Newsletter nr. 3-2004
 
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Automated trading systems Click here to view all our newsletter...
 
Automated trading systems
 

The need for fast and reliable automated trading systems is well demonstrated by recent facts as reported by Risk News on 16th August 2004. On 2nd August 2004, Citigroup ignited a major market movement in bond markets and struck a big deal exploiting temporary limits on electronic execution platforms. 

Click here to read the news.

To comply with the recent growth of electronic trading platforms FMR Consulting has developed a highly efficient Pricing Engine for automatic real-time quotation in a multi-market environment, using inputs from different sources and adopting financially consistent (arbitrage free) models.

The system is designed to support the concurrent operation of several users and to sustain real time calculation for hundreds of bonds. Among several features (listed in the brochure), FMR Pricing Engine automatically interacts with SmartOrders FastTrack engine (by ListGroup) to produce care orders for hedging according to the following strategies:

  • BPV Based single security (Bond & Futures);
  • 2 securities (Bond & Futures, BPV based, nominal weighting);
  • STIR Futures strip Hedging.

Download the brochure for more information on FMR Pricing Engine.

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