Trading System for Currency Exchange

Few IT environments set so high demands on reliability, performance and system precision as a trading room at a business bank.

In the trading room trade occurs in all types of financial instruments: shares , warrants , options , convertibles , futures and bonds.

Edgecode has developed and implemented a Front Office system for currency exchange between banks. The system is used today by the business bank Nordea www.nordea.se and has been used for more than ten years by other Swedish banks as well as various foreign banks in both London and Luxembourg.

The system contains 14 different types of currency and interest rate instruments from simple Spot to Bonds, with the focus on real-time analysis of currency and interest rate risks on the traders positions. It also calculates the possible arbitrage deals between various currency positions.

Developed to cope with the extremely high demands as regards to reliability, usually 15 to 20 currency traders are connected simultaneously. The system interface for data capture has been developed over time. For example the system has been adapted to also carry out position analysis with data feed from the banks other trading systems.

Trading system for interest rate options and futures

On behalf of Nordea www.nordea.se Edgecode has developed a trading system for interest rate options
and interest rate futures

One of the main functionalities is to carry out risk analysis on actual and simulated positions of options and futures.

With support of the system traders can quickly access information of possible arbitrage trades. This puts high demands on precision in complex mathematical calculations and analyses, but also gives traders valuable information and the opportunity to make immediate decisions.

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