a. Stop Triggers
b. Stop Limit Orders
a. Conditional Order – If Done Orders
b. Conditional Order – One Cancels Other (OCO)
c. If Done OCO
a. Pegged Order - Offsets
b. Pegged Order - Discretion.
c. Pegged Order - At-Or-Better.
d. Pegged Order - Protected Peg.
a. TWAP Fixed Time
b. TWAP Fixed Slice
c. Floating Passive
d. Floating Aggressive
e. TWAP Randomized
f. TWAP Randomized Market Participation
a. Partial Fill
b. Minimum Amounts
A new interface allows customers to net multiple spot trades of a single
currency pair and value date down to a single exposure, and then roll this
position forward utilizing a Swap RFS trade. The near leg of the swap will
offset the original trade(s). The Swap RFS can be submitted to the original
bank or to a group of banks if the customer is in a multi-bank environment.
By utilizing Net & Roll, customers can receive competitive rates for
their roll transactions.
The VWAP feature provides enhanced quote information for the New York,
London and Tokyo markets. VWAP is the Volume Weighted Average Price and is
calculated as a 5 minute rolling average. It is found to the right of the
big figure. VWAP also provides the open, high, low and close for the top
ten currency pairs. The opening and closing is the VWAP at 8:00 AM and 5:00
PM local time, respectively, for each market.
Staged Orders is a new order upload and order management system for clients
who require specific risk controls in their FX trading platform. Order
staging creates separate and independent roles. A “Submitter” has the
ability to upload Staged Orders (parent) to the Currenex
platform but does not have the ability to submit orders to the Currenex marketplace for execution. A “Trader” can
select a Staged Order to ‘work’ and then create a Trading Order (child) for
execution. A Trader cannot upload Staged Orders, and trading privileges are
restricted to entering only Trading Orders linked to previously submitted
simple integration with dealing and back-office systems
broker give-up and credit
limit orders filled automatically
Label trading solutions
ASP supported - upgrades and enhancements provided automatically
Customisable User Interface:
resize/hide individual components of the service.
Monitor: organise, locate and act on trades
and orders at various stages of the trading lifecycle.
Monitor: alerts users to changes in the status of orders and pending
actions, allowing you to quickly take the appropriate action to
complete a trade.
and Drafts: One-click display enables you to monitor the market and
send trade requests; set alarms to notify you when specified currency
pairs reach user-defined levels.
trading and execution
liquid market and tight spreads
flexible user interface; detachable, live snapshot of liquidity
Status Area - to view order placement and
execution notification offers unprecedented visual access to the
status of pending deals, done deals, and resting orders; gives users
the ability to rapidly modify or cancel individual active orders, and
complete partial fills.
Market Depth choices for ESP™ - Standard (set in
preferences), Consolidated (aggregated price and amount available),
and VWAP (volume weighted average price).
Limit button - displays the users credit limit(s) and how much has
been used. The button itself will also change color to alert users as
credit limits are approached or exceeded.
defined One-Click trading buttons
Spot Positions Tab now shows
currency pairs by base AND term amounts; average
price of all Spot buys and
sells (separately and by currency pair); net
position (total long and short
position by currency pair) and all
in rate - the all in cost
average for spot transactions, including realised
and unrealised P/L in the Currenex trading day (17.00 EST to 17.00 EST).
trading allows the ability to
have live streaming executable prices and make real-time automated
to prime broker network
Templates and Drafts offer enhanced user customisation
- buy-side users can easily recall pre-defined fields for frequently
Makers and Intermediaries:
in any currency pair delivered according to your specifications
real-time rates streaming - single stream to multiple customers,
customized streams to individual customers
update of average price, net position and all in rate of day's Spot
trades (ESP™, RFS, direct and Benchmark); copy and paste data into
profitable order flow opportunities
cost effective, strategic alternative to 1-to-1 eFX