Hybrid Solutions is glad to launch the VertexFX Smart Dealer Application, you can now do your entire dealing and chatting screen work with just modifying some settings only once.
After setting your margins and waiting times that will be discussed later. Your VertexFX Smart Dealer will do the rest of the work. VertexFX Smart dealer will receive the chatting orders, accept and re-quote them according to specific rules.
The order will wait a number of seconds before being treated and processed, during this, the VertexFX Smart dealer will accept the prices of the symbol the order is requested for, and every tick, a “Best Price to be covered” will be stored; the best price is the value of the highest price than the requested price for Buy orders, and the least price than the ordered price if the order was sold, that have ticked during the waiting time.
After the waiting time is finished, the VertexFX Smart Dealer will re-quote the order for the best price, or accept it if no best price was captured. An acceptance margin can also take place, while you want to accept Buy orders, although they are a bit higher than the ordered prices, or less in the Sell case, you can set for these symbols what is called acceptance margin, this acceptance margin can take different values for different symbols, the VertexFX Smart Dealer will not re-quote to the best price while it is in the acceptance margin interval.
Moreover, in the log of the smart dealer, every transaction performed by the dealer is visible. Also, the loading of the symbols is automatically updated on the smart dealer with just having to re-login into it. Furthermore, it provides you with an option to choose the market price to give it to your customers rather than the best price.
VertexFX Smart Dealer ensures higher availability, stability and reliability since it is provided with automatic login, automatic re-login and automatic switching for chat after logging in. So you can leave the VertexFX Smart Dealer to do the dealing job alone for a long time.
To test the VertexFX Smart Dealer’s functionalities you have to get a Demo VertexFX BackOffice Account and then to download the VertexFX Smart Dealer Application, click here. To know more click here...