Dhaka, Bangladesh (BBN)– LankaBangla Securities Ltd (LBSL) launched Order Management System (OMS) with Chittagong Stock Exchange (CSE) through API to provide direct market access (DMA) facility to the dealers as well as investors.
“This is the first time in Bangladesh to provide DMA through broker house instead of exchange provided application,” said a statement.
It offers multi-channel e-trading to its customers (web, mobile, and client server) and advantages of multi asset class (Equity, Derivatives, Bond, Commodity etc) trading option, smart order routing, multiple exchanges and cross border supported application, MIS & centralized risk management.
It has ability to create interfaces to other systems such as accounting systems, banking solutions and depository systems and real time access charting with strategies, indicators and patterns.
The Algo trading (VWAP, TAWP, POV, IS etc) and STP-Gate/FIX protocol supported system is the advanced option for the futuristic capital market.
It requires ultra low latency bandwidth and configurable network architecture for broker and investors. LankaBangla Securities OMS is the open platform to integrate with other stock exchange trading engine.
“It is the new milestone for the capital market. LanakBangla Securities leads the market with new dimension by implementing the OMS. From now dealers and inventors can place the order based on conditions and strategies using real time technical analysis and risk management,” said Muinul Islam, CTO & Director of LankaBangla Securities.
Mohammed Nasir Uddin Chowdhuary, managing director of LankaBagla Finance inaugurated the new trading OMS and Md Khairul Anam Chowdhuary, CEO and Director, Branch Managers, CSE representatives and foreign delegates were present.