RANorder is a fully automated order entry and management system specifically designed to handle an FCM`s functional requirements for remote client trade entry, pre-trade order risk control, and order management and transaction routing. RANorder utilizes HTML and Windows front-end interfaces for order entry and account access over the Internet, making client order entry and data delivery easy and cost effective.
Features
- Captures transactions via easy-to-use browser or Windows-based front ends
- Performs extensive pre-trade credit control prior to order transmission and execution
- Electronically routes customer orders to the appropriate exchange or to any order desk
- Maintains and displays intra-day data on customer accounts: open working orders, fills, positions, etc
- Performs interactive queries to identify accounts, positions and risk exposure in any user-selected market
- Automatically downloads start-of-day account, position and equity information from any back office system and uploads intra-day transactions to the back office
- Delivers real time quotes, system and account-specific messages
- Allows customers to "park" the orders they typically place. These orders can be selected to quickly place an order in a moving market
- Provides the client with access to the prior day back office statement
- Handles global futures products and equity options
- Includes Introducing Broker or Branch Office access to multiple accounts
- Incorporates Managed Account and Give-up capability
