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RIPTIDE Trading is an Applications Service Provider (ASP) providing
a suite of Intuitive Trading Solutions for FIX compliant
order management, routing, direct-access trading, supervisory
management and comprehensive reporting. Together they provide
simple-to-manage paperless components of your integrated Straight-Through-Processing
solution.
Download and install RIPTIDE on your desktop, select
your quote system from one of the industry leading quote platforms,
and you are ready to trade.
Login and see your overnight positions. Click on the bid
or ask price to open an order entry window with your customized
order defaults, displaying only the information you want to see.
Select your routing destinations for price and liquidity, or take
advantage of the latest SmartRouting technologies or algorithmic
strategies. Receive fast executions, monitor P&L, order
status details and average price calculations.
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RIPTIDE is broker dealer and clearing firm neutral, and is integrated
with most major clearing firms and numerous third party systems. From
small hedge funds to the largest global financial institutions, buy-side
and sell-side, domestic and international, RIPTIDE partners with firms
to develop superior trading tools and solutions.
RIPTIDE Direct
Direct access for equities and options to multiple exchanges and ECNs
providing maximum liquidity and system redundancy. Loaded with
intuitive features, state-of-the-art order types and SmartRouting to
meet the demands of a fast-paced, high-volume trading environment.
RIPTIDE WOM™ Working Order Manager
A fully featured Order Management system integrated with all the trading
features of Direct. Receive electronic or phone orders, manage,
execute, report, allocate.
RIPTIDE OverView™
Supervisory console to monitor all account activity for defined user
groups in real-time. Customize views of risk exposure, P&L information,
account limits, or disable/enable trading permissions.
Direct
FIX API
Incoming: Connect any FIX compliant application to the RIPTIDE Routing
and Reporting Network.
Outgoing: Receive
realtime drop copy execution reports and allocations.
RIPTIDE Reports
Clearing firm
Compliance
NASD OATS
NYSE 132 OTS
SEC 11Ac1-5, 6
TAG, MSI
Custom back-office and management reports
