IFP Market Trader - Specifications
The IFP Market Trader was created taking in considerations client needs extensibility and customization.IFP’s Trade system is a set of the following modules
- Client.
- Back office.
- Server.
1. End user platform (client)
User client software, designed to work using Microsoft Internet Explorer 6 and 7- Moving and resizable windows
- Open multiple windows simultaneously
- Multiple screen support display
- Dynamic resolution
- One-Click transactions
- Commodities trade
- Forex trade
- Day trade
- Stop loss & take profit Preset by Rate/Amount
- Entry order
- On-line Position update
- Connection to credit card clearers
- Real time Market quotes
- Real time Portfolio
- On line news & events
- Real time Account status
- Reports:
- Close position
- Open position
- Account status
2. Back office
The Back office application is a wide range of tools and reports that ware created for the dealers and managers working in the back-end of the trade platform.- User management:
- Create and manage accounts.
- Withdrawal, Deposit and Credit.
- Email.
- Manage User groups.
- Leverage.
- Spreads.
- Rollover.
- Monitor:
Track and document system activities. - Positions/Orders management:
- Open, Update and Close.
- Search and modify.
- Reports:
- User
- Position
- Dealing room
- Market clearer (MC):
The market clearer module is a management interface between the dealing room and external clearers (market makers). - Market maker (MM)
The market maker module is a nostro management interface enabling the dealing room to monitor active and closed positions. - Virtual Dealer (VD)
The Virtual Dealer module is an automated routing agent that uses dealing room predefined rules (business logic) to route new positions to the internal Market maker or an market external clearer (back to back transaction). Rules are managed from the back office using a drag and drop interface
Rules:
- Position amount
- Currency pair
- User name
- User type
- Exposure
- Time (GMT)
- Date time
- Deal source (back office, client)
- P&L
3. Server
A set of distributed server components (dot.net 2.0 windows services and web applications), meticulously designed to receive manage and transmit real-time data and positions.The server technology includes all the required features such as security, redundancy, load balancing and extension capacity to allow uninterrupted and safe operation for small, medium and large brokers.
A dedicated active monitoring system (WatchDog 1.0) assures that all the components are in order and even initiates self-repairing sequences when it detects problems.
Flexibility and extensibility were key features is the servers’ software basic design. Therefore new features and changes are easily incorporated to the ever-growing features we offer.