can trust: one that matches orders correctly, supervises activity and keeps a complete record, while feeding everything that happens after the trade.
Who is OTX Trading Engine built for?
OTX Trading Engine is built for exchanges and trading venues and market operators.
Which OTS products does OTX Trading Engine work with?
OTX Trading Engine works with OPT Post-Trade System, OCC Clearing and Settlement, Order Management System (OMS) and Optimum Trader.
Can OTX Trading Engine be deployed in our own infrastructure?
Yes. OTS products can be deployed in your own data centre, in a private cloud, in a locally hosted environment, as a managed service where regulation permits, or as a hybrid, chosen module by module.
How can we start with OTX Trading Engine?
Most engagements start with a half-day discovery session, followed by a demonstration on scenarios that look like yours and a scoped pilot with a fixed timeline of 30 to 90 days.