FX Bridge upgrades ProTrader Plus

Source: FX Bridge Technologies

FX Bridge Technologies announces a new dedicated interface for Managed Account Trading with the new release of their ProTrader Plus dealing platform.

The new group trading feature allows managed accounts to be traded in a single transaction, with consistent fill values and pre-defined allocations. Each member of a group is assigned a multiplier to determine their default lot size for an order. The multiplier is edited as required prior to the order submission. Once prepared for execution, the group trader places one transaction request for the entire amount. Individual account holders automatically see the impact on their portfolio. Group transactions can be offset in whole or in any portion the whole. Group transactions may be opened or closed manually or through stop loss or limit orders or one-cancels-other (OCO). The entire process empowers a managed account with one or more group traders to view real-time status and past-performance results.

Additional features include dealer summary screens for customer margin management and instant cut-loss, updated customer summary and detail reports, and a currency specific Value-at-Risk report. The Value-at-Risk report uses FX Bridge's patent pending Volatility-Based-Margining formulae to move overnight volatility parameters and view at-risk values independent of existing margin management.

According to James Friedman, Marketing Director with FX Bridge, "We knew that managed accounts would provide tremendous deal-flow to our dealing clients. We simply had to create it by our standards for Total Position Awareness."

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