Matching Engine / Straight Through Processing

Can be deployed as a stand-alone order matching application, or used as an embedded element of the OMS. Handles Multiple Order Types such as MARKET, LIMIT, STOP, STOP_LIMIT, and STOP or LIMIT orders with SL and/or TP conditional legs. Instrument agnostic means your engine can handle any tradable instruments.

Emulation Mode

Match against an incoming quote stream and issue a new order rather than simply providing match executions, allowing emulation of order types not supported by providers (e.g., a STOP can be provided by internally triggering against a quote and issuing a MARKET order to the underlying provider).Sub-millisecond matching time using a price/time/ID algorithm to ensure fair matching. Matching is fully multi-threaded and can be divided between machines by handling different instruments on separate machines.

Market Data

Matching engine generates an event stream which the Feed Handler can use to distribute level 1 (best bid/offer) and level 2 (depth of book) market data updates.

Multiple APIs

In stand-alone operation, orders can be added to the book via FIX 4.4, or as JMS messages containing appropriate order objects. As an OMS component, the full range of APIs (FIX, SOAP, JSON over REST) are available.

MT4 Liquidity Bridge

The MARX Liquidity Bridge is the only technology that will export your MT resting orders to your STP provider or your internal Order book. Perfect for seamless interfacing with your provider in market making operations. The MARX bridge routes by Security Group and exists happily with other bridges and plugins.

A complete vertical chain relating to the brokerage enterprise. Web Services, Market Data Management, Order Management, Execution Management and  Analytics. A complete line of Metatrader plugins, including bridges, feeders and asset management tools.

Small , medium and large brokerages will find the system adaptable to their business models using our module architecture. As your firm grows, you can incrementally expose sophisticated functionality.

MARX not only saves you money, but also exposes new income streams without any further investment. MARX was designed over several years yet remains flexible to emerging markets and fresh ideas.

A complete back end UI interface for building White Labels, Markets and Instruments, Routes, Grey Labels, Destinations and Gateways.

Take advantage of a progressive approach to distributed computing and shared resources, reducing IT costs and speeding delivery of services to your clients.