Brokerage-Custody for efficient processing
By combining Broker services, covering electronic execution on a global scale and enhanced broker functionality, with our professional custody service, we deliver exceptionally efficient processing transaction flows.
Brokerage-Custody offers global electronic order routing with real-time execution of orders and automated, real-time posting of trades in your account. This integrated offering meets today’s business challenges as it allows you to focus on your core business to reduce operational risk and to lower their overall costs.
Our services:
- Electronic order capture for all listed instruments on major markets (i.e. equities, options, futures, bonds, structured products, warrants), as well as OTC bonds and non-listed funds
- Online reporting on order status (confirmation of acceptance, order status, partial executions, executed trades)
- Order-book facilities – accept orders with validity of 365-1 days, independent of local market rules
- Low-touch broker service: filter orders depending on liquidity, etc.
- Smart Order Routing, allowing selection of the execution venue with the best available public order book on an order by order basis, including storage and reporting on Proof of Best Execution
- Full reporting on executed trades: number of shares, average price, gross/net amount, fee and local charges or taxes and client reference
- Contractual settlement in your BCC account for smooth operational processing: no need to initiate settlement instructions, or pay additional settlement costs
- Full audit trail in both cash and securities bookings: original order reference is kept on each transaction, from execution to settlement
- You can choose between different options to link your system to our execution platform:
- SWIFT network
- FIX 4.2 messages can be routed over the public internet (VPN) or a secured private network (Reuters, Radianz or others)
- Orders can also be entered in a standard Bloomberg or Reuters terminal