TradeSTP Core

In addition to integration with customers' own applications and post-trade environments, TradeSTP has been integrated with over 40 vendor applications, and the list grows continually. Go to www.logicscope.com for a complete list of current vendor integrations.

TradeSTP Core supports the following asset classes:

• FX (cash/options)
• Money Market
• Commodities
• Equities
• Bonds
• Interest Rate Swaps
• Futures and Options

All trades are normalised and mapped through TradeSTP using industry standard FpML, supporting more efficient management of cross-asset position-keeping and credit utilisation.

• Real-time, guaranteed trade notification
• Real-time, cross-asset position updates
• Enhanced operational, credit and risk management
• Minimal IT resource requirement
• Standard adapters for rapid deployment; customised adapters built as required

One-time integration with TradeSTP Core creates a single, consolidated channel for receiving trade notifications from multiple trading venues, including banks, brokers, ECNs and exchanges. Trades can be streamed simultaneously to branch, regional and global back office applications.

TradeSTP captures trade notifications from over 50 venues. This is a continually-growing list - if customers require a connection that we don't support today, we will develop it.

TradeSTP supports all industry standards including FIX, FpML and TOF and technology standards (e.g. MQ, EMS, SOAP). TradeSTP technology is future-proofed, evolving continually to reflect software advances and industry trends.

A key differentiator for TradeSTP Core is that it is built to fit your target post-trade environment(s), NOT the other way around. As well as superior post-trade connectivity, we minimise the effort typically involved with bespoke client-side integration through:

• End to end testing using customer-specific data
• First line technical support
• Pro-active trade flow monitoring:
  • 24/7 service support
  • Real-time, web-based monitoring of connection states and trade notification statistics.

In normal operation deals contributed to TradeSTP are guaranteed to be delivered sub-second to your specified post-trade application. When offline, trades are queued and delivered when the system comes back online.

Trade notifications can be delivered across the Internet and/or Radianz /Savvis networks. Fully-hosted TradeSTP server environments in Europe and North America offer a resilient, 2-tier clustered infrastructure with:

• No single point of failure
• Network security and resilience managed by Radianz (Europe)and SAVVIS (US),
• both market-leaders in the provision of mission-critical infrastructures
• Payload compression (significantly reduced bandwidth)

Clients desiring a 'zero foot-print' can connect directly to TradeSTP to retrieve trade information using industry standard FIX 4.2/4.4, TOF IP and MQ middleware protocols.