The Trade-X order management system (OMS) provides real-time FIX protocol based order management and market-data access to multiple trading venues including all the trading boards offered by the Nigerian Exchange Group (NGX).
With Trade-X, brokers/dealers/traders can send, manage and validate electronic trades from the comfort of their offices and get immediate responses. You can also view the full details of level III market data in real-time.
Effective risk management controls have been implemented to prevent overtrading, and the solution offers a direct interface to our accounting, securities trading and derivatives solutions for real-time account management.
The solution also interfaces with third-party applications with the ability to forward orders and execute trades.
Trade-X offers several functionalities including:
- A real-time interface supporting trading in a single click.
- An API based interface that allows for integration with any third-party application.
- Speedy posting, amendments, cancellations and acknowledgements of quotes and orders.
- Access to live market data and news.
- Live quotes and position updates.
- Book management and full activity logging.
- Ability to receive FIX messages from multiple markets and trading destinations.
To find out more about the features of Trade-X contact us now.