tick Trading Software

TradeBase MX is a trading platform offered by tick Trading Software AG. According to the vendor, it is designed to connect companies with stock exchanges worldwide, providing a range of applications for trading various asset classes on multiple trading venues. The product is targeted at small and large trading houses, banks, market makers, and software providers. It is used by traders, risk managers, compliance officers, brokers, and financial institutions.

Key Features

TBMX Trading Platform: According to the vendor, the TBMX Trading Platform offers a secure connection to stock exchanges worldwide. It is certified for various trading venues, including Deutsche Börse AG, Euronext Cash, London Stock Exchange, NASDAQ, NYSE, CME, Singapore, Shanghai, and more. The platform provides solutions for different asset classes and trading venues, with integration options for order entry via FIX or APIs.

e-Trading Compliance Monitor: The e-Trading Compliance Monitor seamlessly monitors trading activities to help trading houses comply with MAD 2/MAR regulations. According to the vendor, it aggregates order actions from all connected trading systems for real-time analysis, enabling monitoring of order flow for anomalies and compliance with regulatory requirements. Various monitoring reports are available for detecting order manipulations and market abuse.

tick-TS Cloud: The tick-TS Cloud feature aims to reduce infrastructure costs while providing efficiency and convenience. According to the vendor, it offers maximum availability and scalability in secure data centers in Frankfurt am Main. The resource control is tailored to specific requirements, and the low response time latency is achieved through multihome Internet upstream. The tick-TS Cloud provides trading, compliance, and reporting as a service.

TradeBase MX Frontend: The TradeBase MX Frontend allows for order entry via the TBMX Trading frontend, with connection options via FIX or APIs. According to the vendor, it provides multiple ways to unify order flow and prepare for different markets, with support for various FIX dialects. The TradeBase MX Frontend also offers simple integration with a suite of applications.

TradeBase MX Server: The TradeBase MX Server serves as the TBMX Core System for unifying order flow and preparing for interfaces. According to the vendor, it connects with different hardware platforms and operating systems, offering scalability and customization to meet specific business needs. The TradeBase MX Server supports various trading venues and brokers.

e-Trading Compliance Monitor (ECM) Frontend: The ECM Frontend is a web-based frontend that enables real-time analysis of order flow to comply with regulatory requirements. According to the vendor, it offers a t+x mode for analyzing order flow after data is stored in the ECM database. This feature allows monitoring of various trading manipulations and anomalies, and it can be used in combination with the TradeBase MX Pre-Trade Risk Engine.

ECM Gateway: The ECM Gateway aggregates trading orders from various systems for analysis, ensuring seamless monitoring of all trading activities. According to the vendor, it enables real-time checking of order flow for anomalies, helps detect manipulations, and ensures compliance with regulatory requirements. This feature enhances risk management and compliance for banks, brokers, and trading houses.

tick-TS Cloud Extensions: The tick-TS Cloud Extensions feature allows users to extend their cloud infrastructure with additional applications. According to the vendor, it offers ready-to-use solutions like SaaS for TradeBase MX and ECM, as well as the ability to run third-party solutions in the cloud for cost reduction.

Real-time Market Data: The Real-time Market Data feature provides traders with up-to-date market information, including prices, volumes, and market depth from various exchanges and financial instruments. According to the vendor, this enables traders to stay informed about the latest market trends and make well-informed trading decisions.

Order Management: The Order Management feature enables traders to efficiently manage and execute orders. According to the vendor, it supports order routing, order types, and order customization to meet specific trading strategies. Traders can monitor, modify, cancel, and track order history using the provided tools.