Consolidated Order Books
Aggregating order flow across dozens of venues, desks, and asset classes into a single real-time blotter is a fundamental requirement for any multi-asset broker-dealer. 3forge delivers a unified order book that every desk can trust, updated tick-by-tick as orders arrive, execute, and cancel.
The Challenge
Fragmented Order Views Create Risk and Missed Opportunities
When each desk manages its own order blotter from its own EMS feed, the firm loses cross-desk visibility, creating risk concentrations, missed netting opportunities, and compliance blind spots.
Per-desk order silos
Each trading desk maintains its own blotter disconnected from other desks, preventing the firm from seeing aggregate exposure or cross-desk netting opportunities.
Multi-venue latency mismatch
Order updates arrive from exchange A in microseconds and from an MTF in seconds, and stitching them into a coherent unified view requires normalization logic most firms build ad-hoc.
Cross-asset class visibility
Equities, fixed income, FX, and derivatives orders sit in separate systems, making it impossible to view the firm's full order book from a single screen.
End-of-day reconciliation burden
Without a consolidated intraday view, reconciling orders and fills across venues and desks requires significant manual effort at close.
The 3forge Approach
A Single Real-Time Aggregated Order View
3forge normalizes order data from every connected EMS, OMS, and venue feed into a unified in-memory model. LivePivots™ aggregate by any dimension, including desk, asset class, venue, and strategy, and update in real time without page refreshes or polling cycles.
Key Capabilities
What You Can Build with 3forge
Multi-Venue Aggregation
Normalize order state from any combination of EMS, OMS, exchange, and dark pool feeds into a single consistent view.
Cross-Asset Class Blotter
View equity, fixed income, FX, and derivatives orders side-by-side with consistent status and fill information.
Desk Roll-Up
Aggregate orders by desk, strategy, or trader using LivePivots™, with drill-down from firm level to individual order in one click.
Real-Time Fill Tracking
Track fill status, partial fills, and execution venue for every order without relying on end-of-day confirmation files.
Cross-Desk Netting
Identify offsetting positions across desks automatically to surface netting and internalization opportunities before they reach the market.
Order Lifecycle Audit
Capture every state transition for every order with microsecond timestamps, ready for regulatory reporting or post-trade analysis.
Get started
Ready to see it live?
Book a 30-minute demo with a 3forge solutions engineer and see a consolidated real-time order book built on real data.