DT Trading (OMS)

DT Trading is DT Suite Front Office module designed for orders management. DT Trading is entirely dedicated to the buy-side industry and provides all functionalities and services required for Trading desks and traders-managers.

Simplified order submission

DT Trading allows sending orders to brokers, paying agents or markets in a simple, rapid and secure manner. Every trader or manager can have a clear view in real time of orders he has to manage and their execution progress as well as of his engagement level.

DT Trading manages modifications of orders during negotiation and allows to confirm, reject or amend them via an integrated communication workflow between negotiation and management teams.
The orders embed a complete and extensible workflow:

• Market transmission control;
• Order consolidation;
• Order expiration and roll;
• Manual entry of executions;
• Executions consolidation with medium price calculation; and
• Multi-portfolio allocation of partial executions.

Electronic STP

Orders may be submitted entirely electronically thanks to the numerous DT Suite standard connectors, which were certified with various brokers:

• FIX connection for traditional Sales Trading or Self Directed Trading (brokers’ DMA or algorithms);
• SWIFT connection: it allows to subscribe or to repurchase UCITS products from paying agents. This quick and reliable connection allows improving cut-off management and normalizing the sending of funds orders; and
• EMS connection: DT Trading may be easily connected to the different market EMS thanks to its integrated EAI.

Traceability and control reinforcement

DT Trading supports a complete Pre-Trade and authorization control system, with all the events being auditable and accessible directly on the orders screen.

Configurable controls, whether blocking or not guarantee the security of the transmission to a broker or to a market:

• Authorization to submit orders;
• Short selling; and
• Limits or Pre-trade ratios crossing.

A fully FO/MO integrated workflow

DT Trading ensures an STP workflow with Middle Office and position keeping operations as well as with all the DT Suite modules.

DT Trading facilitates the generation of operations either during execution or execution consolidation:

• Brokers fees calculation;
• Taxes calculation;
• Custodian fees calculation;
• Movement commissions calculation;
• Net Amount calculation in the portfolio currency in case of automatic change portfolios;
• Calculation of the settlement date and its consideration in the asset; and
• Information on Settlement Instructions (account number, clearing house, custodian, etc).

DT Trading allows users to send electronic operations automatically either to an internal or external trade support trough different formats (SWIFT, flat files, mail, etc). Such operations are immediately available within other DT Suite modules, especially DT Control & Administration.

In conclusion, DT Trading is an easy to use, efficient and entirely STP buy-side OMS which allows management and trading teams to rationalize and simplify their order submission.