FIX-related products and services

Global Emerging Market Access

Marco Polo Network Inc. FPL
75 Broad Street
New York, NY 10004 US

For firms that originate trades into emerging markets and local brokers that execute them, Marco Polo is the electronic, FIX-enabled trading network that brings transactions into compliance with regional rules and regulations, allowing for seamless cross-border transactions.
These capabilities are multi-directional. Traders that are based in the emerging markets can use the same platform to execute trades outside of their own borders. Marco Polo normalizes across all versions of FIX and security reference data.
Marco Polo enables users to get more from their existing systems, as our plug-and-play platform works with all leading order management applications. Linking to our network gives users one FIX-enabled connection to the emerging markets, eliminating the fixed costs of creating and maintaining individual connections in each marketplace.
Our 24/7 client service covers the global trading day, with teams in New York City and Bangalore. Our data centers are located in the US, in Europe and in Asia. This global coverage means that connections and trades are always supported and always monitored. To ensure seamless execution of trades and minimize exceptions, the client service
• Monitors all connections for operations and exceptions
• Vigilantly watches over network performance
• Identifies and manage exceptions including mismatches and expirations
• Answers technical questions and provides statistical data support
Currently, we support trading of listed equities and equity derivatives. We are adding fixed income capabilities in 2007. As the emerging capital markets evolve beyond these products, we will be the first to offer electronic trading in the new asset classes, growing along with the markets and clearing the path for our clients.
Whether the trader sits on a Statistical Arb desk, employs algo-driven strategies, or trades portfolios, bursts and linear baskets of stocks, Marco Polo supports all trading styles.
• DMA (Direct Market Access): send orders straight to linked exchanges from anywhere in the world
• Worked orders: via instructions transmitted by FIX, local brokers work orders as directed

Asset Class

Equities, FX, Listed Derivatives

Coverage

Africa, Asia-Pacific, Australia, Central America, Europe, Japan, Middle-East, North America-Canada, North America-USA, Russia, South America

Domain

Order Routing

FIX Version

4.0, 4.1, 4.2, 4.3, 4.4

Functionality

Allocations and Settlement Instructions, Orders and Execution Reports

Services

Extranet, FIX Gateway, FIX Messaging and monitoring, FIX point-to-point connectivity, Network

Used by

Jefferies Execution Services

Web site

http://www.marcopolonetwork.com

Contact