With electronic trading having become the global norm, brokerage firms are now living in the reality of seamless markets that demand robust, scalable, instrument-neutral trading platforms with efficient order routing capabilities. Brokerage firms need to demonstrate proven capabilities in speed and reliability in execution, multi-channel access points and robust risk management as much in order to attract new clients as to retain the existing ones.
Tradis Workstation (formerly iBOSS-Trader Workstation) is a customizable, high performance Trade Order Management System for Brokerages, comprising a trader workstation, and Tradis RMS - a risk management system that allows brokerage houses to proactively monitor and contain risks. It caters to retail, professional as well as institutional traders with a multi- instrument coverage including Equities, Commodities, Futures and Options.
Its modular design facilitates interface with multiple external entities such as Exchanges, data vendors, and other communication networks, with minimal effort using FIX, proprietary TCP / IP messaging or any protocol of choice. The speed and multi-instrument, multi-exchange trading capabilities of Tradis Workstation are complemented by a comprehensive real-time risk management system, to give you an insight into the risks associated with your proprietary as well as client open positions.
Its Integrated Order Routing System (INORS) module is a high-performance, highly scalable system, optimized to provide maximum throughput and reliability. With built-in analytics, tools, graphics and a reporting sub-system, with several pre-defined reports and facility for providing user-defined ad hoc reports, Tradis Workstation provides a self-sufficient broker office order management solution.
Tradis Workstation interfaces with Workhorse, for diverse clearing and settlement requirements.
- Real-time interface to multiple exchanges and multiple segments simultaneously
- Facilitates multi-exchange and multi-market arbitrage
- High scalability
- User-configurable and user-definable features
- Pre-trade and post-trade risk management
- Real-time margining system for cash and derivatives markets with facility for user-defined alerts at desired levels
- Complete audit log and robust security features