The Charles River Network, which is fully integrated with the Charles River Investment Management System (Charles River IMS), allows local Japanese brokers and buy-side firms to deal directly with one another and international brokers, ensuring quick and reliable communication with hundreds of leading trading venues globally. According to Charles River, the standard FIX protocol, and connectivity between sell-side and buy-side firms, is driving industry trends such as algorithmic trading, electronic communication networks (ECNs), alternative trading systems (ATSs) and dark pools.
âCharles River is the only provider in Asia-Pacific that offers comprehensive remote FIX administration services â from testing and certification, to configuration and monitoring,â says Cameron Field, Managing DirectorâAsia Pacific, Charles River Development. âAs a result, firms can realize seamless trading with both the Japanese and international markets without additional in-house IT resources or FIX expertise. We are also the only provider in the region that can tailor FIX to leverage specialties of individual brokers. This allows buy-side clients to take advantage of a brokerâs special capabilities, such as algorithmic trading, program trading or special order types.â