UniTrader
Risk Management Console (RMC) And Dealer's Blotter (DB)

RMC

UT was designed to give maximum level of control and comfort to the Market Makers when approving customers’ orders and managing risk and customers’ positions.

UT’s development team worked closely with the leading Market Makers to understand concerns of risk management while making markets in Forex and CFDs.

With the thousands of orders coming in during crucial market data release, the Dealers fully rely on UTs RMC to manage all market and conditional orders and deal with the off market prices trades.

UT’s RMC is designed to be the best defense mechanism during volatile market conditions, protecting company’s bottom line.

RMC and its features

• It shows all tradable instruments, and current feed prices.
• It shows all incoming orders and proximity of conditional orders to the market.
• It shows all open and closed trades.
• It shows an overall position of a company from a company point of view, Company’s Longs and Shorts per product.
• It enables a Dealer to either approve or reject all trades, selective trades or reprice incoming trades in case price moved or changed.
• It enables a Dealer to define which instruments or customers to have in Manual or Fully Automatic execution or set execution levels.
• It gives a Dealer a chance to call any account and place trades or search history.
• It enables a Dealer to offset its risk with a Clearing Counterparty such as a Bank or another Broker and see current Profit or Loss in Real Time.

DB

While RMC is the front end of the Dealing Desk to manage incoming trades and risk, Dealer’s Blotter is designed to give a full picture of company’s profit and loss per trading period per day or shift.

Enabling positions to be rolled over to the next day, UT performs Marked to Market functions and rolls positions forward giving a comprehensive and accurate picture of Company’s trading position and profit and loss.

DB and its features

• Performs Marked to Market function accurately reflecting current day P&L or if rolled from a previous trading day before.
• Enables Back Office and Dealers to see what positions produce what P&L adjusted for commissions and transaction fees.
• Let the Back Office and Dealers see each separate trade as it comes, whether it is a market buy or market sell or conditional orders and at what price and time it is executed.
• It shows current day P&L and compares it to the DRC.

The RMC in combination with DB allow the Dealing Desk who makes markets in Forex and CFD to have full control over its most important task that is to manage risk and avoid being picked off by customers who prey on price inconsistencies or feed delays. Additionally, UT enables the upper management of the firm to have an easy access to the daily P&L and see the whole picture on one screen.