MESH

Order Routing Access Control

Enables buy side firms to maximize liquidity, while helping sell side institutions to attract maximum order flow.

Buy side firms get access to our growing, broker-neutral community of broker/dealers, exchanges, crossing networks, automated trading systems and ECNs.

For the sell side, we aims that our links will cover all the major institutions to include nearly all major buy side firms in the US, Europe, East & south Asia and the MENA Region, so that it will provide  a rich source of potential orders.

MESH

• IT-Absolute Company is proud to introduce its advanced Order Routing Access Control (MESH) service, that's enabling brokerage firms (as sell side company) to attract maximum orders flow from all companies and financial institutions around the world (buy side companies) that don't have the direct market access to execute orders in a certain equities markets.
• MESH will give the brokerage firm the ability to deal with all buy/sell side institutions (local banks, local investment companies, Hedge funds, regional and international brokerage firms, funds management companies, and many other trading entities), the brokerage firm that applying the MESH is able to enter the market consequently maximize the liquidity. This could be done by utilizing the FIX international standard protocol for interconnections, also MESH can interface through any other integration methodologies or trading protocol.
• MESH make the local brokerage firm able to send/receive orders from and to all local and international buy/sell side companies easily and instantly, converting the broker from local company to international service provider (Sell & Buy side).

MESH Features:

• MESH is a comprehensive component and solution where local brokers will be able to receive local, regional and international trading to their order incoming flow.  Most institutions in the region find it difficult to send or receive regional and international trading due to number of issues including unreliable service levels, unavailability of real-time information, costly manual order execution and delayed reconciliations, etc.  MESH will offer brokers in the regions a comprehensive and high quality solution to allow them to offer their customer local, regional and international brokerage services. Main features as the following:
  • Improve efficiency: while MESH has the ability to use a single FIX connection for each broker.
  • Add new order sources easily: creating new connections overnight
  • Add new order destinations easily: creating new connections overnight
  • STP: enable straight-through processing from MESH to the internal order management system and back office
  • Monitoring & Tracking: monitor the progress of all orders from routing and execution to end-of-day reports and accounting systems.
  • Validation & conversion: able to receive, validate and convert all orders from different brokers with different trading protocols to one accepted format.