Connect to BTIG with ZagTrader

Who is BTIG?

BTIG is a global financial services firm and institutional broker-dealer that offers execution, trading, and capital-markets services to institutional investors around the world. The firm operates across multiple financial centers and serves a client base that includes asset managers, hedge funds, and other professional market participants. Its business spans agency and electronic execution, sales and trading, and a range of capital-markets and investment-banking activities supporting institutional clients.

For buy-side and sell-side desks, BTIG is an institutional execution counterparty that provides access to liquidity and trading services across several markets and product lines. Reaching that counterparty through a stable, well-tested, and closely monitored connection is a practical requirement for any desk routing institutional order flow to it. Establishing and maintaining that connectivity inside an order and execution management workflow is precisely the role ZagTrader is built to fill.

How ZagTrader connects and routes to BTIG

ZagTrader provides institutional connectivity to BTIG through FIX sessions that are configured and tested so that orders, executions, and acknowledgements travel over resilient, monitored links. The same connectivity supports direct market access (DMA) workflows, letting desks send orders through BTIG to the venues and liquidity it provides while keeping full control and visibility on the trading blotter.

Connectivity is delivered as part of ZagTrader's integrated Order Management System (OMS) and Execution Management System (EMS). Traders work from a unified blotter, apply pre-trade compliance and risk checks, and use smart order routing logic to direct orders appropriately before they leave the desk. Drop-copy sessions provide an independent, real-time stream of execution and order-status messages for reconciliation, surveillance, and risk monitoring. Because order management, execution, routing, and post-trade share one platform, there are no brittle hand-offs between disconnected systems.

• FIX sessions for order entry, execution reports, and acknowledgements.
• Direct market access (DMA) order flow with full blotter visibility.
• Smart order routing managed within the OMS/EMS before orders are sent.
• Drop-copy sessions for independent reconciliation and surveillance.
• Pre-trade compliance and risk checks applied before orders leave the desk.

What you can access through BTIG

As a global institutional broker-dealer, BTIG offers execution and trading services across a range of asset classes. Routing through it via ZagTrader's multi-asset platform lets a desk reach that coverage from a single, consistent workflow rather than maintaining separate tools per product line. The specific instruments, markets, and services available always depend on a client's own agreements and onboarding with the firm.

• Equities — cash equities and related execution services across global markets.
• Listed derivatives — futures and options for hedging and risk management.
• Fixed income — debt instruments where supported under the client relationship.
• Electronic and agency execution across supported venues and liquidity.
• Additional instruments and services available under the relevant client agreements.

Post-trade, settlement, and reporting

Execution is only the first step in the trade lifecycle, and ZagTrader is built to carry flow routed to BTIG all the way through to booking. Fills captured over FIX and confirmed via drop-copy feed straight into the platform's post-trade processing, so trades, allocations, and positions stay consistent without manual re-keying.

The platform supports trade confirmation and allocation, generation of settlement instructions, and reconciliation against counterparty, custodian, and clearing records. Settlement itself takes place through the relevant market infrastructure and the client's own custody and clearing arrangements; ZagTrader's role is to manage the order and post-trade data flow accurately around that process. Reporting and audit-ready record keeping are produced from the same source of truth that runs from order inception, helping desks meet their internal control and regulatory obligations across the jurisdictions in which they operate.

Why route to BTIG through ZagTrader

Routing to BTIG through ZagTrader means consolidating execution, routing, risk, compliance, and post-trade onto one multi-asset front-to-back platform instead of stitching together separate systems for each function. A single OMS/EMS blotter spans BTIG alongside other supported brokers and venues, so traders manage their full book in one place and operations work from one consistent set of records.

FIX connectivity and drop-copy reconciliation give desks confidence that what was sent, executed, and booked all agree, while smart order routing and pre-trade controls keep execution disciplined. As needs grow, the same platform scales to additional counterparties, asset classes, and markets without re-platforming, making ZagTrader a durable foundation for desks that route institutional flow to BTIG and beyond.

• One multi-asset OMS/EMS for BTIG and additional brokers and venues.
• FIX and DMA connectivity with drop-copy reconciliation.
• Smart order routing and pre-trade compliance and risk controls.
• Integrated post-trade flow from execution through booking and reporting.
• Scales to more counterparties, asset classes, and markets without re-platforming.