2,847
Orders Today
1.2ms
Avg Latency
$48.2K
Fees Collected
12
Active Venues
Order Submission
Clients submit orders via FIX protocol, REST API, or trading portal. Orders are validated, enriched with reference data, and appear on the order blotter for trader review.
Execution & Routing
Traders select execution venue and strategy. Orders pass pre-trade compliance, then route to exchanges, prime brokers, or dark pools. Execution reports (ACKs, fills) flow back in real-time.
Fees & Settlement
Exchange fees, regulatory fees, and clearing costs are calculated. Our commission margin is added per the fee schedule. Charges are invoiced to clients, and trades settle T+1 via DTCC.