Enables fund managers and institutional investors to connect directly to the SIX Swiss Exchange, supporting equities, ETFs, and structured products trading with ultra-low-latency, risk controls, and monitoring tools.
Technology that provides direct connectivity to trading venues, allowing for faster execution and greater control over trading strategies. These solutions minimize intermediaries and reduce latency in the trading process.
More Direct Market Access (DMA) Solutions
More Trading & Execution ...
|
Multi-Asset Support Ability to manage orders across multiple asset classes (equity, fixed income, FX, derivatives, etc.). |
Not as far as we are aware.* Product supports direct trading in equities, ETFs, and structured products but not a full range of asset classes (fixed income, FX, derivatives), so limited multi-asset support. | |
|
Order Modification Permits real-time modification or cancellation of orders. |
DMA solutions typically support real-time order modification or cancellation; notes mention risk controls which generally require such capabilities. | |
|
Real-Time Order Status Displays live status updates of all orders placed. |
Notes cite real-time monitoring tools, implying real-time order status is available. | |
|
Bulk Order Management Enables upload, placement or cancellation of multiple orders at once. |
No information available | |
|
Order Staging Prepares and stores orders before sending to the market. |
No information available | |
|
Order Routing Logic Custom routing logic (rules, algorithms, markets) for different order types/instruments. |
Custom DMA routing logic is a market standard and often essential for risk-managed access. | |
|
Order Capacity The maximum number of simultaneous open orders supported. |
No information available | |
|
Advanced Order Types Supports stop, limit, market, iceberg, IOC, FOK, and other advanced order types. |
No information available | |
|
Special Instructions Support (e.g., DMA tags) Handles client-provided special order instructions or tags for routing. |
No information available | |
|
Parent-Child Order Tracking Tracks the linkage and execution status of parent and child (algorithmic) orders. |
No information available | |
|
Order Validation Pre-trade validation for compliance and trading limits. |
DMA offering includes pre-trade risk controls and compliance monitoring tools, inferring presence of order validation features. |
|
Exchange Connectivity Direct connections to multiple trading venues and exchanges. |
Product connects directly to SIX Swiss Exchange, so exchange connectivity is central. | |
|
Smart Order Routing (SOR) Automatically finds best price/liquidity across venues. |
No information available | |
|
FIX Protocol Support Full FIX (Financial Information Exchange) messaging support. |
FIX protocol is the standard for DMA on exchanges; presumed supported. | |
|
Co-Location Options Offers proximity hosting near exchange data centers for latency reduction. |
No information available | |
|
Direct Exchange Memberships Ability to use client or provider memberships for market access. |
DMA platform leverages either client or provider exchange memberships for access. | |
|
Latency Round-trip latency of order transmission to and from markets. |
No information available | |
|
Bandwidth Supported bandwidth for order flow/data (capacity). |
No information available | |
|
Availability (Uptime) Percentage of time platform is accessible. |
No information available | |
|
Disaster Recovery Connectivity Redundant or backup connectivity paths. |
Disaster recovery and backup connections are industry standard and required for institutional-grade DMA. | |
|
API Access Availability of robust APIs (e.g., REST, WebSocket, proprietary) for integrations. |
No information available |
|
TCA (Transaction Cost Analysis) Comprehensive post-trade and real-time analytics on execution quality and costs. |
No information available | |
|
Pre-Trade Analytics Tools to estimate impact, spread, and market conditions prior to order submission. |
No information available | |
|
Slippage Tracking Measures price impact between arrival and executed price. |
No information available | |
|
Benchmarking (VWAP, TWAP, etc.) Compares execution performance to standard market benchmarks. |
No information available | |
|
Venue Analysis Breakdown of execution across different venues and liquidity providers. |
No information available | |
|
Real-Time Fill Quality Monitoring Alerts and reporting on execution quality as fills occur. |
No information available | |
|
Customizable Analytics Dashboard Ability to create personalized views and reports. |
No information available | |
|
Historical Data Retention Retention period for trade and analytics data. |
No information available | |
|
Automated Alerts Customizable alerts for outlier/exception analytics. |
No information available |
|
Native/Custom Algos Support for proprietary and third-party execution algorithms. |
No information available | |
|
Algorithm Parameterization Users can configure and adjust key parameters for each algorithm. |
No information available | |
|
Algo Scheduling Set start/end times and scheduling for algorithmic orders. |
No information available | |
|
API for Algo Integration APIs to integrate custom algorithmic strategies. |
No information available | |
|
Pre/Post-Trade Risk Controls for Algos Prevents out-of-bound algo behavior (e.g., fat finger, price limits). |
DMA with pre-trade risk controls is explicitly mentioned in the description. | |
|
Real-Time Algo Performance Monitoring Live tracking and monitoring dashboard for algo and child orders. |
No information available | |
|
Backtesting Environment Sandbox to test and simulate algorithms with historical data. |
No information available | |
|
Number of Concurrent Algos Maximum number of simultaneous algorithmic strategies. |
No information available | |
|
Strategy Simulation Run simulations prior to live execution. |
No information available |
|
Credit Limit Checks Checks for available trading limits in real-time. |
DMA risk controls typically include real-time trading/credit limit checks. | |
|
Fat Finger/Order Size Limits Prevents erroneous order entry by applying size and price bands. |
Risk controls for DMA routinely enforce order size and price limits ('fat finger'). | |
|
Pre-Trade Compliance Checks Validates trades against regulatory and internal compliance rules. |
Described as having compliance and risk controls; pre-trade compliance is a core DMA requirement. | |
|
Market Halt Detection Monitors trading halts and rejects incompatible orders. |
No information available | |
|
Automated Rejection Automatic rejection of non-compliant or failed pre-trade risk orders. |
Pre-trade risk monitoring in DMA solutions enforces auto-rejection of non-compliant orders. | |
|
Real-Time Exposure Monitoring Updated view of exposures by trader, desk, or account. |
DMA solutions generally provide real-time monitoring of exposures for risk management. | |
|
Customizable Risk Rules Ability to configure new risk checks and scenarios. |
No information available | |
|
Pre-Set Risk Profiles Predefined risk settings by account/user/group. |
No information available | |
|
Alerting for Breaches Sends alerts for risk breaches or near-limit events. |
No information available | |
|
Speed of Risk Evaluation Average time for risk checks prior to order submission. |
No information available |
|
Customizable Dashboards Users can configure layouts, widgets, and displays. |
No information available | |
|
Web-Based Access Platform accessible through secure browser interfaces. |
No information available | |
|
Mobile Compatibility Access via mobile devices (iOS, Android). |
No information available | |
|
Multi-Language Support User interface available in multiple languages. |
No information available | |
|
Single Sign-On (SSO) Supports SSO integration for user authentication. |
No information available | |
|
Real-Time Notifications Alerts, confirmations, and updates pushed live to UIs. |
No information available | |
|
Theming/Branding Options Ability to apply custom color schemes/statements. |
No information available | |
|
User Roles & Permissions Granular control over feature access and user entitlements. |
No information available | |
|
Drag-and-Drop Order Entry Quick entry and modification of orders via GUI. |
No information available | |
|
Keyboard Shortcuts Efficiency with hotkeys for common tasks. |
No information available |
|
Automated Trade Capture Automatic capture and booking of executed trades. |
No information available | |
|
Reconciliation Tools Automated reconciliation of trades with counterparts and custodians. |
No information available | |
|
Confirmation Generation Ability to produce, send, and track trade confirmations. |
No information available | |
|
Trade Allocation Post-trade allocation of executed trades to funds/accounts. |
No information available | |
|
Regulatory Reporting Integration Automated generation and submission of required regulatory reports (MiFID, EMIR, etc.). |
No information available | |
|
Client Custom Reports Customizable reporting formats for clients and stakeholders. |
No information available | |
|
Audit Trail Comprehensive, immutable record of all post-trade actions. |
No information available | |
|
Data Export Export data in standard formats (CSV, Excel, XML, etc.) |
No information available | |
|
Automated Settlement Instructions Handles STP (Straight Through Processing) for settlement operations. |
No information available | |
|
Trade Matching Speed Average time to match and confirm trades post-execution. |
No information available |
|
Regulatory Rule Engine Configurable engine for automatic application of current regulations. |
No information available | |
|
Audit Logging Records every user action, system change, and trade event. |
No information available | |
|
MiFID II / EMIR / Dodd-Frank Compliance Features to directly support global regulatory requirements. |
As a venue-connected DMA product from SIX, MiFID II compliance is expected and likely required. | |
|
Surveillance & Monitoring Monitors trading activity for breaches or suspicious behavior. |
No information available | |
|
Automated Flagging/Alerts Automatic alerting for compliance or behavioral thresholds. |
No information available | |
|
Secure Data Archival Long-term, secure archiving of trade and communication records. |
SIX is a regulated exchange and offers data retention/archival for regulatory compliance. | |
|
User Access Logging Tracks and records all user access events. |
User access logging is a standard compliance and security requirement for DMA and exchange-related products. | |
|
Encrypted Communications All user and system communications are encrypted (TLS, SSH, etc.). |
Product is hosted by a financial institution—secure encrypted communications (TLS) is standard. | |
|
Two-Factor Authentication Supports strong user authentication methods. |
No information available | |
|
Reporting Automation Automatic generation and delivery of required regulatory reports. |
No information available |
|
OMS/EMS Integration Seamless integration with Order Management/Execution Management Systems. |
DMA solutions integrate with in-house OMS/EMS for fund managers/institutional investors. | |
|
Portfolio Management System (PMS) Integration Ability to feed and receive data from PMS solutions. |
No information available | |
|
Custodian/Prime Broker Integration Trade and settlement connectivity with custodians and primes. |
No information available | |
|
RESTful APIs Well-documented, open APIs for integration with in-house systems. |
RESTful APIs are widely available with DMA products for integration to trading infrastructure. | |
|
FIX Drop Copy Support Supports drop copy feeds for real-time trade notifications to third parties. |
FIX drop copy is supported by most exchange DMA offerings for trade notifications. | |
|
Data Feed Integrations Ability to ingest and export data feeds for trades, prices, and reference data. |
No information available | |
|
Open Architecture Easily extensible and modular system design. |
No information available | |
|
ETL Tools Built-in tools for Extract-Transform-Load (ETL) of external data. |
No information available | |
|
Support for Industry Standard Protocols Integration support for standard protocols (SWIFT, FpML, etc.). |
No information available | |
|
Workflow Automation Hooks APIs or tools to trigger or respond to workflow automation events. |
No information available |
|
24/7 Technical Support Availability of live support around the clock. |
SIX, being a systemically critical financial infrastructure, offers 24/7 technical support for institutional clients. | |
|
Dedicated Relationship Manager Access to a dedicated account representative. |
No information available | |
|
Onboarding & Training Programs Structured onboarding and staff training offered. |
No information available | |
|
Comprehensive Documentation Detailed user, API, and integration documentation. |
DMA platforms for institutional customers are supplied with comprehensive documentation and onboarding materials. | |
|
Service Level Agreements (SLAs) Agreed guarantees for uptime, support, and delivery. |
SLAs are common for direct exchange access infrastructure. | |
|
Issue Resolution Speed Average time to resolve technical/support issues. |
No information available | |
|
User Community/Forums Availability of active user or developer communities. |
No information available | |
|
Multi-Channel Support Support available via phone, email, chat, and portal. |
No information available | |
|
Regular Software Updates Scheduled updates and proactive vulnerability patching. |
SIX, as a tier-1 market infrastructure provider, performs scheduled maintenance/updates as a compliance and operational best practice. | |
|
Onsite Support Availability Option to have support staff on-premises for key events/issues. |
No information available |
|
Data Encryption At Rest and In Transit All data is encrypted both during storage and network transfer. |
SIX is a regulated critical infrastructure and must provide encryption for data at rest/in transit. | |
|
Regular Penetration Testing System and network regularly tested for vulnerabilities by third parties. |
No information available | |
|
Role-Based Access Controls Granular access privileges based on job roles and responsibilities. |
Role-based and granular access control is an industry standard for financial exchange-connected services. | |
|
Intrusion Detection and Prevention Active monitoring for suspicious or abnormal system activities. |
Intrusion detection and prevention systems are standard for direct market access and exchange gateways. | |
|
Secure Audit Trail Tamper-proof logging of system and user activities. |
Audit trail integrity is a standard regulatory requirement for exchange products. | |
|
Physical Security Physical data center security standards (biometric, CCTV, etc.). |
SIX data centers are known to use advanced physical security suitable for financial IT infrastructure. | |
|
Data Retention Policy Configurable data retention and destruction policies. |
Data retention policy is a regulatory and operational norm for exchange trading services. | |
|
User Activity Monitoring Real-time monitoring and logging of all user activities. |
User activity monitoring is routine for compliance and operational security in exchanges and DMA. | |
|
Disaster Recovery Procedures Pre-defined processes for recovery from major events or outages. |
Business continuity/disaster recovery is a regulatory requirement for exchange infrastructure. | |
|
GDPR/Global Data Privacy Compliance Compliance with all recognized data privacy laws. |
SIX adheres to GDPR and Swiss data privacy laws; compliance is expected for such a product. |
This data was generated by an AI system. Please check
with the supplier. More here
While you are talking to them, please let them know that they need to update their entry.