Typical software structure of a Broker-Dealer
Every broker dealer has three departments: Front-Office Middle-Office Back-Office Sometimes, middle-office and back-office are merged into the single department where the functions of middle-office are split between front-office and back-office.
Read MoreWho is a broker-dealer?
Most of people who use “broker-dealer” term have little understanding what does it mean and what is involved to become a broker-dealer. Broker-dealer must hold a license and to do that he must complete 28-pages uniform application for broker-dealer registration. This application asks certain questions like: Who are principals? Who will be CEO and CFO?…
Read MoreNeural Networks for Trading Software
The majority of contemporary theories claim that it is possible to predict the price of an asset by analyzing its historical performance. Contrary to this belief, there is also a theory that all prices change randomly and it is absolutely impossible to forecast the outcome. Provided that you have no intention to use historical data…
Read MoreETNA Software to Showcase Custom Trading Software Technologies at Traders Expo in Las Vegas
ETNA Software will show custom financial software technologies at the Traders Expo 2012 in Las Vegas on the 14th –17th of November. ETNA Software creates custom solutions for electronic trading, algorithmic and mobile trading, asset & portfolio management and other technology solutions for the financial industry. Our solutions are demanded both by buy side and…
Read MoreETNA Software to exhibit at FIA 2012 Futures and Options Expo, Chicago
ETNA Software is proud to present its cutting edge financial software technologies for electronic trading and asset management at the FIA 2012 28th Futures and Options Expo held at The Hilton Chicago on the 31st of October – 1st of November. ETNA Software’s booth number is #1611 and is located in the Northwest hall of…
Read MoreTypes of Binary Options: Cash-Or-Nothing, Asset-Or-Nothing
The most popular binary option type is “cash-or-nothing”. It is easy to understand: For example, you get $1,000 (K) if the underlying price (S) is more than strike price (X) at the expiration date. K if S > X You get nothing if the strike price is less than the underlying price at the expiration…
Read MoreETNA Software has developed a Binary Options monitor and traffic generation desktop application for the UK market
ETNA Software, a custom financial software vendor, has developed the software for binary options: the options monitoring and traffic generation Windows desktop application for ERA Media Online – an advertising agency in UK. “We are building financial software applications for all types of asset classes, and, with the release of this product, we have extended…
Read MoreKnight Capital glitch commented by ETNA Software CEO Roman Zhukov
The glitch that happened with Knight Capital’s algo trading robot can be called the tip of the iceberg. The same sort of situations happen every day, but with less dramatic effect, with many algo strategies. The main reasons for these situations are: The quality assurance tests that are used The need to handle a huge…
Read MoreWhat is a Binary Option
Binary options (also called “Fixed Return Options”, “FRO”, or digital) are popular in the OTC market for hedging. They are also useful for speculators and for other traders to construct complex derivatives portfolios. The payoff for these kinds of options is fixed. Buyers can get a fixed amount of cash or assets in case the…
Read MoreWeb Sockets: Work Together With Messaging Queue
Web sockets provide a reliable and easy-to-implement way to connect web clients with business applications which use messaging queues for inter-module communication. This approach may also reduce costs for integration and end user client by using an existing infrastructure. We were very excited with using web sockets for the ChoiceTrade trading platform (they are used…
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