Refinitiv launches REDI execution management system in India

Maria Nikolova

Specific to the India market, REDI EMS supports DMA, Care and One-touch orders along with Notification of Execution.

Provider of financial markets data and infrastructure Refinitiv has launched REDI EMS, an electronic trading platform in India. It is an execution management system (EMS) that offers multi-asset trading functionality and comes with access to more than 200 certified execution brokers, many of the major prime and clearing brokers, and more than 650 brokers on the Autex Trade Route service.

Specific to the India market, REDI EMS supports DMA, Care and One-touch orders along with Notification of Execution (automated capture of orders keyed-in at the broker).

Investment professionals can implement a wide array of trading strategies using the platform’s advanced tools, rich analytics, flexibility to integrate with broker specific algorithms, as well as leverage powerful workflow and compliance tools. The REDI EMS also offers an Application Programming Interface (API) tool that empower software developers/ engineers to build custom applications.

Through a single point of entry, a REDI EMS customer can now submit orders for their nominated broker to execute– from single stock to futures trading to basket/list trading. REDI EMS offers a suite of integrated functionality with prime brokers and clearing firms to facilitate position management and reporting requirements, alongside an allocation’s module allowing for real-time confirmations. The platform will also facilitate advanced post-trade capabilities including trading, risk analytics and will also allow buy-side to connect to their broker of choice.

Customers will also have access via API or FIX to facilitate order staging with leading OMS providers, including Refinitiv’s AlphaDesk, a cloud-based multi-asset class order management and portfolio management system. The use of APIs in buy-side trading strategies helps to deliver highly automated and fully customised solutions to support complex workflows.

In addition to automating trade execution, the system feeds trading activity to back office systems, fund administrators, and custodians, among others.

Refinitiv’s REDI EMS platform already provides global, multi-asset coverage to its regional and global clients to trade and execute any listed equity options or futures instrument in over 80 countries across America, Europe, Middle East, Asia and Africa.

Read this next

Digital Assets

SEC apparently approved Ether ETF as VanEck’s listed by DTCC

Amid increasing speculation about the possible approval of a spot Ether (ETH) exchange-traded fund (ETF) in the United States, global investment manager VanEck’s ETF has been listed by the Depository Trust and Clearing Corporation (DTCC) under the ticker symbol “ETHV.”

blockdag

Unlocking Investment Potential: Introducing MoonBag Presale, the Cryptocurrency Set to Surpass ApeCoin and Bitbot

Discover MoonBag Presale, the cryptocurrency set to surpass ApeCoin and Bitbot. Unlock your investment potential now!

Fintech

Playtech sees promising growth despite dispute with Caliplay

Gambling technology group Playtech plc (LSE: PTEC) reported solid financial results for the four months to April 30 as B2B growth and Snaitech’s record performance pushed it towards large gains in revenue.

Chainwire

Multipool Launches LBP on Fjord Foundry Raising $200k in 24 Hours

Multipool, a leading innovator in the blockchain and cryptocurrency industry, launched their Fjord Foundry LBP on May 21st, raising $200k in the first 24 hours.

Chainwire

$BEER, a New Solana-Based Memecoin completes Pre-Sale of 30,000 SOL this week

The Liquid Gold, $BEER, has become the most discussed topic on Solana over the past two weeks. $BEER has skyrocketed into Twitter trends across Europe & Asia, captivating beer lovers worldwide.

Digital Assets

Hong Kong regulator orders Worldcoin to cease operations over privacy concerns

Hong Kong’s privacy regulator has ordered Worldcoin Foundation to cease all operations of its cryptocurrency project in the city, citing risks to privacy and personal data.

Inside View

MT4 vs MT5: Which Should You Choose for Crypto Trading?

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are two sophisticated trading platforms developed by MetaQuotes Software. Although MT4 is the more widely adopted choice, traders must determine which platform is better suited for them and understand the reasons behind this choice. Here’s everything you need to know.

Digital Assets

Intentable.io Launches Intent-Centric Architecture and Marketplace

Discover how Intentable.io, formerly Kiroboflow, is revolutionizing blockchain interactions with its Intent-Centric Architecture and new marketplace for intent-based strategies.

Digital Assets

Crypto ETFs, retail trading spike as Bitcoin nears record highs

BlackRock’s spot bitcoin exchange-traded fund (ETF), which trades under the ticker IBIT on Nasdaq, saw a record amount of cash injection after a quiet few weeks of net outflows. The healthy metrics came as bitcoin briefly traded above the $71,000 level for the first time in a month.

<