Rostro Group announced today (Wednesday) that it has integrated with the Iress Order Management System, enabling professional traders and institutional investors to access exchange-traded securities. The integration involves connecting Rostro liquidity via a dedicated API.
Additionally, Rostro’s clients can now execute and clear both OTC and on-exchange markets, using Iress’s trading infrastructure.
Enabling Direct Market Access
“We have been building out our reputation as a multi-asset, multi-market broker, attracting significant volumes of new business as a result,” said the Group CEO of Rostro, Michael Ayres. “This integration allows us to add full DMA capabilities to our offering, facilitating access to an even wider range of exchanges and instruments.”
“The Iress technology enables us to significantly accelerate our growth plans, which extends our market reach by placing our execution and product offering alongside that of many of the world’s leading institutions.”
The latest integration with Iress will allow Rostro's clients to get full access to products, instruments, and a suite of execution strategies via Iress Viewpoint, Iress Professional, and also Bloomberg EMSX. They can gain access to over 40,000 instruments, across equities, both swap and cash, alongside our offering of FX, metals, fixed income, and commodities.
“This onboarding offers Rostro’s clients seamless access to trade CFDs, as well as Equity Options, via Iress Order Management System,” said Debbie Kaye, Head of Iress UK Trading. “Our cloud-native FIX Hub also provides connectivity to a broad pool of institutional trading brokers across global markets.”
Expansion Is Priority
Rostro also expanded its presence in the retail trading industry by acquiring Scope Markets in February 2022. Under the new ownership, the broker’s management was heavily shuffled, and operational changes were made. The focus on expanding the Scope Markets brand globally was also accelerated.
The focus is also shifting to the institutional liquidity division as Scope Prime recently onboarded Andrew Taylor, a veteran with over three decades of experience, as the Head of the APAC region.
Commenting on the latest Iress integration, Rostro’s Chief Investment Officer, Sam Steele, said: “We continue to scale our high-touch service catering to a strong customer experience, alongside the expanding technology capabilities to enhance their trading and investment needs. Iress, as a companion to our proprietary back-office suite, means our clients are able to gain access to extensive market coverage with the ability to also provide bespoke reporting to the end user.”
