Commercial Banks & Prime Broker
The ZagTrader Global Trading platform for Commercial Banks captures the entire workflow from Trading interfaces, Client on-boarding, Trading infrastructure, Custody management, Omnibus account management, Regulatory requirements, and Client reporting.
Supported Instruments
- Equities Long / Short
- Futures Contracts Long / Short
- Leveraged Forex Long / Short
- CFDs Long / Short
- Derivatives Long / Short
- ETFs Long / Short
- Bonds and Sukuks
- Options (Calls, Puts, Naked Calls/Puts)
- Funds
Improve Workflow
- Order flow capture and execution management with trading and sales workflows
- Algorithmic trading, event or rules based trading conditions
- Client and Trading interfaces that enable a completely digital experience from account opening to trading across Desktop, Web and native Tablet/Mobile applications
Manage Risk & Compliance
- Real-time trade capture and reporting
- Real-time alerts on pre-trade rejections, settlement limits, Client limits and thresholds
- Audit trail and regulatory compliant reporting at a User and Trade level
- Settlement & Clearing fails management, matching alerts and regulatory capital management
- Instant messaging system for internal use
Direct Market Access
- Direct certified FIX connectivity to Exchanges you are a member of
- In-bound connectivity from global routing networks (Bloomberg, Reuters, NYFIX)
- Provide institutional DMA with high/low touch trading workflows and automated routing rules
- Manage Institutional or DMA client orders with automated routing rules
Trading
- Pre-trade and Post-trade allocation capabilities, full support to manage a single order across multiple accounts in markets that force Pre-trade allocation
- Dealer interface developed to improve efficiency while providing capabilities for customizing all aspects of the layout, view, data and individual Dealer workflow
- Order authorization management for escalating order approvals internally across a Firm
- Internal ‘Chat’ tool allowing Dealers across multiple offices to remain in contact easily when managing order flow
Research & Data
- News feed from external data vendors or Exchange Data Feed
- Market Data Feed handler to process and distribute the Exchange Data Feed
- Charting, Analytics and Back-testing built into the solution
- Ability to provide Fundamental and company data within the solution
Flexibility & Scalability
- Open architecture: allows the traders to implement their own unique strategies.
- Providing white label solutions to other financial institutions
- Seamless integration with any external or legacy systems if needed
- The ability to run more than 100,000 symbols simultaneously.
- Extensive user privilege capabilities
Backoffice
- Modules covering Clearing, Settlement and Custody
- Ability to handle trading Settlement on a DVP/RVP basis with external Custodians and Sub-Custodians
- Automated workflow for preparing and processing Settlement payments, transfers and instructions
- Corporate Action management and reporting
- Client Reporting in customized CSV, Text, PDF reports or via direct Client Access updated in real-time
- Distributed Backoffice support with defined User rights and ability to manage workflow across multiple physical locations in real-time
