The new ASX trading platform, ASX Trade, is scheduled to launch in November 2010. To support this upgrade, IRESS has made changes to the IRESS suite of products.
IRESS' range of innovative products deliver a smart order routing solution that supports multiple markets, consolidated market data, and order internalisation.
In the second half of 2010, the ASX is planning to upgrade its ITS service, with new features supporting VolumeMatch, Centre Point orders, Centre Point crossings, iceberg and undisclosed orders.
Acknowledging that more Australian fund managers are taking on mandates with an international component, IRESS has expanded its global offering. Building on this, we are also releasing a Buy Side IOS.
From 1st June 2010, ASIC requires reporting of short sell position information. IRESS has implemented a dedicated IOS Plus server to allow clients to electronically report short sell positions to ASIC.
In accordance with ASIC’s recently announced plan to lift the ban on covered short selling of non-financial stocks, IRESS has implemented software changes to accommodate the new short selling disclosure requirements.
The imminent introduction of the AXE ECN, a joint venture between the New Zealand stock exchange and a number of major brokers, heralds an important shift for the Australian market. The IRESS Australian Market Interface (IAMI) is a complete solution for this distributed market environment.
The IRESS FIX Plus Engine is the next generation of the IRESS FIX Engine. The IRESS FIX Plus Engine will interface with IOS Plus and will provide benefits including performance, scalability and reduncancy.