Abu Dhabi based ADS Securities has announced the public launch of its new institutional multi-asset trading platform, OREX Optim. According to the firm, the launch of the proprietary platform comes after two years of development. Company representatives explained to FortuneZ that the platform replaces ADSS Trader which was a white-label solution the broker had been offering to clients.
The launch of OREX Optim, adds a proprietary platform to ADS’s product offerings which also includes an OREX branded white-label version of FlexTrade’s MaxxTrader FX product, as well as MT4. The firm added that advantages of the new platform include a lower latency environment, increased liquidity provider integration, and multi-asset functionality of FX spot, futures, options, equities, and CFDs. As written about in the past, OREX Optim also includes trading monitoring tools from financial solutions firm Corvil.
In the company’s public statement, Andrew Rossiter, ADS Security CTO, explained that the current release is limited to a FIX API version, with a GUI solution expected to be out in the next few weeks. In terms of the product’s target audience, Rossiter stated that, “Today we are launching the FIX API versions of OREX Optim which will be of great interest to institutional traders from tier 2 banks through to asset managers and hedge funds.”