The Tradetech Daily

Linedata — Trader

Linedata — Trader

Linedata Trader is part of the Linedata Front Office Platform and offers trading through a flexible workspace and pre-trade compliance checks, execution management functionality and integrated workflow. Linedata Trader offers order creation, pre-trade compliance, market data and global connectivity in one system through a deployed or hosted environment.

Linedata Trader delivers the information needed to make informed trading decisions, including pre-trade compliance, full trade history, restricted broker rules, commission management dashboard, tag 30 analysis, trader’s realised and unrealised P&L and streaming market data.

Clients

Linedata has 700+ clients across Europe, Asia and
North America. The firm’s client base includes institutional portfolio and
collective management companies, hedge funds, prime brokers, fund managers,
fund administrators, transfer agents, corporate savings fund managers, and
subsidiaries of banks or independents.

Connectivity and functionality

Linedata maintains relationships with over 400
global execution destinations to facilitate direct access to markets, trading
portals, electronic communication networks, alternative trading systems and
algorithmic trading tools.

Linedata builds broker algorithmic-trading interfaces
based on the broker’s FIX specification. Lead times vary, depending on the size
of the algo specification, broker certification availability and other factors.
In the case of FIX, Linedata development is significantly reduced, allowing for
quicker rollout of new and updated algos.

Sourcing options

Linedata Trader is available via deployed or a
hosting environment.

Pre- and post-trade analytics

Linedata Trader offers pre- and post-trade
analytics through four strategic partnerships.

Future plans

Linedata will focus on order routing transparency and data visualisation tools in the near future.