Untitled Document
 
   SECURITIES 
 
 
MarketMatrix
   Highlights

   Features

   Functionality

   Demo
 
 
A front-end trading application that provides access to market data, executions, special order entry features, positions, P&L, and numerous other features. Some of the highlights that differentiate MarketMatriX over the competition include:
  • Based on an open, extensible system architecture that allows for easy integration of new data feeds, execution interfaces and trading services.
  • Market data from all available sources of liquidity is displayed in a unified
    presentation montage for all quotes and book depth.
  • Market data and executions are rapidly enabled through direct connections to ECNs and exchanges, as opposed to going through third-party data and system vendors.
  • The highly customizable front-end trading application supports a variety of trading styles and allows a smooth transition from other interfaces.
  • Customizable hot-keys allow repetitive trading functions to be automated rapidly.
  • A component-based architecture for the front-end trading applications allows new features and functionality, such as advanced trading and execution strategies, to be added and integrated easily.
Integrated Back Office Services
TradePortal provides products that generate detailed end-of-day reports and interface with clearing organizations for transfer of data in appropriate formats. The back office services also take care of transaction history and billing. All under the control of the customer and not another add on service that has to be paid for with additional charges as in competitive models in the market.
 
 
 
Reasons to choose MarketMatrix
 
Features
Benefits

Trading Desk Coverage

MarketMatriX supports OTC Market Making and Agency order desks while seamlessly connecting to the middle office for trade allocations providing straight through processing (STP).

Connectivity Services

MarketMatriX provides electronic connectivity to a vast array of liquidity pools, thus acting as a gateway to Exchanges, ECNs, ATS, SuperMontage, SuperDOT and the Regionals.

Integrated Data Display

Market Matrixs proprietary LiquidBook supports automatic quote management of SuperMontage and ECNs including depth of book displays for ARCA, I-NET and BRUT. MarketMatriX provides support for multiple market montages while utilizing point and click execution in addition to advanced keystroke and programmable speed order buttons.

Advanced Order Entry

MarketMatriX supports automatic quote management (AQR), anonymous orders and advanced order types such as pegging, pegging with an offset, discretion, reserve and random reserve.  TradePortals advanced FIX connectivity to all ECNs eliminates SelectNet and SuperMontage fees when appropriate while utilizing our proprietary algorithmic smart router technology.

Algorithmic Smart Routing

MarketMatriX utilizes intelligent IOC orders to multiple ECNs to ensure rapid and efficient trade execution ensuring minimal market impact of larger sized orders.

Advanced Decision Support Tools

MarketMatriX brings together rapid and efficient execution, market data, book data, news and analytics, in addition to institutional order and portfolio management in a consolidated display.

Compliance

MarketMatriX provides a variety of tools to assist senior management in providing high level regulatory oversight within the firm.  In real-time, management can monitor and adjust shortable inventory, report on ACT, and adjust order handling rules.  MarketMatriX handles ACT reporting, OATS reporting, Exception and Audit trail reporting,

Risk Management

MarketMatriX provides a dynamic, real-time environment for monitoring P&L and live orders.  Hierarchical permissioning allows complete firm transparency for properly permissioned management and senior traders.  MarketMatriX also provides configurable limit alert monitoring and volume threshold monitoring.

Quote Management

Quick buttons and keystroke controls to manage firm quote price and size, reserve and new refresh amounts.  

Order Management

MarketMatriX is used to capture all institutional, retail, broker-dealer and correspondent order flow.  These can be entered directly into the system, taken from the Internet, over FIX, or from third party providers such as Bridge IOE, Thomson Trade Route, or other leading institutional order management systems.

Intelligent Orders (Smart)

Make markets while transacting on any or all ECNs in combination to mask intentions for larger order accumulation in an anonymous fashion.  IOC Smart Pulsing ensures rapid and efficient execution while minimizing market impact and offers economic execution benefits.

Configuration

MarketMatriX utilizes a floating Windows environment allowing complete customization and integration with third-party application.

Middle Office

MarketMatriX provides comprehensive solutions for trade allocations from within the application.  Allocation can be configured to distribute a fixed number of shares between multiple accounts or using definable percentages.   Allocations can also be facilitated via FIX connection and provides trade confirms over fax,  emails in pdf format, secure web login, and via pre-formatted c.s.v. files.

PLUS

ALL OTHER FEATURES OF PROMATRIX ENTERPRISE !

 
 
Features
Benefits

Speed

TradePortal has direct, high-speed connections to all market data sources and order entry systems, with no additional intermediaries. Customer orders are not routed through any middle participants, and are direct to the source.

Minimized operational
and
administrative overhead

Customers only need to connect to TradePortal. All connections are managed and processing for all market data sources and order entry systems are facilitated by TradePortal. Communication costs are reduced or eliminated, providing additional savings to the customer.

Expandable

TradePortal integrates new market data sources and order entry systems as they become available. The customer is able to immediately access them through the same interface and over the same connection. There is literally no additional effort on the part of the customer to gain access to these new sources as they become 'standardized' into the TradePortal network.

Broker Neutral

TradePortal is a software engineering company, specializing in trading network systems.  There is no bias with respect to order routing and there are no internalized orders.

Permission based systems

TradePortal is able to permission feeds to its customers in order for them to access only the sources they want and for which they are granted permission. These permissions can be changed at any time through a unique log off and log on sequence.

Internalized Order Books

Proprietary order books can be easily added to the One-View TM market montage. These  are made available on a permission basis.

TradeSmartTM

MarketMatriX includes the proprietary TradeSmart order entry interface, providing dynamic discovery of order entry features for each system.

One-ViewTM

The One-View application provides access to all order entry systems through a single connection using the FIX 4.2 interface.  

Fault Tolerance

TradePortal has redundant connections to all sources and redundant servers for all processing.  All market data and execution information for the current trading day is completely recoverable.  

Responsive

TradePortal's team of highly experienced professional engineers are able to quickly add new features based on customers needs and requirements.

 
 

Features

Benefits

DVP/Done-Away

Manage Done Away trades and DVP trades through the integrated - manual order entry account manager.

Trade/Account Allocations

Allocate Trades within your portfolio and between various accounts.

Assigned Support Representatives

As an institutional client, in order to serve you as quickly and effectively as possible, you will have both an Institutional Relationship Manager and an Institutional Sales Representative assigned to you. You have the ability to work with your representative to specifically tailor a mutually-beneficial relationship that is aimed at meeting your needs

Customized Institutional Service Offerings

We offer you a full range of market-leading solutions customized to meet your individualized needs.  

Integration

Beginning of Day and End of Day Integration with Prime Broker or Clearing Firm

Text Order Entry

Trades can be manually entered using the text based order entry system. Designed for Market Makers that are accustomed to this method of order entry, it is also available to professionals through the ProMatriX product line.

ASP, Licensing and
Service Bureau options

TradePortal's MatrixSuite of Enterprise Applications for the Institutional Sector can be hosted through an Application Service Provider (ASP) model.  The Institutional Product line is available for licensing and can support Service Bureau arrangements to facilitate firm PORT ID's for Market 'give ups'.

ReportMatriX

Easy online access to ReportMatriX offers you reporting capabilities, and extensive management report capabilities, allowing you to view and evaluate the performance and statistics of your overall portfolio on a daily basis.

Multiple View

Permission Users to access multiple or selected accounts for trading or view only privileges.

 
 

Additional Features

Additional Benefits

Integrated Trading Tabs

  • Trade all liquidity instruments from one trading window
  • Trade NASDAQ OTC, Over-the-Counter securities
  • Trade NASDAQ OTC-BB - Bulletin Board securities
  • Trade New York Stock Exchange - NYSE Listed securities
  • Trade Options on all the available exchanges
  • Futures Trading Coming soon
  • Access fundamental data on NASDAQ and NYSE Companies

Hot Keys

Advanced Order Entry through keyboard stroke combinations, fully customizable and easy to use interface. Hot Key configurations can be exported, shared, and printed to view key names, actions and descriptions

Rapid Point and Click Order Entry

Mouse driven order entry through single and double click entries into the Level II montage.  Simply double- click on a Market Maker or ECN to load your preferred market participant, then single click to load your order price.  Click to Buy, Sell or Short a security.

Order Defaults

Order Default Settings for a single (local) trading window, Easy One Window Management set up includes control over: Shares, (adjustable to Open Position), Route, Order Type, Time In Force, Display quantity, Random Reserve, Discretion, Peg Type, Peg Offset and Account Reference

Advanced Order Management System

Set order entry conditions around a specific symbol.  The Intelligent symbol orders are based on pre-market, market and post-market trading.  The share size and market routes are determined around market conditions.  

Ability to Trade or
View Multiple Accounts

Drop down list control provides swift, 'at-your-fingertip' access to multiple accounts. Use this feature to trade from different accounts or view any authorized trading activity at any time.

ShowME Level II

See your order displayed along with the rest of the market makers and ECN participants.  Your order is shown in the Level II Montage and highlighted for easy identification.

Fast Order Edit

Use the Rapid Order Edit Panel to join the Bid or Ask, or place your order immediately at the market.  The rapid edit panel provides the ability to increment or decrement an order instantly, and offers a customizable "bump" price window that can be used with keyboard arrows or a mouse.

Conditional Orders

Set conditions around orders and by account. Hold orders inactive or make them active instantly. Set triggers based on best bid/ask criteria at or above/below predetermined values or set trails. Execute buy/sell/short orders on any pre-selected route or choose the SMART route and proprietary algorithms will find the best available route(s) on which to send orders at the Market.  Set orders intra-day or for a month or even longer.

Stop Order

Use this feature to send an order to sell a stock when its price falls to a particular point, thus limiting loss (or locking in a profit). Also referred to as a stop-loss order. Stop orders can be used before leaving for holidays or entering a situation where you are unable to monitor your portfolio for an extended period of time.

Trailing Stops

Use this feature to send an order that is set at a percentage level below (for a long position) the market price. The price is adjusted as the price fluctuates.

Good Till Cancel Orders

Use this feature to send an order to buy or sell a security that will remain in the market until you decide to cancel it later.

Standard Order Entry Types

  • Direct Orders to any available system

  • Place limit orders to ECN order books as well as "hit and take"

Special Order Entry Types

  • Sweep across all available order entry systems

  • Reserve quantity features for order directed at any system

  • Price discretion features for orders directed at any system

  • Price pegging for orders directed at any system

Intelligent Sweeps

continuously search across liquidity sources based on real-time market data while minimizing market impact

Intelligent Probes

orders that will hunt for reserve and hidden quantity sequentially from all market makers and ECN's

Flexible Portfolio Management

View your account status by order messages, orders,  fills, trades, positions, or by average price.  View the status of all of your accounts from one completely integrated window.

Execute Orders from Account Manager (BAIL)

Flexible order management from the account manager allows a trader to exit positions quickly, (BAIL) by account, by position or by percentage basis.

Trend Indicator

The Trend Indicator records the last 8 ticks and displays the information in a graphical color band that gauges the near term tick trend

Profile Sharing

Create and Save an unlimited amount of layouts and store them as profiles on TradePortal's servers.  Access them from anywhere in the world, and from any computer.  You can share your trading profiles with friends or anyone in the TradePortal community.

Instant Chat via MatrixMessenger

Matrix Messenger is TradePortal's proprietary chat application.  Immediate support is always available through this instant messenger interface. TradePortal offers support through several departments and is "on demand".

Completely Customizable
Colors & Themes

Advanced color chooser - allows for full customization of Montage Tier colors, ECN color tiers, Out of Range Quotes and Closed Quotes color settings, SHOW ME colors and Broker Highlight Color configurations. All color settings are enabled for background and text color configuring. Scroll bar and Montage Menu headers can be set for display or hidden status. Easy to change Font styles and sizes.

Intelli-quotes

Automatically puts bad market maker or ECN quotes at the bottom of level II montage in "Out of Range" status. Allows pre and post market ECN activity to display for trading before and after market hours.

Linked Windows

Quickly add additional Matrix trading tools that are instantly linked to the Trading Window

TradeSmart TM

TradeMatriX includes the proprietary TradeSmart order entry interface, providing dynamic discovery of order entry features for each system.

One-ViewTM

The One-View application provides access to all order entry systems through a single connection using the FIX 4.2 interface

Panel Management

Add, Remove and Arrange Trading Window Panels: Quotes Panel, Order Panel, Level II Panel,  and Rapid Edit Panel

Select Quotes

Add ECN depth of book quotes to the trading montage, Level II, Island Book, NYSE Open Book

Display Order Confirmation

Select On/Off pop-up dialog window that confirms the details of your order before sending it to the market automatically calculates the total dollar amount of the order  by multiplying share size by order price

Manage Broker Highlights

Highlight multiple combinations of Market Makers and ECN's in order to follow their activity

Highlight MMID

Highlight any single Market Maker or ECN in order to follow their activity

Remove MMID

Manually remove Market Maker or ECN if quotes are crossing or locking the market

Column auto size

Fast adjustment that resizes MMID, BID, ASK and SIZE columns into a "snap to fit window" view state

 
You will save time and money by not having to make hundreds of changes and expend valuable time working with outdated systems. And because TradePortal has Developed an ASP (Application Service Provider) model, your firm can be up and running with minimal effort and expense. TradePortal is more than a direct access technology company, we are a full solutions provider to the financial services community.