myForex Trading Platform Components
For printable version of myForex Trading Platform features and components, please download System Whitepaper document in Adobe PDF format.
Middle Office Subsystem
Dealing Gateway
The
rules-based Dealing Gateway is at the hub of myForex technology platform
that acts as the interface between different components of the dealing
network. Regardless of volume requirements, Dealing
Gateway component is a high-availability workflow-processing engine
designed to provide a competitive edge by automating critical aspects
of the electronic dealing process.
Dealing Gateway logging on connections, routes trading information, automates
order processing, trade execution and settlement to bring instantaneous dealing
capability to as many partners as your business requires. It facilitates
event-based transaction flow and information transparency throughout the
full lifecycle of each and every trade.
The Dealing Gateway also comes with fully configurable automatic dealing
function which defines whether orders should be send to an in-house dealing
desk or to a sell-side financial institution. Data sources, such as market
rate feeds, may publish information to the dealing gateway. Other components,
such as margin monitoring module may subscribe to the gateway for that information.
Updates are received in real-time, ensuring the fastest possible routing
of information to users.
The Dealing Gateway encapsulates transmission and receipt of different message
types, including prices, orders, positions, and other dynamic information.
Rate Server
Being a leader in the world of capital markets e-business requires the ability to provide immediate and simultaneous prices to multiple clients. Rate-Server module provides functionality to distribute centralized pricing through affiliate institutions to individual customers.
Auto Pricing Engine
Auto Pricing engine allows servicing your customers more efficiently by automating price customization for any client. Automation delivers a timelier customer response and allows company to focus more time and attention on value-added services that increase customer satisfaction.
Margin Monitoring
Margin Monitoring component is a risk management and position-keeping system for collateralized FX trading. Margin Monitoring provides a real-time margin trading service that can be tailored to reflect a company's own views about the appropriate criteria for collateral, risk management, accounting procedures, margin requirements, profitability, and customer service. In turn, it will totally remove the need to run End Of Day Mark-to-Market report.
Order Monitoring
Monitors Entry, Stop Loss and Limit Profit orders according to the rules configurable from System Setting component.
Order Auto-Execution and Monitoring
Handles the auto-execution of orders and position liquidation based on a defined set of rules configurable from System Setting component and controllable by a Dealing Desk front-end application.
Chart Server
Responsible for retrieving rate history and building up a dataset used by Trading Desk application for drawing charts.
