Front-Office
The system manages the life cycle of orders sent to the Exchanges, including
- The order routing management system (OMS) which can handle 30,000 orders/second with latency less than 1ms.
- Gateways connected to the Exchanges Sales hierarchy management system.
- The system supports brokers, dealers to execute orders and track the progress of each order, managing the life cycle of their trades.
- Real-time monitoring of positions and the ability to prevent regulatory violations, margin rules, risk rules.
- Front-end with market data streaming, functions helping to fill orders for various types of securities and can track the progress of each order throughout the system.
Back-Office
- User account management module
- Cash deposit and withdraw, bank connection
- Settlement modules (buying/ selling, put-thru, cash transfer, commissions.)
- Loan modules (margin, pay in advance, collateral, stocks evaluation, interest calculator. Securities management & rights (securities deposit and withdraw, rights info, rights execution). Interface with accounting system.