The Orb Network is a high quality FIX transactional messaging network built on Neotel’s fibre network and hosted at the Neotel data centre at Midrand, South Africa. All network clients are encouraged to connect over a fibre connection for optimal service reliability. Connections can be made via the internet over a VPN for rapid acess at minimal cost.
Being an open platform based on the international standard FIX Protocol, connectivity is available to any firm that can work with FIX messages. By default, sessions in the Orb network's Rules of Engagement stipulate FIX.4.2, but the network can support any FIX Protocol compliant variant.
The Orb network is connected into London to allow business relationships to be established with international clients for electronic trading using the FIX Protocol.
The Orb network is designed to support Care, DMA, and Algorithmically executed orders, but is subject to a fair usage policy to ensure that no single session disadvantages the other sessions. However, we are able to meet the most demanding requirements that involve high frequency trading or ultra-low latency transaction times. Please contact us to discuss your requirements.
Access to the network is either through a direct FIX session connected into the Orb networks Routing hubs, or as a user of the uTrader application which is a web based tool for managing orders and post trade allocations. Buy sides wishing to use the uTrader application need nothing more than an internet connection and a browser.
There are no geographical limitations to connecting into the Orb Network, but at the moment the Orb network is supporting trading on the Johannesburg Stock Exchange (JSE). If you would like to use the network to support trading on other exchanges please discuss your requirements with us.