Following the deal, Reuters will certify the Orion Brokers platform as a compatible online platform, allowing easy and secure connection with a single interface via a FIX engine.
The FIX engine has already been added into the Orion TradeSoft Equity platform, Orion Brokers sister Technology Company, and is already used by various brokerage houses in the GCC markets.
Moreover, the newly implemented Order Routing system will allow Orion Brokers to provide an efficient channel of the most liquid regional markets such as the DGCX and DME exchanges. Consequently, Orion Brokers DMCC will become the primary electronic broker in the region with such international presence.
Mr. Younes Ouarzazi, Deputy GM Orion Brokers DMCC highlighted that: “In addition to providing our qualified and institutional access to the world’s major markets, we will now be the gate way for international institutions already certified on the Reuters network to our growing regional exchanges which Orion Brokers is a member of.
Yet a further addition to our state of the Art Multi asset-class platform “Orion Webtrader”.
Sunday, November 4- 2007 @ 14:54 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.