Features |
The limit monitoring of Xentric Specialist verifies the executability of all order books of the specialist in Xetra Frankfurt 1 and 2. For this purpose, the executability of an order book is checked permanently as a crossed order book, against the own quote as well as the quotes of selected reference markets. The quote information of the relevant reference markets such as Xentric Quote Source and Reuters are processed with the quote interface. The calculation of the order book within the order book manager corresponds to the market model “continuous trading with specialists” for structured products, funds, bonds or equities. The specialists make use of the Mass Pricer to fix prices without volume and the Single Pricer for decentralized price fixing. The most flexible module, the Trade Machine, makes automatic quote calculation and price fixing possible. Benefits for our customers -
Efficiency: Automatic limit monitoring with simple parametrization of an unlimited number of order books. -
Flexibility: Functional expansion upon use of Trade Machine. -
Intuitive usability: Ergonomically designed user interface for limit monitoring, for displaying the decentralized order book and for primary data management. -
Performance support: To comply with the quality standards of FWB® Frankfurter Wertpapierbörse (the Frankfurt Stock Exchange). -
Reliability: Fully redundant system structure including hot standby functionality. -
Service: Support and maintenance hotline. |
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