Trading and DMA
We’ve got you covered.
In the trading world, there’s a lot you can’t control. At AK Jensen, we’ll do our best to keep you in control. How? By making it easy for you to trade on AK Jensen’s global network via the trading system of your choice. And with the support of our experienced and accessible trading desk.
Talk to us about what you need. Chances are we’ve got you covered.
Because trading systems aren’t one size fits all.
Don’t have a trading system? Your current system not fulfilling your needs? Whether you’re looking for a brand new trading system or a better one, one that fits your end-clients needs or your infrastructure, we offer a variety of trading systems that can meet your requirements.
By default, AK Jensen is compatible with the following major trading system providers. Which makes it easy for you to take advantage of their interfaces while being connected via FIX to AK Jensen’s network of global liquidity.
Or if you’ve got another trading system in mind, our open, flexible architecture gives us the freedom to connect to almost any system on the market today. Just let us know.
This list continues to grow, so check back later or contact us.
Our options are flexible, customized and always compliant.
We offer an array of commission management options designed to align fully with your investment goals. Tailored to accommodate a range of investment styles, markets, policies and payment priorities, they offer highly flexible solutions alongside a strong organizational and compliance framework.
Commission sharing services
AK Jensen’s commission sharing services simplify, accelerate and automate the sharing process. Through AKJ OpTracker™, clients receive real-time information and tools for intraday monitoring of trade details, commission sharing amounts, invoices and reporting. Execute through the top providers globally at DMA rates while allocating payment for research.
Most commissions are bundled. That is, they include a charge for both execution and research. The research, however, may be expensive, and the cost of buying the research as a separate service often doesn’t benefit all clients equally, meaning some clients are subsidizing others. Commission management allows our clients to get access to research while enjoying trading at DMA rates. This can be handled automatically by AK Jensen’s automated commission management systems.
Multiple access broker network
Our broker network provides investment managers with the flexibility to ensure that their efforts to obtain best execution are maintained.
Our online reporting tools give our clients complete overview of their commission sharing relationships, including account overviews, online allocation of credits to prearranged relationships, real time calculation of credits and balances and much more. Our clients can allow third-party providers to access transaction details of a flow that is generating the payment to that provider.
As always, we’re happy to customize our systems and services to work with your existing systems and procedures.
Focus on growing your fund, not your operations.
The world’s financial markets in one connection
- Over 60 DMA equity and derivatives markets via FIX
- An extensive network of financial institutions (AKJ Network™)
- No intermediaries
- No book matching
- Straight-through processing
- Management of destinations to ensure least latency
All your relationships in one
- Management and FIX integration of your phone orders
- FIX integration of your destinations, for-research brokers, and other non-AK Jensen execution providers
- End-client trading systems provided, serviced and supported
- Low cost commodity execution to complete your global reach
One integrated back office
- A single integrated back office for all markets, destinations, connections, clients and products (AKJ OpTracker™)
- Reports and confirmations tailored to, and delivered in, any format to meet your back office system requirements
- AKJ ExNet™ routing software to manage your order flow
- Default trading systems or integration with your OMS / trading system via FIX API
- Service & maintenance of all your lines and connections
More than 60 markets and growing. All through one connection.
At AK Jensen, we’ve got our eye on the future. We see a global world where the challenges of cross-border trading and increasing cost pressures are met through advanced technology solutions and vertically integrated services. We see a world where every trader has easy access to every global exchange and multiple products.
It’s why we’re committed to seeing this list grow. Visit regularly and see our world expand.
- Aquis Exchange (MTF)
- Austria, Vienna
- BATS Europe (MTF)
- Belgium, Brussels (Euronext)
- Bulgaria, Sofia
- Croatia, Zagreb
- Czech Republic, Prague
- Denmark, Copenhagen
- Equiduct (MTF)
- Estonia, Tallinn
- Finland, Helsinki
- France, Paris (Euronext)
- Germany, Deutsche Borse/Xetra
- Germany, Eurex
- Germany, Euwax
- Germany, Regional
- Greece, Athens
- Hungary, Budapest
- Ireland, Dublin
- Israel, Tel-Aviv
- Italy, Milan
- Latvia, Riga
- Lithuania, Vilnius
- Luxembourg (MTF)
- Nasdaq OMX
- Netherlands, Amsterdam (Euronext)
- Norway, Oslo
- Poland, Warsaw
- Portugal, Lisbon (Euronext)
- Romania, Bucharest
- Slovakia, Bratislava
- Slovenia, Ljubljana
- Spain, Madrid
- Spain, MEFF
- Sweden, Stockholm
- Switzerland, SIX Swiss
- Turkey, Istanbul (MTF)
- Turquoise (MTF)
- Turquoise Midpoint
- UK, London LSE
- UK, London SEAQ
- UK, London SEAQ Int.
- UK, London SEATS
- UK, London SETS
- Brazil, Rio de Janeiro
- USA, AMEX
- USA, NASDAQ
- USA, NYSE
- Australia, Sydney
- CitiMatch (MTF)
- Hong Kong
- Indonesia, Jakarta
- Japan, Tokyo
- Malaysia, Kuala Lumpur
- New Zealand, Auckland
- Philippines, Manila
- South Korea, Seoul
- Taiwan, Taipei
- Thailand, Bangkok
- South Africa, Johannesburg
- Euronext Liffe
- USA, CBOE, CFE, CME, ECBOT, PHLX, ISE, ME
It’s called AKJ ExNet™ and it’s the heart of AK Jensen. Used by institutional clients in 37 countries for order routing and connectivity, it’s one of the most stable and fastest systems in the marketplace. Without knowing it, you may already be using AKJ ExNet™ through your current destination brokers.
We know you’ve got a way of doing things. You may have legacy systems and preferred trading system providers. That’s why AKJ ExNet™ is open and scalable, independent and flexible. You can select any of our system providers or have us connect to your preferred third-party system. And our back-end can be customized to deliver a single consolidated report in a format of your choice.
Let’s talk for a moment about the technology behind AKJ ExNet™.
You decide what trading system you’d like to use to place your orders. We can customize AKJ ExNet™ to interface with your existing trading and back-end systems. In fact, AKJ ExNet™ works with a wide array of trading systems and is compatible with most destinations, connectivity systems, price feeds and clearing agents.
All inputs and outputs can be translated into client or market-specific nomenclature. This means unique internal identifications can be easily translated to meet external requirements.
AKJ ExNet™ is structured to be independent, which means we will never sell order flow to intermediaries, or trade against a principal or agency book. We also allow you to connect to non-AKJ agency destinations and providers at no charge. With one connection you can trade on all markets, choose between different destinations, automate your own trading, rebalance, and offer remote access to your end-clients – without the burden of integration.
AKJ ExNet™’s reliability and flexibility has been field-tested and proven. It has provided global connectivity to institutional clients since 1998.
It reports in real-time.
Customers can choose to receive back office reports in real-time or at the end of the day via e-mail, file transfer or web access.
The transparency you need is now at your fingertips.
AKJ OpTracker™, our online back office portal, makes managing the post-execution process simpler than ever. Here’s how.
Log in securely via our website any time any place for all the information you need about your trades, including trade details, trade confirmations and commission management reports. You can even view your account details and allocate trades.
As soon as you log in, AKJ OpTracker™ presents you with a high level summary of your activities and account structure, including an account overview and your latest trade confirmations.
With a click of a button, all reports – whether they’re summary reports, general activity overview reports, commission rebate reports or commission sharing reports – can be viewed by market, date range, or currency of your choice.
AKJ OpTracker™ stores the details of all your executed trades, going back to your very first trade with us. You can search using different variables, such as trade or settlement date, currency, market or symbol. You can also download any trade confirmation in any format, including PDF and Excel.
Need your trade confirmations or reports to include an additional piece of information? Not a problem. Just ask. We can tailor reporting to fit your needs.
Want to eliminate network costs?
With AKJ ExNet™, you get the AKJ Network™ at no additional cost. Which means your life just got a little easier. Unlike other order routing software providers or connectivity networks, AK Jensen is not an intermediary. Because we generate our income on the execution side, much like a brokerage, our network is not a source of revenue.
Route orders to your own destination relationships through the AKJ Network™. Enjoy a single and consolidated middle office while we service and maintain your connectivity structure, including all your third-party connections and gateways.
Take advantage of a single, integrated back office for all your markets, brokers, connections and products. We will also deliver reports and confirmations from all your global destinations in custom formats that meet your portfolio system requirements. It’s all free.
And of course, you get all your connections in one, including FIX integration of your softing relationships; management and FIX reporting of your phone orders; FIX integration of your prime brokers; for-research brokers; and other non-AK Jensen agency execution providers.
Once you’re connected through AK Jensen, we can then complete your global reach by giving you access to selected destinations where you don’t hold memberships. We make our money back when you execute trades, so from time to time, just route a portion of your agnostic orders through our destination brokers, and we’ll be happy. How’s that for a fair trade?