Currenex offers Staged

First Published: e-Forex Magazine 23 / News / April, 2006

Order ManagementCurrenex is now offering a new risk control feature, Staged Order Management, which is in direct response to customer demand for a large block trading tool. Staged Order Management, Currenex’s block trading tool, is an order management system for clients who require advanced controls to enhance operational risk management. Order staging creates separate and independent roles whereby a Submitter has the ability to upload Staged Orders to the Currenex platform for execution by a Trader who can work and execute a trading order in a controlled manner.All activity on Currenex platforms is controlled through strict authentication and authorization procedures. Currenex provides several levels of permissions to achieve separation and ensure strong, auditable Straight through Processing (STP) from front office to back office reporting and confirmation. Staged Order Management is an optional feature that further strengthens a client’s security when staging block trades....continued

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