Professional traders love our trading system. We’ve designed it to be both quick and easy to use, but also powerful and flexible. With direct market access (DMA), held orders and manual execution, traders can choose the market, counterparty or route to fill their client instructions. FIX integration allows a diversity of your DMA counterparties, all easily set up with our trading services team.
We support multiple order types including limit and stop orders, durations including day, good-till-date and good-till-cancelled. Positions can be opened as long or short and closed via selling or buying to cover. From a compliance perspective, the client signatory is noted on all orders and for jurisdictions that require it, the order method is tracked. Purchasing power is checked before any position can be opened and quantity held is checked before positions are closed.
Order entry is easy. Simply choose a client and account, enter the quantity of your selected instrument, pick the order type, good-till duration and the route to market. A snap quote appears with the client’s purchasing power and quantity available. Click buy or sell, short or long and the order is immediately sent. Depending on the counterparty, execution can be instantaneous. We even provide sound effects to alert you if you’re not watching your screen.
The order management system has intraday position tracking. Individual position profit and loss can be monitored at the client level, and traders can see their entire book easily in one place. Filters let you quickly find a specific order or client. Multiple trading books can be open at once on multiple browser windows or on different computer monitors.