Trading Connector
Overview
FA’s Trading Connector automates your trade order management by sending orders to your preferred trading venue. You can thus monitor the status and execution information of your trade orders in real time.
Functionality
Send trade orders from FA to a trading platform of your choice
Send trade orders via a trading integration - select trade orders in FA and send them forward to your trading platform. When sending orders via a trading integration, your orders are executed outside of FA. You can use one of the supported trading connectors, as long as the connector supports sending trade orders. You can also automate sending trade orders based on a schedule and custom criteria. For example, you can automatically send all buy and sell orders with status "Accepted" forward every day at 16:00.
Connect to multiple trading platforms simultaneously - you can connect to multiple trading platforms at the same time, and you can route your trade orders to suitable trading connectors. For example, you can route your fund orders to Euroclear FundsPlace, while your stock and ETF orders are routed to Infront. You can also automate the trade order routing to the correct trading platform - automatic order routing requires additional configuration.
Automatically receive execution information about your orders from a trading platform
Receive order status updates and execution information on sent orders - trading connectors support automatically updating the trade order status and execution/payment information to trade orders you have sent forward with one of our trading connectors. The exact frequency and content of these updates vary from connector to connector.
Receive drop copy session messages - Receive near real-time information about trades executed in other trading platforms. The incoming feed of orders updates or creates new trade orders in FA. Drop copy sessions are supported in FIX formats only for certain connections (see the Supported formats and service providers table).
Send execution information on orders received in FA
Send order updates on the trade orders received by your fund - select trade orders executed in FA and send trade order update messages and execution information from FA to your fund distributor. You can use one of the supported trading connectors, as long as the connector supports receiving trade orders. You can also automate sending trade order updates based on a schedule and custom criteria.
Supported formats and service providers
To use the Trading Connector, you need to have access to one or more of the supported trading connectors listed below. Some counterparties require onboarding with a separate cost.
Connector | Description | Formats |
|---|---|---|
Allfunds | Supports sending fund orders to Allfunds. | ISO 20022 version 3 Types:
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Bloomberg EMSX | Supports sending equity, ETF, future and listed option orders to Bloomberg EMSX. Note that this connector is only for Bloomberg EMSX. Other Bloomberg trading connectors such as Bloomberg MTF are not supported. | FIX version 4.2 FIX version 4.4 Types:
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Bloomberg FXGO | Supports receiving FX spot, forward, and swap orders from Bloomberg FXGO. | FIX version 4.4 Types:
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Bloomberg TSOX | Supports sending fixed income (bonds) orders to Bloomberg TSOX. | FIX version 4.4 Types:
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Calastone | Supports sending and receiving fund orders to and from Calastone. | ISO 2022 version 4 Types:
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DNB | Supports sending fund and ETF orders to DNB. | DNB proprietary format Types:
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FundSettle | Supports sending and receiving fund orders to and from Euroclear FundSettle. | ISO 20022 version 4 Types:
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Infront | Supports sending equity orders to Infront Trading terminal. | Infront proprietary format (Infront Connect Trading API) Types:
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Euroclear FundsPlace | Supports sending and receiving fund orders to and from Euroclear FundsPlace. | ISO 20022 version 4 Types:
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Other counterparties with FIX connectivity | Supports sending equity, ETF, bond, future, and listed option orders. Requires additional configuration. Might require certification by a counterparty. | FIX version 4.2 FIX version 4.4 FIX version 5.0 SP2
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Other counterparties with SFTP connectivity | Supports sending and receiving fund orders. | Format:
Types:
Requires additional configuration. Might require additional consultation or development if counterparty deviates from the standard. |
Interactive Brokers | Supports sending equity, funds, and bond orders to Interactive Brokers. | Format: FIX 4.2 Types:
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Saxo bank | Supports sending equity orders to Saxo bank. | Format: FIX 4.4 Types:
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