Order Management

Digital Vega has implemented an optional integrated order and execution management service. Orders generated from external systems can be imported through XLS, CSV or FIX-based APIs. Filled orders are delivered through the same API.

Orders are validated against a comprehensive set of business rules to ensure invalid requests are not processed. The platform has customisable rules to enable automated or manual aggregation or netting of multiple single-leg orders into combined strategies or netted trades. In addition multi-leg strategies can be split into single-leg options for execution.

The platform provides full control to enable the client to determine which aspects of the order can be edited or changed by traders. Including counterparty mapping restrictions for compliance purposes.

Comprehensive order management tools allow several traders to work on a batch of orders in a coordinated manner. Trades can be configured with a range of time-to-live attributes.