Equity Trading
MGL Finance Equity Trader™ is designed for global institutions and offers the most comprehensive range of functionality, the industry's most advanced technology infrastructure, and unprecedented flexibility – all delivered faster than traditional packaged applications.
MGL Finance Equity Trader addresses the complete range of equity trading styles, this ensures that no matter what type of trading is required, MGL Finance Equity Trader provides the most comprehensive solution. We cover trading from single stock/block, to list/program trading, utilizing a comprehensive list of inbuilt and third-party algorithmic trading strategies. We also support DMA, allowing your customers direct access to sources of liquidity.
Broad Support for Equity Trading:
- Single stock/ block trading
- DMA (Direct Market Access)
- Algorithmic trading
- List or portfolio trading
Comprehensive Functionality:
- Order management
- Basket management
- Market data management
- Electronic trading
- Internalization/crossing
- Electronic market management
- Position management
- Risk and analytics
- Trade management and processing
- Maintenance functions
End-to-End Trading
MGL Finance Equity Trader includes full functionality to support all aspects of the trade life cycle from order initiation, trade management through system static maintenance functionality. This ensures that the front- and middle-office users are fully supported and can a monitor and manage trades, market data, positions, risk exposure, trade processing, and all static data.
Functionality
Order Management
MGL Finance Equity Trader supports single orders, DMA, or basket orders.
- Order capture (via FI X, file, OMS, et cetera)
- Order validation
- Order aggregation
- Order/ wave slicing
Market Data Management
MGL Finance Equity Trader interfaces with all major data vendors and distributors. In addition, it applies price and quote information to order and positions and drives real-time P/L calculations.
Trading
MGL Finance Equity Trader manages single order or basket trading.
- Electronic order routing
- Execution management (manual or auto-trading/limit order management) and execution validation and capture
- APIs for algorithmic trading
- Manual trade entry
- Trade blotters
Position Management
The solution manges positions across single orders, basket level, account level, and account hierarchy.
- Monitor positions
- Monitor real-time P/L
- P/L support; FI FO and specific identification inventory methods
- Drill-down to transactions
- Plug in third-party risk analysis models
- Slice positions by liquidity, industry, and other factors to see exposures
Trade Management & Processing
- Exception processing
- Transaction browsing
- Automated allocation, including step-outs
- Back office posting/ticket generation, including back to back
- Trade figuration (configurability supports all current taxes, levies, and fees across US, Europe, and Asia)
- Ticket optimization
- Automated cancel/correct
- Confirm generation and transmission
- Electronic interfaces to back-office systems
Maintenance
- Maintain instrument data
- Maintain index universes
- Maintain users and user groups
- Maintain books, accounts, and counter-parties
- Maintain commission schedules
- Maintain calendars
Connectivity
MGL Finance Equity Trader operates across multiple electronic markets, integrates to any market gateway product, and permits rapid integration with market data/static data/trade feeds.
The Configurable Solutions Advantage
Because our solutions are built using our component-based development platform, they are inherently flexible and scalable – our applications allow our customers to leverage maximum functionality, while working in a manner that is perfectly suited to their businesses.
Our applications adapt to our customers – not the other way around. Our customers work and generate profits in their preferred and proven ways using MGL Configurable Products.
Go to Fixed Income Trading
