Electronic Trading has become the de-facto standard in regards to transacting on virtually all financial markets around the world. In an effort the reduce transaction costs, increase transparency and attract liquidity, market participants have been constantly searching for new ways to automate their order flows and hence reduce their dependency on manual, time consuming human intervention.

At Lucsan Capital (LC), we provide our clients with consultancy and implementation expertise across the electronic trading arena with particular focus on the following areas:

FIX Connectivity / Engines: FIX is now the standard for the submission and receipt of data associated with electronic execution. LC is an active user and advocate of the FIX Protocol and architecture.

Exchange and Electronic Communication Networks (ECN's) Interfacing: Where services such as FIX are not being used a trading party may use a proprietary interface into an exchange. LC has over a decade of experience with exchange interfacing.

Market Data: Market Data is key to electronic execution especially in regards to the order submission decision making process. It is essential that a trading party has up to date and timely market data if they wish to benefit from the speed of execution increase electronic trading offers.

Crossing (Internalisation) and Other Light / Dark Pool Systems: The qualitative benefits of crossing systems have been well documented for some time and include faster execution, reduced transaction cost, reduced market impact, reduced volatility and price improvement. It can be expected that exposing these crossing systems, with their associated benefits, to clients will lead to increase in order flows. Other system and pools of liquidity (dark pools) formed from brokers' order books and other off-market liquidity venues, are designed to help clients achieve the best possible execution price.

Independent Software Vendors: ISV's provide centralised platforms designed to access multiple markets while providing a standard interface. Establishing mechanisms to integrate ISV platforms into other parts of a trading infrastructure remains key to accessing the full benefits from electronic trading.

DMA:  Direct Market Access allows buy side firms to more directly access liquidity venues for financial securities. LC can facilitate 'buy side' firms to implement an effective process allowing them to assert a greater amount of control over the way transactions are executed in a market place.

Bespoke Financial Market Interface Development: LC has engineered and developed a number of interfaces for various clients using OI libraries.

Trading System Certification: LC has assisted many exchange participants with the required automated electronic processing certification and system conformance to gain access to production systems across all asset classes, i.e. ACOP / APOP.

LC works with many of the leading global financial institutions, including banks, broker-dealers, exchanges, ECN's, and investment managers. Our services and products place focus on high performance and low latency, by capturing our company’s unique insight and extensive experience in the exchange marketplace.