Untitled Document
 
   SECURITIES 
 
 
MarketMatrix
   Highlights

   Features

   Functionality

   Demo
 
Introducing MarketMatrix
MarketMatrix brings leading technology to Market Makers !
The essential technology behind direct access execution is now the powerful and integrated software being used by leading Market Makers. The MarketMatriX platform gives complete access to the full depth of order books from ECNs and exchanges, as well as the additional sources of liquidity with order book market data. MarketMatriX provides integrated systems that bring all of these liquidity sources under one application interface to transmit orders to all sources of liquidity.
The complete trading system for professional hedge fund managers has been enhanced to provide the features and functions that are demanded by Market Makers. MarketMatrix combines a state-of-the-art front-end trading platform that presents traders with a combined view of the various order books in a central market data montage. Gain access to order entry across all available execution services, use various smart order placement options, and manage orders and positions in real time through the account management window. Track Profit and Loss, customize and control the display of critical trading data from messages and orders to fills and trades.
Market Data Distribution contains a direct connection to as many sources of liquidity as possible. The Trade-Routing system takes ECN limit order books and exchange prices as market data input, consolidates the data, and display to each subscriber via the MatrixAgent client.
Order and execution interfaces offer a standard FIX protocol to subscribers for entering orders and receiving executions against all sources of liquidity supported by the One-View application. This interface offers advanced proprietary features for entering orders with complex rules and for taking advantage of multi-ECN and market-marker execution strategies.
 
 
 
 
TradeMatrix Platform
Includes These Powerful
Value Added Products

Also Available in MarketMatriX

Level Two Trading
 
Time of Sale  
Top 10  
Account Manager  
Activity Log  
ChartMatrix  
MatrixMessenger  
MatrixView  
InfoMatrix  
     
MatrixMiner  
Advanced Order Entry
 
Integrated Depth of Book  
     
     
 
Equity Order Entry and Types  
Order Entry
Access to the following order entry systems are available for equities:
NASDAQ NMMS : SuperMontage Directed and Non-Directed Orders
Archipelago ECN NYSE SuperDOT

INET ECN
(Island/Instinet)

NYSE Direct

BRUT ECN
(Brass Utilities)

SMART Order Routing (P.O.R.T.A.L)
Proprietary Order Routing Technology Advanced Logic
NITE (Includes OTC:BB/Pink sheet)  
 
Order Types
Market
Discretionary
Hidden
Market On Open
IOC (immediate or cancel)
GTC (Good Until Cancelled)
Limit
Cancel/Replace
SMART
Limit On Open
   
   
Inside Limit
Reserve
Fill or Kill
Market On Close
   
   
Peg
Random Reserve
OTC: BB
Limit On Close
   
   
 
Conditional Orders
Trailing Stop Stop Market Order
Stop Limit Order  
 
 
Options Order Entry and Types
Order Entry

Access to the following order entry systems are available for options:

A- AMEX

I - ISE

B - Boston

P - PCOAST

C - CBOE

X - PHILLY

 
Order Types

Market

Buy To Open

GTC (Good Until Cancelled)

Options Analytics (Greeks)

Limit

Buy To Close

   
   

SMART

Sell To Open

   
   

Stop

Sell To Close

   
   
 
Following Systems available soon:

Primex

GlobeNet ECN

POSIT

 
 
Market Data Resources

Access to the following market data sources are available:

NASDAQ NQDS data (Level II)

Brass Utilities (BRUT) order book

NASDAQ NTDS data (Trade data)

INET Instinet (best bid/offer via NQDS)

Archipelago order book

INET Island order book

Bloomberg Tradebook (best bid/offer)

NYSE Open Book