myForex Trading Platform Features for Dealing Desk

myForex is a trading technology for Forex market makers (dealers) and brokers. We believe that myForex Trading Platform presents the most complete set of features covering all areas of Forex trading, what makes it the number one on the trading software market today. Below please find a list of the most important system features for company dealing desk.

For printable version of myForex Trading Platform features and components, please download System Whitepaper document in Adobe PDF format.

 

Real-time Information Exchange: all information is exchanged on the myForex dealing network, including rates distribution, order routing, trading confirmations. Execution happens in real-time - trading report is delivered immediately.

Real-time Monitoring and Alerts on Orders and Outstanding Positions: system warns the dealer when the market is moving close to the order rate at which a client has an outstanding order or position; system alerts the dealer when a client is reaching his trading limits and is being margined out.

Real-time Risk Management: ability for the dealer to manage the company's overall exposure to the market instead of micro-managing each position. The dealer may view the net exposure of the company in each instrument at any time. The system monitors not only customer positions, but also positions outsourced to other financial institutions.

Automatic Clearing: allows the market-maker to automatically outsource any internal order to an “omnibus” clearing account open within another market-maker.
Automatic Order Outsourcing: system automatically generates appropriate orders in clearing house according to the company risk management settings.

Profit Maximizing: system automatically generates “take profit” alerts for the Dealer’s positions in clearing house according to the company trading policy settings.
Multiple Dealers: system supports multiple dealers, and has the capability to track their activity on the personal level.