LEIF

LEIF is a stock trading platform offered by LeanOn AB, designed to facilitate direct trading in Nordic markets and global markets through various DMA services. According to the vendor, LEIF enables securities companies, banks, financial institutions, investment firms, and asset management companies of all sizes to seamlessly integrate with exchanges and information providers, allowing for real-time transactions and access to market data.

Key Features

Real-time integration with exchanges and information providers: LEIF allows securities companies and banks to trade directly in Nordic markets or globally through various DMA services. The vendor states that LEIF provides real-time information and market data from external services such as Refinitiv and Morningstar, while offering seamless integration with exchanges and information providers.

Platform for transactions, market data, and integration: LEIF serves as a platform for the entire transaction flow, from order receipt to managing trading shares, warrants, funds, and bonds. According to the vendor, LEIF offers real-time information and market data from external services, minimizing the need for future changes in core systems.

Manages the entire transaction flow from orders to deposit: LEIF handles the complete transaction flow, from order receipt and validation to closing management and integration with depot systems. The vendor claims that LEIF is certified for various marketplaces and DMA services, including Nasdaq INET Nordic, Nasdaq Genium INET, NGM Elasticia, SEB DMA, and Nordea DMA.

Integration platform between business and market place systems: LEIF acts as an integration platform between business-critical systems and one or more marketplace systems. The vendor states that LEIF supports various interfaces such as ISO, SWIFT, FIX, JSON, XML, and SQL, enabling seamless information handling and management of published changes in interfaces.

Built for high loads and stability: LEIF is designed to handle high loads and ensure stability. According to the vendor, LEIF can handle hundreds of millions of transactions and price updates daily, with the capability to process up to two billion messages per day and installation.

Ordering via FIX: LEIF enables ordering against stock exchanges and DMAs in various types of listed securities, including shares, warrants, funds, and bonds.

Holdings checks: LEIF provides controls for holdings and reservations of securities or cash and cash equivalents, ensuring accurate management of assets.

Trade towards online markets: LEIF supports limit orders and trigger orders such as stop-loss, allowing users to monitor order status and trade efficiently in online markets.

Obtaining of stock market closure: LEIF facilitates the conversion to ISO15022 for processing clearing and settlement, ensuring smooth post-trade operations.

Market information: LEIF offers real-time information from renowned data providers such as Nasdaq Global Data Products, SIX, Refinitiv, Bloomberg, Morningstar, and Copp Clark, enabling users to stay updated with the latest market trends and insights.