Since 2010, Touch-Fire Trading has pioneered innovative, regulated-market solutions for exchanges, brokers, and financial institutions. We go beyond providing software - we partner with you to create large-scale custom solutions tailored to your unique challenges. Through our center of excellence for Fintech development, and our robust development framework, our specialist teams ensure cutting-edge technology and compliance driven approaches for every project.
Our solutions are based on a common high performance architecture designed to cover all of the requirements expected in regulated financial institutions. Touch-Fire has been supporting different business models through the years, and keeping up. We believe in innovation and continuous improvement to achieve sustainability and deliver timely and operative solutions.
View Our ArchitectureOur team of senior partners has over 30 years of experience building solutions for exchanges, brokers, and marketplaces. We can help you with projects of all sizes and complexity, from designing a new marketplace to integrating our solutions with your existing systems.
Because not every marketplace is the same!
We can help you design a marketplace solution for your particular vision including ECNs, MTFs, Crossing networks, Dark Pools, centralised exchanges and OTC hybrid matching solutions. We can help identify how these solutions can add value to your marketplace ecosystems while navigating complex regulations.
With dedicated project-focused development squads, and a live operations team supporting multiple customers in regulated financial service environments, Touch-Fire Trading is equipped to support new, exploratory initiatives or existing exchange/broker transformations.
We blend proven components from our solution library with bespoke integrations and feature enhancements, delivering tailored systems at a price comparable to off-the-shelf products—yet fully adaptable to your evolving needs.
Touch-Fire is constantly innovating and developing new solutions to meet the evolving needs of financial markets.
Large exchange needed to transition to new exchange in a very short time frame
The Tokyo Grain Exchange was facing a financial decline, and needed to merge its processing functions into the Tokyo Commodity Exchange (Tocom). The challenge was how all of the open positions (outstanding contracts) from the over 50 clearing members, could be converted by all of the members and transferred across to the Nasdaq OMX platform at Tocom, within the 90 minute gap in trading at the Tocom exchange.
Being a previous customer who saw us deliver new functionality over the web quickly and securely, Touch-Fire again took on this project by building a user front end where members could do position allocation, verification and exchange monitoring. A back end integration with the Nasdaq OMX clearing system was also built to execute the transfer.
After several dry runs with all members present, the migration process was run for real, without any problems, on the last day of the year, 2010. This project allowed the exchange to smoothly transition to the new platform within a short span of time and in the most cost effective manner.
Hedge fund wanted to back off-exchange trading at high volume, low transaction fees
A broker had a large hedge fund client who was willing to become the counterparty to off-exchange trading to retail traders. The regulations in Japan had recently been changed to allow off-exchange trading for futures. If they could match up these two, their retail customers would get better pricing than available at the exchange, and the broker would not have to pay the exchange the execution fees.
Touch-Fire built a solution closely with the broker, which would perform the matching of orders, but would also work in tandem with the primary market, apply the same price limits, and register any trades to the post trade registration system. Later enhancements to this included smart order routing functionality that would sweep the internal market before forwarding the remainder to the primary market.
The benefit to the retail customer was better pricing than was available on the live exchange (typically quoted 1 yen better). The benefit to the hedge fund was a lower cost and higher volume order flow to match against. The benefit to the broker was increased execution volume and therefore commissions, and reduced execution costs on the transactions.
