The Tradetech Daily

ConvergEx Eze Castle Software

ConvergEx Eze Castle Software

Contact
R.G. Manalac Email: rmanalac@ezecastlesoftware.comTel: + 852 3664 1100

The Eze order management system (OMS) provides global multi-strategy, multi-asset class order and execution management, including real-time trade blotters and an embedded EMS. Users can view Level I and II market data and directly access time & sales, TCA, market watch, and charts; integrate seamlessly with crossing engines including ConvergEx Cross; gain single-click DMA to 55 global markets; execute via FIX with 500+ sell-side destinations including dark pools, ECNs, MTFs, EMSs, fixed income trading platforms and algos from 65+ brokers; and configure “Quick Send” buttons and rules-based order routing for low-touch execution.

Connectivity

The Eze OMS supports FIX versions 4.0, 4.1, 4.2 and 4.4. ConvergEx’s Eze Castle Software has a streamlined process for updating broker algorithms designed to ensure clients are receiving the most up-to-date broker algos quickly and effectively. A dedicated team works directly with brokers throughout the integration process, from receipt of the specification to deployment of the algos on the client’s desktop.

Market data

The Eze OMS is integrated with data from: Bloomberg SAPI, Bloomberg Managed B-Pipe, Reuters DataFeed, SunGard Fame, Reuters CAPI, FactSet, Telemet, Thomson One and RealTick, and Markit coming soon.

Routing and trading venues

Clients can access numerous dark pools and algos via broker partners for equities, futures and options, including Tora and Liquidnet.

The Eze OMS also provides direct access to the algorithms of 65+ brokers including Barclays, Citigroup, ConvergEx, Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan, Macquarie, Morgan Stanley, Nomura, and UBS.

Future updates

ConvergEx’s Eze Castle Software is planning enhancements to pairs trading (order entry, monitoring, amending), enhancements to rules-based order routing and execution risk features.