Aspect TMS, powered by InfoReach, is an ASP-based trade management system that combines order entry, rule-based trading, order management and FIX connectivity for equities, options, futures, and Forex in a single broker-neutral trading platform.
The platform gives institutional traders flexibility to configure the platform to suit their particular trading styles and methodologies. It has features to suit buy-side and sell-side users and an API for the implementation of additional tools.
Aspect TMS will augment Nexa’s suite of online brokerage and trading services, which currently includes direct access trading applications, back-office account management systems, real-time and historical market data, and FIX execution services.
Nexa says its new platform will provide traders with functionality such as automated and algorithmic trading, order routing, trading multiple asset classes as single instruments or baskets, pre-and post-trade analytics, and real-time position management.
The partnership with InfoReach, a financial securities trading technology firm, was developed through Nexa Technologies’ affiliate, Penson Financial Services. Through the arrangement, Nexa will also provide InfoReach with additional exchange connectivity through Nexa’s FastPath FIX Gateway.
