kACE Gateway

kACE Gateway

kACE Pro FXO supports all aspects of FX options activity, from pricing, structuring, price distribution and trading, through to portfolio management and straight-through processing. KACE Gateway builds upon this core functionality to offer a single scalable connectivity solution to meet the needs of an increasingly regulated and electronic marketplace.

kACE Gateway is a Fenics-hosted messaging hub providing two-way communication connecting the kACE Gateway and the many participants of the FX derivatives world.


kACE Gateway functionality that can be enabled:

kACE Gateway is a kACE hosted messaging hub that provides two way communication between a customer’s kACE TS deployment and the many participants of the FX derivatives ecosystem.

  • Inbound STP of trades
  • Outbound STP from the customer to trade repositories or trade processing systems
  • Order routing mechanism (Deal Manager) to execution venues
  • Transmission of position values out of kACE Pro FXO (for example, for valuation purposes and trade repositories)
  • Market Data publishing to the kACE community and beyond
  • Seamless integration with the kACE Pro product suite


kACE Gateway can offer connectivity to the following venues:

  • Liquidity Providers (LPs)
  • Multi-Dealer Platforms (MDPs)
  • Exchanges
  • Trade Repositories (TRs)
  • Central Counterparties (CCPs)
  • Middleware Connectivity Solution Providers
  • Other kACE clients


kACE Gateway: Key benefits

  • A single connection to multiple venues eliminates the need to build a myriad of different links and interfaces
  • Improved execution through access to multiple liquidity sources for price discovery and RFQ
  • Post trade STP from single and multi dealer platforms removes the need for manual ticket capture and increases the speed of transaction processing, while greatly reducing the danger of operational errors
  • Connections to trade repositories and CCPs help users to comply with complex global regulatory requirements as a direct extension of their existing workflow.
  • Access to and interaction with the kACE community


Technical

  • kACE Gateway uses the market standard FIX messaging protocol.
  • Messaging traffic encrypted via HTTP Secure.
  • 24/5 kACE support monitoring connectivity to ensure no loss of service.


Building on Success

  • kACE, a product brand of Fenics Software Limited, is proud of its success in supporting the growth of the FX options trading community. As an Independent Software Vendor, Fenics Software Limited is perfectly positioned to continue to support the growth of our customers whilst offering the opportunity for further expanded solutions that kACE Gateway is able to offer

Best e-FX Software Provider 2018 - FX Week e-FX Awards
Best Innovative Specialist Vendor 2018 - Asia Risk Technology Rankings
No.1 Derivatives Pricing & Risk Analytics - FX 2018 - Asia Risk Technology Rankings
No.1 Trading System - FX (Front - Back Office) 2018 - Asia Risk Technology Rankings
Best Vendor for Risk Management/Options Pricing 2018 - FX Week Best Bank Awards
Technology Development of the Year 2017 - Asia Risk Awards