Promethean


Promethean Trading System

Integrated with a high-end back office module and a complete accounting system, thePromethean Trading System (PTS) is a broker’s one-stop, comprehensive application required to keep a smooth operation running at the highest level of efficiency. Being an online system we realize the concern one may have for security issues. However the entire system is secure using the highest levels of commercially available security. Consisting of 4 modules, we have the back-office module, the administrative module, the client module & the trader module.

Back-office Module Features
Presence of an integrated extensive accounting system designed for use by brokerage operations.
The accounting system tackles clients’ daily/weekly/monthly trading reports.
Handles balance sheets, income statements and all other major accounting functions specific to the brokerage industry.
Provides an expenses summary of the brokerage house.
Up-to-date ticket generation as each trade is carried out.
Separate tickets generated for every sub-execution of a trade.
Presence of an online printing option that allows tickets to be printed in the same format as required by clearing.

Administrative Module Features
Multi-level access control used to assign access privileges to different individuals
within your organization.
Handles the approval of client accountÊopening requests.
Used to create, edit & delete client and traders’ accounts.

Trader Module Features
Real time order execution & pick up.
No load on back-office module staff.
Order execution in as less as 2/3 of a second.

Benefits
Live direct trading.
Customizable GUI according to your preferences.
Gives best market price through an efficient automated system.
Enables direct order routing to real market place (ECNS).
Displays average price ticket for each stock.
Minimized work between your order & it’s execution.
Online account activity checks.
Daily trade activity checks via E-mail.
Easy access to up-to-date market information and longer-term economic analysis.
Rapid response to customer orders.
Instant Messaging Service.
Allows for immediate installation and flexibility.

Client Module Features
Live stock quotes available a click away.
Online ordering.
Ordering from a mobile device.
Client can send immediate cancellation and/or replacement requests.
Enables routing of an order to a specific trader.
Holds all orders of the day.
Continuously changing order status reflects at client end with an update every second.
Portfolio management on demand.
Trading Activity Records generated and mailed to individual clients.
Has the ability to distribute a finished trade(s) to different accounts.

Market Interconnectivity
Excellent Execution’s system electronically linked to the real market and to its clients.
Online traders provide instant access to current securities quotes, financial news and up to
the minute information on your investments.
Clients can send order requests to Ex!!! from
o Regular website interfaces
o Palm devices, using Wireless Application Protocol (WAP)
o Internal programs using state of the art technologies, including XML & financial
information protocols including FIX (Financial Information Exchange)
The Ex!!! system is connected to ECNs, including INCA, NITE and ISLD, via the most widely
used and accepted protocol, FIX.
The connection to ECNs has been made possible by the implementation of a FIX server and
a FIX client, developed using Visual C++.
Enables routing of an order to a specific trader.
Holds all orders of the day.
Continuously changing order status reflects at client end with an update every second.
Portfolio management on demand.
Trading Activity Records generated and mailed to individual clients.
Has the ability to distribute a finished trade(s) to different accounts.

System Requirements
Windows 95/98/ME/NT4.0/2000
RAM: 64MB Minimum
CPU: Pentium or AMD 300 MHz +
CD-ROM Drive
10MB Hard Disk (minimum)
Internet Explorer 4.0 or Higher
Developed Using
· Cold Fusion 4.5
· JavaScript
· JSP / Servelettes
· HTML
·Oracle8

 

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