The EFOTrade is an Internet and integrated real-time online trading platform. It provides Internet order entry, order management, portfolio management, and Sino-market order routing facilities for true market interconnectivity and superior straight through processing with Exchanges' trading engine.

Cases:   BOCI SpeedyTrade   ABC SpeedyTrade   GTJA Internet Trade

EFOTrade can fully integrate with the Brokers & Sales Management System (BSMS). It allows brokers, dealers and sales to access clients' transactional data, Sino -markets portfolio and accounts information.

EFOTrade will significantly improve the efficiency in your securities trading arena. With EFOTrade you and your firm are guaranteed swiftest, reliable processing of order execution and management. Whilst at the same time you can feel assured your system will move effortlessly into the future as new market innovations and trading methods are implemented.

The EFOTrade has currently been built with communications to the Hong Kong market, and China Shanghai and Shenzhen A & B share markets, for straight through order processing. Global Futures & Commodities as well as Spot Forex can also be optionally integrated.

The EFOTrade adopts the FIX Engine which is a Microsoft Windows ActiveX control that gives application programmers instant access to the widely accepted Financial Information Exchange (FIX) protocol. It provides a simple, feature-rich set of APIs that gives control and flexibility to the application programmer, while maintaining multiple FIX sessions according to specifications.

The EFOTrade FIX Engine is the perfect tool for anyone developing a product that needs to speak 'FIX' to other internal or external systems.

• Handles all administrative functions of the FIX specification, including: Heartbeating, Responding to Test Requests, Rejecting Messages, Sequence Control and Retransmission of Messages, and more
• Allows functions to be controlled by the application program if desired
• Includes a single-module design for straightforward embedding into any 32-bit Windows application Microsoft NT4, Windows 2000 and XP Operating Systems
• Supports all current versions of FIX: 2.7, 3.0, 4.0, 4.1, 4.2 and upcoming 4.4

Features

• Supports Sino-markets and instruments with User-friendly order entry and enquiry screens
• Fast and Easy Order Entry input directly and all orders are automatically validated in the EFOTrade information screen before being sent to the market.
• Straight through order processing to the relevant markets
• Automatic validation of stock data such as code, lot size and price
• Supports advanced order types for multiple Sino-markets
• Instant Notification of Trade Confirmations and rejections ensure the client has the most update status on open orders.
• Real-time tracking throughout the order cycle
• Supports sophisticated margin accounts with real-time margin positions
• Quick Internet Access to Sino-market Consolidated client positions and portfolio details allowing clients to view their real-time positions including Transaction History and Account Balance Details
• Sophisticated real-time valuation for client's booked profit and loss
• Supports both advanced encryption methods in conjunction with the FIX Server and proprietary dynamic encryption techniques
• Provision to support Financial Information Exchange protocol (FIX 4.4) and FIXML 4.4 for XML interface

Features with Brokers & Sales Management System (BSMS)

• Full client details instantly displayed on screen (optional)
• Traders and account executives have access to critical information for both risk management and serviceability within company definable parameters
• Multi-level management and dynamic management structure
• Generates critical management information, client records, operational reports and other necessary statistical information for each level of management
• Provides Portfolio management capability for the centralized reconciliation and updating of client portfolios and positions
• Real-time commission calculation and reporting for salespeople's incentive and reference

Benefits

Save time and communicate order activity more effectively with automatic functions that eliminate time-consuming manual entry or order indications and vastly increase office efficiency and reduce the potential of human error.

Advanced Functionality - Access to sophisticated real-time trading tools enhances the service level offered to clients, creating competitiveness and generating additional profitability.

Performance - Superior straight through processing handling multiple instruments from multiple markets in an efficient manner.

Safe & Secured - The system utilizes a multi level security infrastructure. On the application level, a p roprietary & sophisticated Dynamic Encryption Techniques is used for all EFOTrade access in order to provide secure communication channels. This ensures that data integrity is not violated and that data has not been modified, deleted, or replayed during transmission.

Scalability - The EFOTrade application servers have been designed using a scaleable architecture allowing for future expansion in a fast efficient manor. The system caters for Fail-over, Load Balancing and High Availability. Load balancing is accomplished in two levels, on Internet traffic level and application business request level.

Feed Management - EFOTrade has proven feed management for the real time quote feed from Exchanges. The feed manager maintains all data received from the various feeds and ensures data is stored and distributed in an efficient manner.

Rapid time to market - The EFOTrade FIX Engine facilitates quick development of products and services that require the FIX protocol for communicating trade information to counterparts. Programmers gain instant access to FIX, without having to write their own message parsers and interpreters. This can save time and quicken the pace for delivering products and services to the marketplace.

Easily send messages to FIX counterparts - in the widely used FIX format, enhancing your connectivity and sources of liquidity

Reliability & Redundancy - Automatic switch-over for both data-feeds from Exchange and the robust multi-servers infrastructure provide for worry-free reliability and complete system redundancy.

Low Overhead for Internet traffic - the client server architecture provides a robust infrastructure and Low Overhead for Internet traffic thereby becoming cost effective and efficient.