Sophisticated Execution Management System: Firefly enables institutions to execute transactions with listed exchanges, Nasdaq market makers, ECN’s, ATS’s and Brokers. The result of which is the achievement of maximum execution and confirmation speed. Our technology helps identify multiple sources of liquidity while reducing market impact and transaction costs.
Institutional Agency Trading Desk: As part of Firefly’s full range of services, we provide Institutional clients an agency-trading desk to facilitate special situation transactions. Our relationship encompasses multiple trading scenarios including small cap value stocks, Guaranteed VWAP trading, equity looks off the floor, Options and foreign issues.
Commission Recapture:
Firefly offers a commission recapture program that allows firms the ability to accumulate dollar credits for a wide range of research related services.
Customized Reporting:
Firefly delivers real-time trade information and historical trade data in a variety of formats:
- Real-time cash position and trade reporting
- Web-based historical reporting
- Integrated real-time asset allocation
- Trade confirmations detailing daily trade activity
- Individual query application to monitor historical transactions
- Risk management applications
- Pending settlement reports
- Sub-accounting
- Historical reporting archive for the life of your account
Back-Office Interfaces:
Firefly also offers the following services and system interfaces:
- FIX communications server for complete open-trade messaging with any FIX counterpart for orders and execution.
- Integrated to the Macgregor network, Eze Castle, Advent Moxy, Charles River Development (CRD), Latent Zero, Indata, Proprietary, Excel.
- Interfaces with OASYS™ and OASYS™ Global for order allocation.