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Home > Services > Introducing Brokers > Direct Access Brokers |
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Direct Access Brokers
Tailor Made Software – Branded for You!
Take advantage of OEC Trader's White-Labeling (WL) flexibility. Our commitment to supporting your growth has resulted in a full suite of tools that offer value-added services to your customer, and reflect your unique brand.
- Use the OEC Trader technology, but display your brand and unique business signature.
- Customize your application or design your own GUI to provide access to the modules you think are most important.
- Create your customized version of the OEC Trader to set your brokerage apart.
- As an IB, you receive full software highlights, latest features and release notes for your website.
- Access to our video tutorials.
- Access to our API and 3rd Party software directly.
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Fast Account Setup
Our streamlined account setup process ensures your traders are setup quickly, and without all the hassles and headaches usually associated with opening an account. Online applications, electronic signatures, and online access to additional forms make it easy to do business and establish a strong relationship with your traders.
- You have full access to the New Account Process (NAP).
- See your prospect's real-time progress towards approval.
- All account forms are available online for easy access and download.
- Manage your commission rates through this application and our server will be automatically updated.
- An "easy to do business with" hassle-free automated process.
- Reduce your time spent on administrative tasks and spend more time doing what you do best, growing your business.
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Real Time Advanced Risk Monitoring
Open E Cry provides real time risk management at both the firm and account levels. Our proprietary Trade Desk Manager (TDM) application gives you control over the entire OEC Trader system, and allows the Trade Desk to see a "global" picture with complete details. TDM detects critical situations, and manages order flow with confidence.
TDM connects directly to the OEC server to receive real-time updates of all system processes and data. Controlled through user profiles, TDM displays information through a set of linked views, monitors the system for specific error conditions, and generates notifications using audio and visual alerts.
- Review customer orders electronically throughout the order process.
- Quickly review volatile markets for clients who may be at risk.
- Enable manual and/or automatic trading restrictions for under-funded accounts.
- Monitor and protect your firm by selecting pre margin checks on maximum quantities for orders, quantities and summation.
- Set alerts for post order checks based on daily loss limits.
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IB Portal
Through access to our IB portal, you will have instant visibility and access to:
- Daily payout detail.
- Manage all customer information.
- Update commissions.
- Manage Software subscriptions for your clients.
- Download software installs.
- Fully customize all content and links available for white-label.
- Online Equity Runs
- Open E Cry allows each IB or FIB online access to their customer's statements through our website.
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AutoX
OEC Trader has implemented an extension that provides the full-functionality
of the OEC Trader inside TradeStation. The extension has 457 functions that
reflect all objects, properties and methods of OEC Trader. The strategy can
take into account the user operations, real OEC Trader positions and prices.
The extension will also allow strategies to access the OEC Trader Average
Positions, Account Balances, and real orders. See all order manipulations
in real-time.
- Route trade signals from TradeStation through OEC Trader's fully integrated auto execution module.
- View and manage trades.
- Advanced order entry functions including allocation blocks.
- Access to the real-time OEC allocation blocks to leverage multiple account execution.
- Full email notification capabilities.
- 'Simple' and 'Extended' symbol mapping for ultimate flexibility.
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Block Allocation Accounts
OEC Trader offers full functionality and flexible
distributions in block allocation trading. Trade
managers can build their own block allocation
account with OEC Trader, and assign unique
trade quantities to each specific account. Trade
managers also have the ability to select from a list
of allocation methods to distribute prices in the
event of split fills.
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Video: |
Allocation Block Overview |
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Presentation: |
Allocation Block Overview |
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Lead Protection
Open E Cry checks all direct leads against your IB leads to ensure we do not directly compete with out IBs. Open E Cry does not advertise based on rate to ensure we are not competing with our IBs for potential customers.
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