FX Inside Professional
Main Workspace and Deal Blotter
Order Blotter and Positions Manager
Integral FX Inside Professional
FX Inside Professional private FX trading system for Spot, Outrights and Swaps
A direct market access FX system that combines pricing from your liquidity providers with algorithmic trading to give you maximum liquidity and best execution
FX Inside Professional eliminates the need for viewing multiple FX applications on multiple screens by consolidating them into a single interface, optionally under your institution’s brand.
Traders see your complete list of market makers with their associated price streams, giving you full visibility and transparency of your liquidity.
FX Inside Professional algorithmically sorts and ranks prices giving you the best price for any trade size with real-time execution of large trades over multiple liquidity providers and their pricing tiers.
Three methods are supported for receiving prices and executing trades, Executable Streaming Prices (ESP), Request for Stream (RFS) and undisclosed or displayed orders.
STP allows executed FX trades to automatically flow into your back office regardless of liquidity provider.
With FX Inside Professional You:
- Maximize Profitability
- Increase Efficiency
- Reduce Execution & Operations Risk
Benefits
Best Price/Best Execution
FX Inside Professional algorithmically aggregates and ranks prices from your liquidity providers, giving you depth of liquidity and best price, so you can execute the best deal available.
Depth and Quality of Liquidity
Liquidity is consolidated and displayed with bad, stale, and latent prices filtered out.
Transparency
View your trading relationships with full visibility and transparency, consolidated on one screen.
Large Trades
FX Inside Professional’s algorithmic capabilities support executing large trades across multiple liquidity providers and their price tiers.
Size of large trades can be undisclosed keeping your interest private and supporting best pricing from your liquidity providers.
Single Configurable Interface
An intuitive, highly-configurable user interface provides flexibility in displaying all your liquidity providers with their multi-tier prices by currency pair, size, and provider on one screen.
Arrange and customize dealing panels to suit your requirements. Any panel can be torn off to be viewed on any monitor on your desktop.
Powerful Trading Techniques
Multiple trading modes, sophisticated order-crossing logic, and powerful configuration options for ESP, RFS and undisclosed or displayed orders, gives you complete control over your dealing activity.
Request for Stream
Request for stream for spot, outrights, or swap trades can provide access to more currency pairs and better prices for larger sizes.
Trade Completion
The FX Grid® low latency network increases the probability of filling and execute an order and reduce rejection rates from LPs due to delays. You can submit orders and execute your trades in real time.
Single STP
A single STP connection for all your liquidity providers gives you streamlined and efficient back-office integration.
Ease of Deployment
Integral’s solutions and services are delivered as a Software-as-a-Service (SaaS) so that you can quickly go live without having to set up, own and operate a costly IT infrastructure. No software to install, no migrations to plan.
Features
Price Discovery
- ESP Price Details Panel
Shows bid/offer prices sorted and ranked and depth of book. - ESP Prices Panel
Lists the best bid/offer prices for currency pairs according to best price, price at depth or VWAP. - RFS Price Details Panel
Shows the full depth of book and expiry periods for a specific currency pair. - Rates from multiple liquidity providers are displayed for a single request.
- RFS Price Panel
Lists the best price and expiry time for an RFS price stream. - See the result of multiple simultaneous RFS streams on a single panel.
- Display best bid and best offer.
Orders Panel
Enter an undisclosed limit or stop loss order, or display orders to be offered and matched by your counterparties.
Trade Execution Options
- Immediate or Cancel (IOC)
Any portions not immediately executed are automatically cancelled. - Work the Balance
Automatically execute orders at a selected price as rate updates are available for a remaining balance. - Icebergs
Select a partial amount of a total desired trade to be displayed to counterparties. - VWAP (Volume Weighted Average Price)
Execute orders keeping the average execution price at or better than a specified value.
Trade Entry Options
- Single click or double click on a price.
- Quick order entry buttons from a price ladder drop down.
- Manual entry of order in orders panel.
- Click on a price to accept an RFS offer.
- Use the optional custom keypad for dealer keystroke efficiency. Designed with industry standard specifications, the programmable keypad occupies a minimal footprint.
Reporting and Monitoring
- Monitors Panel
A single panel shows all orders, positions, deals, messages and exceptions with appropriate dates, times, and amounts. The panel can be searched, downloaded, and printed. - A Market Snapshot
Shows all prices at the time of the trade. - Reports
Reports can be created by currency pair, counterparty, dealer, date and other custom variables.
Multiple Collaborative Views
Other members of the trading desk, such as the chief dealer, can see all activity and status for all the institution’s traders.
Post-Trade Processing
One STP – Many Banks
A single STP connection allows all executed FX trades to flow to your bank’s back office regardless of the liquidity provider. Eliminates input errors and reduces operational and settlement risk.
When prime brokerage integration is required, FX Inside Professional can integrate seamlessly with your existing prime brokers.
API Trading
FX Inside Professional provides Java and C++ APIs, as well as FIX protocol support for integration with in-house automated trading systems.
FX Software-as-a-Service
FX Inside Professional is a managed service on Integral’s FX Grid, a global inter-institutional connectivity and trading network linking leading market making banks and global financial institutions.
Business Support Services
- 24-hour support; 24 x 6 tracking all open markets
- Staffed with FX-knowledgeable business specialists
- Training and implementation services
