The Tradetech Daily

Object Trading – FrontRunner

Object Trading – FrontRunner

Key functionality

Object Trading offers buy- and sell-side firms and
technology providers a single gateway for connecting to global trading venues.

The FrontRunner product suite provides direct market
access, market data, order execution and pre-trade risk constraints through
independent infrastructure.

FrontRunner allows users to create a bespoke trading
solution around their market access with comprehensive, inline risk
constraints.

Market coverage

Object Trading provides connectivity to over 55
global exchanges for market data and order execution, including spot foreign
exchange through ICAP and Currenex.

Customer support

FrontRunner features follow-the-sun 24×5.5
telephone support and upgrades include all supported exchange interface system
changes. There are three product supply levels available:

Software Only:
includes software product supply, second level support and a staging area for
new client on-boarding and software certification.

Managed Software:
adds software installation, proactive system monitoring and management, fully
change-controlled out-of-hours software upgrades and the ability to download
trading logs for compliance, retention and audit purposes.

Managed Product:
also includes provisioning, installation, and management of hosted environment.

Customisation

FrontRunner allows users to create a custom trading
solution around their market access to achieve a single view to the world’s
markets, to increase efficiency, enforce compliance and minimise risk. The
company’s venue-, provider-, and trading screen-agnostic deployment approach
allows customers to select their trading platform of choice.

FrontRunner automatically updates its software as
exchanges make upgrades to their offerings and change their system interfaces,
ensuring users do not need to make any additional technical investments for
seamless connectivity.

Future plans

Object Trading will be increasing its FX coverage through
connections to additional exchanges throughout 2013.