OctaX

OctaX is a spot and NDF forex algorithmic trading solution specially designed for financial institutions.

Benefits

  • Enables automatic trading flows for FX spot and derivatives quotes coming from electronic FX trading platforms or through in-house proprietary channels, with a wide variety of pre-trading to post-trading features.
  • Monitors real-time automatic order execution (RFQs), performs automatic and continuous hedge of the bank´s currency exposure, controls the trading flow execution for the FX-Spot, FX-NDF or FX-supplier OctaX profiles.
  • Calculates and displays real time revenues generated by the sales desks
  • Parameterizes limits, spreads, trading features and settings by currency, maturity, volume, customers and product types.
  • Produces statistical reports of traded volumes, requested orders, rejected or lost orders, etc..
  • Controls the automatic FX trading flow through maximum order limits, internal transfer pricing mark-ups and individual customer spreads for spot and NDFs quotes.
  • Updates the bank´s FX ticketing system through an API specifically designed for this purpose.

Benefits

  • Enables automatic trading flows for FX spot and derivatives quotes coming from electronic FX trading platforms or through in-house proprietary channels, with a wide variety of pre-trading to post-trading features.
  • Monitors real-time automatic order execution (RFQs), performs automatic and continuous hedge of the bank´s currency exposure, controls the trading flow execution for the FX-Spot, FX-NDF or FX-supplier OctaX profiles.
  • Calculates and displays real time revenues generated by the sales desks
  • Parameterizes limits, spreads, trading features and settings by currency, maturity, volume, customers and product types.
  • Produces statistical reports of traded volumes, requested orders, rejected or lost orders, etc..
  • Controls the automatic FX trading flow through maximum order limits, internal transfer pricing mark-ups and individual customer spreads for spot and NDFs quotes.
  • Updates the bank´s FX ticketing system through an API specifically designed for this purpose.
We are a Bloomberg Integration Partner certified company, belonging to a select network of technology providers capable of meeting the rigorous standards of operational excellence, quality, security and reliability required by the Bloomberg Integration Partner program.

Main Features

  • High-performance FX spot and NDF pricing engines, including interest rate calculations and curve interpolations.
  • E-sales blotters with real-time firm quotes and done deals. Specific settings: customer spreads and transaction limits defined by currency, product, term and volume. Automatic trading pause function available for individual customers for each FX product.
  • Specific treasury real-time blotter (FX-supplier) displaying all quotes and transactions carried out by product and currency, currency mark-ups settings and the all the automatic trading pause functions available to the FX treasurer.
  • Expandable architecture to handle new currencies or financial instruments.
  • Real-time production of electronic trading receipts.

Main Features

  • High-performance FX spot and NDF pricing engines, including interest rate calculations and curve interpolations.
  • E-sales blotters with real-time firm quotes and done deals. Specific settings: customer spreads and transaction limits defined by currency, product, term and volume. Automatic trading pause function available for individual customers for each FX product.
  • Specific treasury real-time blotter (FX-supplier) displaying all quotes and transactions carried out by product and currency, currency mark-ups settings and the all the automatic trading pause functions available to the FX treasurer.
  • Expandable architecture to handle new currencies or financial instruments.
  • Real-time production of electronic trading receipts.