Rostro Group has deployed the Iress Order Management System to provide professional traders and institutional investors with access to an expanded universe of exchange-traded securities.
With the integration of Iress to Rostro liquidity via a dedicated API, clients can now execute and clear both OTC and on-exchange markets, using the trading infrastructure from Iress, which is still subject to the usual onboarding and due diligence process.
From now on, Rostro’s range of products, instruments, and suite of execution strategies will be available for clients via Iress Viewpoint, Iress Professional, and also Bloomberg EMSX.
“Adding full DMA capabilities to our offering”
Michael Ayres, Group CEO at Rostro, said: “We have been building out our reputation as a multi-asset, multi-market broker, attracting significant volumes of new business as a result. This integration allows us to add full DMA capabilities to our offering, facilitating access to an even wider range of exchanges and instruments. The Iress technology enables us to significantly accelerate our growth plans, which extends our market reach by placing our execution and product offering alongside that of many of the world’s leading institutions.”
Sam Steele, Chief Investment Officer at Rostro, stated: “Customers can gain access to over 40,000 instruments, across Equities, both swap and cash, alongside our offering of FX, Metals, Fixed Income and Commodities. We continue to scale our high touch service catering to a strong customer experience, alongside the expanding technology capabilities to enhance their trading and investment needs. Iress, as a companion to our proprietary back-office suite, means our clients are able to gain access to extensive market coverage with the ability to also provide bespoke reporting to the end user.”
Debbie Kaye, Head of Iress UK Trading, added: “We are delighted to welcome Rostro to Iress. This onboarding offers Rostro’s clients seamless access to trade CFDs, as well as Equity Options, via Iress Order Management system. Our cloud-native FIX Hub also provides connectivity to a broad pool of institutional trading brokers across global markets”.
Rostro is led by Michael Ayres, the former chief operating officer at Equiti Capital. Prior to Equiti, Ayres, who has over 15 years of experience in the forex industry, was the operations director at GKFX.
The financial group acquired Belize-based FX and CFDs brokerage Scope Markets two years ago in an all-cash deal. Scope Markets, which is domiciled in Belize and regulated by the International Financial Services Commission (IFSC), is controlled by UAE-based entrepreneur Serkan Ismailoglu. The Middle East-focused broker also operates regulated entities in Africa, Cyprus, and Mauritius.
