Trading System
In today’s fast changing environment, Trading System operators require enhanced efficiency, more security, more resilience and deeper integration from their TS vendors to make sure they meet the demands of the financial markets. As a key supplier of open, future proof and platform independent TS solutions, Montran is fully aligned to market expectations, international and regional standards and regulations, as well as future initiatives.
Solution Highlights
Facilitates and Optimizes Securities and FX Trading
Through a robust, reliable platform that is packed with features that allow a deep customization of the markets’ rules, with advanced executing management performed by the order processing engine which ensures that trades are executed at the optimal time and price.
Seamless Integration with the Montran CSD Solution
Automatic importing of data from Montran’s CSD solution including symbols, symbol values, and corporate actions.
Highly Customizable Market Properties with Multiple Order Types
The system provides a deep customization of market rules, such as schedules, tick size, settlement type and delay, price policies, quantity policies, order types that are allowed for trading (market orders, limit orders, iceberg orders, market to limit orders, stop market orders, stop limit orders). Also, the time in force parameter allows to handle orders such as fill or kill, immediate or cancel, good till cancelled, or good till date.
Performant Order Matching System
Fast and efficient processing of orders as soon as they arrive. For better performance, the Order Processing Engine module is developed and deployed separately from the other system’s modules.
Benefits
HIGHLY SECURE, IMPROVES OPERATIONAL EFFICIENCY
Montran’s Trading System provides functional and technical features that are implemented according to the relevant best practices available in the financial markets’ environment.
STRAIGHT-THROUGH-PROCESSING CAPABILITIES
Availability of market data through STP using the FIX protocol. STP can also be used for automated order input, connecting the participants directly to the order processing engine.