Online Trading Platforms — Futures
IBS supports "straight-through processing" for three premier Futures Platforms:
The Future's Desk™
The Futures Desk™ (a component of The Broker’s Desk System™) routes
a wide variety of Futures and Futures Options Orders Types (including Market
Orders, Limit Orders, Stop Orders, Stop Limit, Market on Close, etc) to Open
Out-Cry Trading Floors on seven US Futures Exchanges, including the Chicago
Board of Trade, the Chicago Mercantile Exchange (including the International
Monetary Market and the Index and Options Market), the New York Mercantile
Exchange (including the Commodity Exchange of New York Division), the New York
Board of Trade and others. As well as routing to a select group of
electronically matched contracts on GLOBEX™, eCBOT™ and
Access™*. The Futures Desk™ is made available free of charge for
all qualified IBS Futures customers.
In addition to the functionality contained in The Futures desk, IBS Futures
supports "straight-through" processing for:
J-Trader™
J-Trader™ from
PATSystems plc of London provides Professional Level
Access to several Fully-Electronic Contracts traded in the US and overseas. IBS
supports 3 distinct levels of functionality for PATS, including: market quote
and transaction screens, ticket trading, single and double click trading, P&L
position and margin tracking, audit history, working & filled order books, five
days rolling trade history, Reflector (Depth of Market screen), trading group
functionality, a Multi-Exchange-Legger and a Strategy Calculator, a Flex
Calculator Strategy Screen and a Market Monitoring Ticker to view and display
all trades on various exchanges. Access to J-Trader requires a Subscription
Agreement with PATSystems plc.
X-Trader™
X-Trader™ from
Trading Technologies International, Inc. of Chicago
provides Professional Level Access to several Fully-Electronic Contracts traded
in the US and overseas. IBS supports 2 levels of functionality for TT
(X-Trader™ and X-Trader Pro™). X-Trader™ allows the user to
simultaneously trade multiple product or markets from one fully-customizable
screen, provides single click execution and order cancellation, provides MD
Trader™ a vertical market depth display allows immediate reaction to
markets ebb and flow, Excel® Spreadsheet Links and much more. X-Trader
Pro™: Advanced Trading Strategy Support contain all of the functionality
of X-Trader as well as the Autospreader™ which provides sophisticated,
automatic "legging capabilities" across products or inter-exchange. Access to
X-Trader requires a Subscription Agreements with Trading Technologies
International, inc.