Axes Debuts Global EMS

NEW YORK—Global agency broker Axes launched its multi-currency and multi-asset global execution management system (Gems) today, Axes officials tell DWT.

The new platform provides clients access to over 250 equities and derivatives exchanges located in 100 countries via local brokerages through a single point of access, says Peter Gaffney, president of Axes.

Users can connect to Gems via Axes' thin client front end or a FIX connection to a number of networked access hubs located across the globe.

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Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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