MAX Order Management System

The Best of XKYTE and GLOX

MAX is a flexible and scalable order management system for electronic securities trading and easy connection to trading destinations worldwide.

The successor product to our longstanding XKYTE and GLOX systems includes, in addition to the existing tried and trusted functions, new optional services and functionalities such as the routing of derivatives and FX transactions.

Multi-Asset System

  • Order Execution Management System (OEMS)
  • Configurable, rule-based Release Engine
  • Order Monitor
  • Pooling & Splitting
  • Multiple Trading Types (e.g. Conditional Orders)
  • Data Warehouse
  • Manual Trade Booking
  • Straight Through Processing (STP)

Complete Package

  • modular and powerful
  • flexible and adaptable
  • individually configurable front-end
  • only one connection for multiple counterparties
  • easy connection to brokers, exchanges, MTFs and trading networks
  • compliance with all legal requirements
  • operation at customer site or hosting by MACD

MAX is not only a powerful system for electronic securities trading - behind it there is a holistic approach, which we as MACD continually improve.

Besides a comprehensive, long-term customer support, it is important for us to bring our customers together and to encourage the exchange of ideas and perspectives within the MACD network.

We offer you:

  • Selection from a range of MAX Services
  • Individual analysis, planning, and implementation of your project
  • Personal and long term support
  • Technical Account Management & Support (German, English, French)
  • Knowledge exchange within MACD Community
  • Innovative development methods
  • Cooperation with renowned partners

Destinations in the MACD Community

Benefit from our excellent networking and many years of expertise - become a part of the MACD community.

Learn more in our brochure MACD World.

  • Thanks to the great and uncomplicated cooperation with MACD, we were able to implement four projects in 2022 (broker and stock exchange connections, fund trading, and change to MAX) in a very short time. These automations have considerably simplified our processes. We are very satisfied with the new MAX trading system and look forward to continuously developing MAX together with MACD.

    René Meier Head of Trading/Treasury Department, Hypothekarbank Lenzburg AG


  • MACD's MAX Order Management System increases efficiency and minimises operational risks. Through the overview and automatization,  we can now offer most services directly - quickly, flexibly, and with controlled costs.

    Fabian Bannwart, Delivery Lead, Schroders (until January 2023)

  • The Upgrade from XKYTE to MAX was one of the important and challenging projects for our division at NatWest in 2020. It allowed us to re-think & re-design the internal trading/IT-infrastructure while adjusting to changed technical circumstances. Particularly during conceptualizing the new architecture, MACD has proven very flexible and competent in assisting us to find our optimal setup. Despite rather difficult conditions (COVID-19 pandemic, remote work, large trading volumes on the migration weekend), the Go-Live went very well & smooth.

    Florian Fruth, Head of Securities Processing, NatWest Group

  • Together with our long-term partner MACD, we were able to establish the connection to the Global Fund Services of the Swiss Stock Exchange in very short time. Thanks to the new interface from SIX, we are pleased to provide a reliable and rapid processing service to our fund customers.

    René Langer, Head of Trading Business Services, Luzerner Kantonalbank

  • As always, the MACD team looked after us very well and responded to our wishes. We are very satisfied with the MAX trading system, which includes tried and trusted functionalities as well as future-oriented technical developments.

    Christof Albrecht, Head of Trading, Reichmuth & Co Privatbankiers (until December 2020)