Refinitiv stands as a financial markets infrastructure and data provider and has launched REDI EMS, an electronic trading platform, in India. REDI stands as an execution management system (EMS) that allows for multi-asset trading functionality. Furthermore, it comes with access to an array of major prime and clearing brokers, over 200 certified execution brokers, as well as over650 brokers within the Autex Trade Route service.
Offering An Array Of Tools And Services
REDI EMS supports Care and One-touch orders, DMA, as well as Notification of Execution, which is the automated captures of orders that the broker had keyed-in. It should be noted, however, that these REDI EMS services are specific to the Indian market.
A wide array of trading strategies can be implemented by the platform’s investment professionals, using rich analytics, advanced tools, and flexibility regarding broker-specific algorithm integration. Alongside this, REDI EMS offers powerful compliance and workflow tools, as well. Software developers and engineers are capable of using REDI EMS’s Application Programming Interface (API) in order to build custom applications, as well.
Providing For Every Strategy
A customer of REDI EMS can, through a singular point of entry, now submit orders set to be executed by their nominated broker. This can range from futures trading to single stocks, to even basket/list trading. REDI EMS offers to facilitate position management and reporting requirements, doing so through a suite of integrated functionality with clearing firms and prime brokers. Alongside this, real-time confirmations are allowed thanks to an allocations module. With risk and trading analytics, advanced post-trade capabilities will be allowed on the platform, as well, and the buy-side will be capable of connecting to the broker of their choice.
Customers will also be capable of facilitating order staging, doing so with leading OMS providers, such as Refinitiv’s AlphaDesk. AlphaDesk stands as a multi-asset cloud-based class portfolio and order management system, and customers can access it either via FIX or API. Through the use of APIs when it comes to buy-side trading strategies, a fully customized and highly automated solution can be delivered, in order to support complex workflows.
A Global Platform
Alongside trade execution automation, the system also feeds trading activity to fund administrators, back-office systems, custodians, and others.
The REDI EMS platform of Refinitiv already stands as a provider of multi-asset global coverage to both its international and regional clients. Through this, these clients can execute and trade any listed futures instrument or equity options in more than 80 countries, spread across Europe, Americal, Asiah, Africa, and the Middle East.