TRAD/X

universal Trading platform

TRAD/X is a robust trading platform for Equity and Fixed Income Securities, FX, Commodities and Futures in a single platform with built-in risk management controls.
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TRAD/X is fully compatible with other CMA products. In addition, TRAD/X allows integration with multiple external CSDs.

TRAD/X is built using CMA's unified engine with highly configurable architecture that incorporates Depository, Registry, Trading, Settlement and Clearing services.

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PRODUCT FEATURES

Multi-market types

Different type of markets such as quote driven and order driven.

Multi-order types

Automatic orders matching and trades execution et cetera.

Standards

TRAD/X is built in compliance with such practices and standards as GMRA2011:2011: Global Master Repurchase Agreement, ISO 10962, ISO 15022, ISO 20022, FIX, ISO 6166, ISO 13616-1:2007, ISO 4217, ISO 3166, ISO 9362, ISO/IEC 27001:2005, ISO9001:2008.

Multi-asset platform

Support of general types of instruments: equities, fixed income securities, FX swaps, commodities and futures.

Central Сounterparty

Full support of Central Counterparty trading facility for Repo, Reverse Repo and SLB transactions.

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Risk management

Built-in risk management controls based on custom methods and SPAN-like algorithms. Pre-trade checks can include participant limits, shareholder or broker limits or counterparty limits for different markets.

Auctions

TRAD/X provides support for different types of Auctions: Primary, Buyback, Underwriting, Outright, When-issue, Green-shoe, REPO and Reverse Repo, Securities Lending and Borrowing and Interactive Auctions.

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Download TRAD/X brochure for details

TRAD/X is a robust trading platform for Equity and Fixed Income Securities, FX, Commodities and Futures in a single platform with built-in risk management controls.

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