Order types include Stop Loss, Take Profit, One Cancels the Other, One Starts the Other and bespoke order types which can be developed to match specific requirements.
The Siena e-Trading Solution enables order capture through three interfaces. Orders can be captured by sales desk traders in Siena Front Office, via Eurobaseâs web execution platform Siena eTrader or proprietary systems connected via Siena Gatewayâs FIX API.
Acceptance and execution criteria are defined through a user-friendly interface and pre-order acceptance limit checking can be performed in the real time Siena Front Office limit module or via an interface to external systems.
David Mallinder, Business Development Director for Eurobase Banking Solutions comments, âBy enhancing the robust FX Order Processing capability that already existed in the Siena e-Trading Solution, we have strengthened our offering and reaffirmed our commitment to providing âbest of breedâ e-trading solutions.â
The Siena e-Trading Solution consists of three products. Siena Rate Manager automates consolidation of multiple price feeds, sanity checking against market tolerance and volatility and price manipulation through blending, spreading and skewing. Siena Gateway is a strategic tool for streaming of prices to various channels, e-FX multi-bank platforms and proprietary platforms with near-zero latency. Siena eTrader is a highly intuitive and easily configured web execution platform that operates in real-time.