Wipro designed, developed and implemented an Order Routing System (ORS) - ORS provided the brokerage house with an internal network for collecting orders via local or remote Trader Workstations with connectivity to multiple execution venues. It also acted as an agent to a crossing venue, internal or external (stock exchanges), for executing these orders.
Data feeds from the Exchange(s) provide real-time trade information to the traders, and orders can be routed to any specific Exchange of which the brokerage house is a member of. |