Order Router

Argo Order Router is a complete order management system that features FIX interfaces, order history database and order forwarding to multiple trading venues (exchanges, ECNs, ATS, dark pools, brokers). Architecturally, Router consists of several components (connectivity adapters, routing algorithms, order status notification facility) implemented as dynamic link libraries. Optionally, order router can be integrated with Risk Management Server. Innovative inter-process communciation mechanism provides real-time pre-trade risk check with virtually zero latency.

Market Place Connectivity

We have accumulated great experience in building connectivity market places. We have built order router adapters for the following exchanges, ECNs, brokers, service bureaus: CME, ICE, Arca, Bats, Eurex, CBOT, LIFFE, Merrill Lynch, HotSpot, Currenex, IKON, EBS, CQG. We have also built an adapter for our Argo matching engine - SimEx.
Our router is capable of connecting to multiple market places simultaneously.

FIX

We've been earlier adopters of FIX technology, and went through several FIX integration projects with Arca, Bats, Merrill Lynch, CME, ICE, CQG. We have summarized our experience and built a generic FIX adapter, which allows us to reduce turnaround time for a new FIX-based communication link dramatically. You may refer to FIX Protocol LTD (FPL) official website to check if your broker (exchange, ECN, ATS) supports FIX.

To evaluate our Trading Platform please send us a request and provide contact information. We will get back to you shortly.