Terra Nova offers advanced execution and clearing solutions to address sophisticated needs. We have robust offerings for institutions whose order flow comes from their own OMS/EMS solutions, Black Box, Grey Box or algorithmic applications or other platforms; those who want direct access to electronic liquidity sources; and those with substantial speed requirements.

TNFIX Solution

The TNFIX Solution enables a Terra Nova client to subscribe to submit orders from other platforms such as Bloomberg, Trading Screen, proprietary applications and many other methods while using Terra Nova’s superior order execution engines. TNFIX is Terra Nova’s FIX-compliant API, which supports the Financial Information eXchange (FIX) protocol—the leading market communications interface used in the global financial industry. The solution, which includes comprehensive staged order (care order) capabilities, is neutral, flexible, convenient and fast.

Sponsored Access Solutions

Terra Nova clients can establish a direct connection between their proprietary platforms and the NASDAQ or NYSE Arca execution systems through our Sponsored Access Solution. As a NASDAQ member and NYSE Equity Trading Permit (ETP) holder, Terra Nova is empowered to sponsor clients’ direct connectivity. Platforms run on co-located servers at a NASDAQ or NYSE facility.

• NASDAQ Sponsored Access includes FIX, RASH or OUCH connectivity protocol options and is available to both individual and institutional investors.
• ARCA Sponsored Access includes API and FIX connectivity protocol options and is only available to institutional investors. Individual investors may contact their brokerage firms to inquire if those firms route orders to NYSE ARCA.

API Solutions

Terra Nova offers support for advanced traders and trading software developers who seek to utilize the application program interface of the trading platforms Terra Nova brings to market. The API (application programming interface) service accommodates the use of .NET, VB, C++, and other current coding methods.

Through this API service, clients can:

• Use platform data in applications developed by you or third parties.
• Automatically initiate trades from such applications to interface with Tradient Pro, Tradient Plus or RealTick® and our trade servers.

Different applications of Terra Nova’s API service include:

• Terra Nova Excel RTD—enables clients to subscribe to Level 1 and Level 2 prices and submit orders from an Excel workbook.
• Terra Nova Excel RTD + Omniquant—empowers traders to build, modify, automate, execute, route and analyze custom or out-of-the-box algorithmic trades through an Excel front-end integrated with Tradient applications.
• Tradient API and API.net—offers functions that programmers can use to create custom trading applications in the Tradient trading environment for functions such as price subscription, order manipulation and monitoring, account data monitoring, custom charting/graphing and more.

We welcome the opportunity to speak with you in more detail about these exciting offerings.