« TheBooks now provides electronic execution of futures and optionsDMAXX support forums are now available »

Strategic Alliance Between DMAXX, LLC and Open E Cry, LLC Brings Straight-Through Processing to the Institutional CTA

04/11/2008

Permalink 01:56:00 pm, by Dana Comolli Email , 402 words   English (US)
Categories: TheBooks, Electronic Trading

Strategic Alliance Between DMAXX, LLC and Open E Cry, LLC Brings Straight-Through Processing to the Institutional CTA

CHICAGO, IL - DMAXX, LLC, a leading supplier of middle and back office systems to institutional commodity trading advisors, and Open E Cry, LLC, an industry-leading direct access futures brokerage firm, and pioneering developer of futures trading technology, today announced a strategic alliance to provide seamless integration between their platforms. The resulting solution will provide the institutional CTA the first fully integrated, straight-through processing operating system, encompassing the front, middle, and back office functions, tailored specifically to institutional CTAs with managed accounts.

The combination of Open E Cry’s industry-leading, global direct access futures trading network and their OEC Trader platform with DMAXX’s fully integrated middle and back office software, TheBooks®, provides un-paralleled automation to the alternative investment manager. The resulting platform provides electronic and pit market access, dynamic block allocations, multi clearer trade routing, position management, broker reconciliation, risk management, performance accounting and reporting, as a single, fully integrated solution.

Discretionary and systematic traders will find the resulting solution delivers an operating platform not previously available to the institutional futures trader. The functionality to seamlessly combine long and short term algorithmic trading along side of discretionary screen trading into the middle and back office functions will now be available off the shelf to the institutional CTA.

About DMAXX, LLC
DMAXX, LLC has been providing Futures Trading and Accounting software and services to members of the Managed Futures industry since 1994. Our flagship product, TheBooks®, is a comprehensive, scalable application tailored to the needs of the alternative investment advisor with managed accounts. Our years of experience, product functionality, and dedication to customer service have made us the vendor of choice by institutional CTAs worldwide for more than fourteen years.

About Open E Cry, LLC
Open E Cry, LLC is a direct access FCM that offers online trading for both electronic and pit markets through our proprietary software. We have developed a set of complex systems and order routing technology specifically designed to meet the high standards of CTAs, hedge funds, FCMs, Prop Shops, Arcades and other high volume commodities and futures traders. This technology can be accessed through our industry-leading trading front end, OEC Trader, or through direct access to our API. Our focus is to provide the best execution possible to ensure maximum speed and reliability, while minimizing total transaction costs.

Contact DMAXX, LLC:
Dana Comolli
1.847.234.4969 x11
http://www.dmaxx.com

Contact Open E Cry, LLC:
Brian Weis
1.800.920.5808 x4484
http://www.openecry.com

DMAXX News and Announcements

January 2009
Sun Mon Tue Wed Thu Fri Sat
 << <   > >>
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

News and Announcements from DMAXX, LLC.

Search

XML Feeds

powered by b2evolution