User:Oscsopp

= SABE =

SABE is the automatic best execution system of Banca Akros. For bonds, it puts in competition the best available trading venues belonging to all categories set out in MiFID: regulated markets, MTFs, market maker / Internalisers selected by Banca Akros. SABE ensures dynamic best execution of bonds and has been operational since November 1, 2007.

SABE's features

 * Automatic access to more than 20 execution venues
 * Automatic daily performance measurement of the execution venues with dynamic rankings and construction of a dynamic ranking list
 * Receive and manage orders with "limited" and "best" price
 * Receive and manage orders placed with non-standard settlement currency
 * Checking executability of each submitted order on the basis of objective criteria and specific filters
 * "Automatic management" and "manual handling" service for orders not immediately executable
 * "Magnet" service for Borsa Italiana's Mercato Obbligazionario Telematico / EuroMOT / ExtraMOT and EuroTLX
 * Management of the revocation of sent orders; management of the revocation of unexecuted orders
 * Cross orders service
 * Demonstration of the principle of best execution for each order through access to the confidential section of PTA (Post Trading Activity)

How to get access to SABE
SABE is accessible through various channels, including:


 * TAS
 * FIX
 * Finestway / SIA
 * Specialized services centers, such as CEDACRI, CSE, SEC
 * Professional applications such as AMOS, BOE, GL and LIST

Bond brokerage
BOND BROKERAGE

The bond brokerage desk is direct member of the following bond markets:


 * Borsa Italiana's Mercato Obbligazionario Telematico / EuroMOT / ExtraMOT
 * EuroTLX
 * Hi-MTF
 * BondVision
 * Tradeweb
 * Reuters Transaction Services