Eliminating all manual work as part of the trading process, contrary to what the latest robo-advisor service might say, will never be completely possible. However, there are areas of the trading process that can and should be refined by every advisory firm, and one of the most important steps that should be removed in every advisor’s trading workflow is the manual manipulation of trade files.
Through Orion’s recent integration with FIX Flyer, you can not only send equities and ETF trades in real-time to your custodian, but you can also send mutual fund trades with select custodians.
In today’s blog post, we’ll look at how you can eliminate trade files and add FIX execution instead to your trading workflow.
Read the full article here!