Refinitiv launches REDI EMS to expand its broker-neutral, multi-asset trade execution tailored for the Indian domestic market

Specific to the India market, REDI EMS supports DMA, Care and One-touch orders along with Notification of Execution (automated capture of orders keyed-in at the broker).

India: Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, has launched REDI EMS, an open and powerful electronic trading platform in India. It is an award-winning execution management system (EMS) that offers multi-asset trading functionality and comes with access to more than 200 certified execution brokers, many of the major prime and clearing brokers, and more than 650 brokers on the Autex Trade Route service.

Specific to the India market, REDI EMS supports DMA, Care and One-touch orders along with Notification of Execution (automated capture of orders keyed-in at the broker).

Investment professionals can implement a wide array of trading strategies using the platform’s advanced tools, rich analytics, flexibility to integrate with broker specific algorithms, as well as leverage powerful workflow and compliance tools. The REDI EMS also offers an Application Programming Interface (API) tool that empower software developers/ engineers to build custom applications.

Through a single point of entry, a REDI EMS customer can now submit orders for their nominated broker to execute– from single stock to futures trading to basket/list trading. REDI EMS offers a suite of integrated functionality with prime brokers and clearing firms to facilitate position management and reporting requirements, alongside an allocation’s module allowing for real-time confirmations. The platform will also facilitate advanced post-trade capabilities including trading, risk analytics and will also allow buy-side to connect to their broker of choice.

Customers will also have access via API or FIX to facilitate order staging with leading OMS providers, including Refinitiv’s AlphaDesk, a cloud-based multi-asset class order management and portfolio management system. The use of APIs in buy-side trading strategies helps to deliver highly automated and fully customised solutions to support complex workflows.

In addition to automating trade execution, the system feeds trading activity to back office systems, fund administrators, and custodians, among others.

“The future of trading is indelibly intertwined with technology innovation and we expect automation to be a huge source of new data going forward. With REDI EMS, users will no longer need multiple systems and logins to manage their trades and can implement a wide array of trading strategies using Refinitiv’s advanced tools. The platform will enable our users to effectively navigate trade execution by reducing errors. Through the launch of REDI EMS, we will be able to provide a truly superior offering to our customers in India.” said Gautam Verma, Head of South Asia at Refinitiv.

Refinitiv’s REDI EMS platform already provides global, multi-asset coverage to its regional and global clients to trade and execute any listed equity options or futures instrument in over 80 countries across America, Europe, Middle East, Asia and Africa. For more information on Refinitiv REDI EMS, visit here.

About Refinitiv

Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, serving over 40,000 institutions in approximately 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community – driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime. For more information visit: www.refinitiv.com

Disclaimer: REDI Global Technologies LLC is a member of FINRA/SIPC. REDI Technologies Ltd. is authorised and regulated by the UK Financial Conduct Authority. This communication is only intended for institutional customers and eligible counterparties as defined by the respective regulators/authorities. REDI services and related services are not available in all jurisdictions.

Contacts

Stuti Singh
Corporate Communications, South Asia
Phone: +912261807174
stuti.singh@refinitiv.com