|
|
>
> Platform Benefits
Platform Benefits |
|
|
Convenience
of a Single Liquidity Access Point
Often, trading desks are cluttered with multiple data and order-entry terminals.
FutureTrade brings together market data,
news, and analytics, along with portfolio and risk management elements in
a comprehensive system, eliminating the need for multiple terminals and
exchange data fees. The platform integrates with multiple data vendors and
liquidity venues, offering a single point of access to multiple ECNs, exchanges
and broker/dealers.
Improves Efficiency
Errors frequently occur when orders and trade information is manually entered
into various, non-integrated, order management, portfolio and reporting
systems.
FutureTrade integrates with back
office processes, uploading account positions at beginning of day and reporting
to back office, order and portfolio management systems in real-time, or
at anytime required by your workflow. All trades executed through the platform
can be automatically reported in real-time to the prime broker or clearing
agent.
This comprehensive front to back integration allows supervisors, prime brokers,
and clearing agents to maintain an up-to-the-second view of positions and
to adjust limits and controls at any time.
Reduces Costs
Efficient business processes result in lower operating costs. FutureTrade
simplifies the equities trading workflow and enables traders to execute
at the best prices available and minimize costly error expenses.
FutureTrade helps institutional
traders lower market impact, by reaching liquidity at the best prices at
available venues. Disclosure of trading intentions can be avoided by entering
orders anonymously, distributing large orders between multiple targets,
or entering reserve orders that only disclose a portion of total order quantity.
T+1 Ready
Currently trades settle on the third business day after trade date. The
move toward next day settlement (T+1) will require more automated processing,
less manual intervention, redundant data entry and integrated processes.
The FutureTrade platform facilitates
prompt and accurate reporting of all trade data to clearing and settlement
entities, making FutureTrade an ideal front-end for buy-side trading firms.
For more information please contact your Account
Manager, Customer Support:
866-665-4454, or sales@futuretrade.com.
|
|
|
