ADS Securities has announced the official launch of its new trading platform. OREX Optim is the first proprietary multi-asset online trading platform to be commissioned and developed from the Middle East. It represents a multi-million dollar investment in technology which will be accessed by investors from around the world.
Andrew Rossiter, ADS Security CTO, who heads up the OREX Optim team, said: “Advances in technology, predominately driven by the order based (equity) markets are now being adopted by the quote (OTC) market which is changing the operational structure and functionality of FX platforms. Our new generation platform provides a low latency solution with better fill, tighter spreads and low rejection rates which is what clients are looking for. Today we are launching the FIX API versions of OREX Optim which will be of great interest to institutional traders from tier 2 banks through to asset managers and hedge funds.”