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Plxtra Trading Platform

Plxtra is a comprehensive, open source trading platform designed specifically for retail security brokerage operations. It can provide a complete trading solution for brokerage firms or last mile connectivity (data distribution and order routing) for a retail exchange. Built with a modern architecture and engineered for scalability and reliability, Plxtra delivers a full-featured solution tailored for the fast-paced world of retail trading.

- Install it on your local computer to try it out.

  • Includes all core trading components:
  • Extensible with comprehensive APIs
  • Productive development
  • Feed replay for testing and development
  • Proven in production environments
  • Easy deployment via Docker
  • Permissive open source license
  • Commercial support and development services available

The diagram below shows the main components of Plxtra. The blue box contains the Plxtra server components (yellow). The green ‘Exchanges’ box represent the exchanges a broker connects to (eg. Australian Stock Exchange). The purple box on the right represents the broker and the broker’s systems. This diagram shows the main interactions between Plxtra and the exchanges and the broker’s systems.

Exchange(s)PlxtraTrading ServicesTrading and data adaptersOrder ManagementTrade OrchestrationVettingSessionFrontend serverAuthenticationRequest/ResponsePublish/SubscribeFrontend serverAuthenticationRequest/ResponsePublish/SubscribeRestAPIStreamingAPIAuthAPIDataOrderRequestsExecutionReportsAcccountsHoldingsCash BalancesRulesClientsBrokerCRMSettleOperationsManageAPIsMonitorAPITrade feedConfigurationandMonitoringTrading Applications(eg. Motif)IdentityAuthentication

Plxtra offers a powerful alternative to traditional closed-source trading platforms. Originally developed by Paritech/Motif Markets for brokers and exchanges in Australia, New Zealand, and Malaysia, it was open sourced in 2025 to foster innovation and accessibility.

As regulatory demands grow and profit margins shrink, open source solutions like Plxtra provide a sustainable path forward for exchanges and brokers.

To deploy Plxtra effectively, you will need to integrate it with your business systems such as:

  • CRM
  • Identity and access management
  • Monitoring tools

Plxtra does not include these business systems such as they are difficult to standardise and are very dependent on organisations’ other infrastructure. They vary considerably from organisation to organisation. Instead, Plxtra provides APIs which enable Plxtra to be tightly integrated into an organisation’s business systems.

In addition, you may also need to develop or configure:

  • Exchange connectivity
  • Custom extensions
  • Specialized data feeds

APIs are provided for these integrations and customisations.