Delta Community releases Auto Dealing product for faster trade execution
14 May 2007 | 2062 views | 0
Source: Delta Community
Delta Community SA, providers of the Delta Dealing System to the financial trading markets, announces it now offers "Auto Dealing" to enable the rapid execution of trades between the central treasury and their chosen counterparties.
Counterparties who will benefit from the "Auto Dealing" functionality include branch networks, internal sales desks and corporate customers. The new functionality allows trade margins to be applied to individuals or specific groups of counterparties and, where there is a requirement to exchange information or negotiate and challenge thresholds, the enhancement is supported by Delta Dealing System's fully functional conversational dealing.
"Auto Dealing has been designed for the rapid execution of trades while being intuitive and easy to use by counterparties who may be less experienced in the trading process. We believe this enhancement will enable institutions to reduce their operating costs while improving their service" commented Shaun Mattingley, Director of Delta Community SA.