Trading
5 Reasons to Stop Building Trading Technology from Scratch
For reasons we cannot fathom, broker-dealers and FinTech firms are under the impression that buying a turn-key trading platform isn’t affordable. It seems like only a small clandestine group of tech-savvy Wall Streeters are aware that building a trading platform from scratch is more resource intensive and time consuming due to the plethora of known…
Read MoreQuickFIX creators honored with awards from FIX Trading Community
The FIX Trading Community standards group honored with awards the QuickFIX creators from Connamara Systems and Thoughtworks for their roles in establishing the QuickFIX Open Source Project.The Financial Information eXchange (“FIX”) Protocol was developed in 1992 as a result of collaboration by select participants from worldwide banks, broker-dealers, exchanges, industry associations, institutional investors, and information technology providers.…
Read MoreThe ETNA Broker Suite – a Broker-Dealer Out-Of-The-Box – is Introduced As Platform-As-A-Service by ETNA
ETNA’s new announcement means that an online brokerage business can launch a custom, state-of-the-art trading platform in a matter of weeks. NEW YORK, NEW YORK, December 9, 2013, No doubt ETNA’s recent announcement about their ETNA Broker, broker-dealer out-of-the-box technology solution, available as platform-as-a-service is good news to all retail broker-dealers and introducing brokers. ETNA Broker…
Read MoreNew Release: ETNA Trader Mobile Edition
NEW YORK, NEW YORK, June 13, 2013. ETNA is proud to announce the release of ETNA Trader ME, a white labeled mobile trading platform designed for banks, broker-dealers, and other electronic trading service providers. The platform is entirely neutral and easy for re-labeling enabling electronic trading providers to offer mobile trading capabilities to their end…
Read MoreTypical 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 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 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…
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