May 1st , 2007]
Nile One Brokers started online trading in CASE through Orion TradeSoft Straight .
Nile One Brokers, licensed Egyptian Stock Brokerage company that is committed to facilitating business to clients through innovative investment tools and services, have announced the launching of the online trading service; straight through processing (stp) in the Cairo and Alexandria Stock Exchange (CASE).
Nile One became one of the few service provider in Egypt at this stage with a tremendous technology advantage of the technology used. Orders sent to the exchange in less than a second and execution takes place immediately.
Nile One selected a tested and well developed technology from Orion TradeSoft, a financial software company based in Dubai UAE.
Orion-TradeSoft specializes in financial and transactional software technologies, such as Online Trading Solutions. Orion-TradeSoft is the company behind the "eBrokerage" application - TradeSoft's flagship product which addresses all important facets of transaction processing, including Order routing, Execution and clearance, Position keeping, and back office accounting. eBrokerage utilizes Appia - the next generation FIX engine from NYFIX.
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