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Automated FX order insourcing and outsourcing to member banks
Barracuda FX Order Hub automates the steps involved in passing orders to member banks over a fully hosted network.
The decision-making process is fully automated, while remaining transparent, auditable, and secure. Liquidity takers retain client relationships and control the risk routing, while liquidity makers insource orders.
Key use cases for Barracuda FX Order Hub:
- Overnight book
- Benchmark risk routing
- White label algos
Award-winning FX order management software solutions
You can use Barracuda FX Order Hub as a standalone component that’s easily integrated with your existing systems, or as part of the Barracuda FX OMS order managmenet solution.
Barracuda FX OMS won the P&L Reader’s Choice Awards for Best FX OMS for 10 consecutive years. It’s deployed as the global order book in over 20 of the top 50 banks globally and supports resting, fixing, and algorithmic orders in FX and precious metals with native access to Order Hub.
Overnight management of resting orders
Automated hedging of benchmark residuals
White-label algos
Insourcing of orders from network
Outsourcing by currency or time zone
Real-time alerts and notifications
Key features
Hedge benchmark positions with partner liquidity providers
Automated placement of back-to-back orders.
Full delegation of out-of-hours order lifecycle events (new, cancel, amend).
Real-time order notifications on client venue.
Outsource management of algos
White-label algos (XTX, FXSpotStream).
Algos as a Service (Pragma, BGC Precision).
Algo management of benchmark positions.
Latest Markets awards
GW Platt FX Tech Awards 2023
FX Markets e-FX Awards 2022
TradingTech Insight USA Awards 2022
GW Platt FX Tech Awards 2022
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