ELAXY Transaction Routing Server – Approach

Intelligent software for good business
With ELAXY TRS you have available a secure, high-performance solution for transaction processing that supports the direct exchange of transaction data between your in-house systems and the well-known trading systems. Via this central interface to the market you offer your customers rapid and flexible handling of the trade in securities within and outside the stock market. And what does TRS offer your employees? A large number of functions and a high level of user friendliness.

25 new orders handled per second
Expand your range of services with new pioneering services such as the processing of 25 newly registered orders per second in the Xetra trading system. In addition, in all stock exchange trading systems – irrespective of their trading times – TRS allows connection to the following trading systems and contact with the market makers given as examples in each case.

Stock exchange trading systems: Xetra, Xontro, Goldman Sachs Prime Access, SWX/VirtX, Fix-based systems, S.W.I.F.T.-based systems, Nasdaq Deutschland, MAX-ONE, INVESTRO.

Trading systems outside the stock exchanges: Quotrix (e.g. Lang & Schwarz Wertpapierhandel AG, stock exchange dealer, Dusseldorf), TradeLink (e.g. HSBC Trinkaus & Burkhardt KgaA, Lang & Schwarz Wertpapierhandel AG, Merrill Lynch Capital Markets AG), CATS-OS-MQ (e.g. Citibank, Goldman Sachs), XOL – Xavex Online (Deutsche Bank), WTS – Warrant Trading System (Commerzbank).

High-performance and expandable
The Transaction Routing Server supports transaction types for both securities trading on the stock markets and outside them. These include order placement, order cancellation, order confirmations and order completion as well as price questions, buying and selling transactions on the basis of pre-agreed prices even outside the stock exchanges. Thanks to its modular construction, the incorporation into the order management system of further trading partners is also possible at a later date.