:: STP Trading

The real-time online system is designed so that clients are able to place online trading orders, watch the
stock market live, and view their portfolio. The clients have a greatly improved accessibility of the stock market and are able to draw maximum benefit from online trading by reducing their risk in a volatile market.
Zafar Securities is now offering full Internet trading facility through LSE gateway empowering the clients to execute end-to-end risk-free trading and experience truly live and interactive trading in a geographically independent and a secure environment; trading model previously seen in advanced markets only.
Client access is through a rich and secure Internet based terminal that provides real time graphs and market data views, order and portfolio management screens.

Application Modes
Application has three different modes for different type of users.
1. Subscriber
In subscriber mode only market data views and graphs are available. Users cannot place orders in this mode.
2. Client
Client Mode contains all the features of Subscriber mode and order and portfolio management system. Client can place his orders directly into the trading engine without any other human intervention. He can see his portfolio and unrealized gain/loss.
3. Trader
Trader mode contains all the features of Subscriber mode and order management system in which a trader can place orders on behalf of the house’s clients. This feature enables the brokerage house to save money they spent on purchasing more than one trading terminals.
Security
Pre-Order Margin checking
Whether a client or a trader places an order, it does not enter into the Trading System until it is cleared by the automatic margin control system. This pre-order margin validation reduces the broker’s and the client’s risk and keeps the client exposure within limits.
Encryption And Authentication
All the conversation between Trading Terminal and BackConnect Servers are authenticated and encrypted using the Standard SSL producers. The user information and orders cannot be hacked or viewed on internet.

Real Time Market view and Graphs
The application contains several types of market views and graphs, which are fully customizable and automatically populated by real time market data.
1. Board View (Summarized market view).
Provides summarized but comprehensive view of all the selected symbols in different markets.
2. Market Depth by Order
Shows the top ten queued orders for both buy and sell for a particular symbol.
3. Waterfall Ticker.
Displays every activity (in selected symbols) in waterfall style.
4. Time of Sale View (for a particular symbol).
Displays every trade in a particular symbol in waterfall style.
5. Exchange view.
Shows the index and exchange statistics.
6. Symbol’s price graph.
Draws the price graph of a particular symbol that is updated in real-time. The graph can be zoomed in or out for in-depth analysis.
7. Exchange’s index graph.
Draws the index graph of the stock exchange that is updated in real-time. The graph can be zoomed in or out for greater details.
8. Message Log.
It is an activity log that displays and logs all user activities and the messages received from the server and trading system.
Order Placement and Portfolio
Through order placement screens, traders and clients can place new orders, modify and cancel unexecuted orders, and view the list of trades and pending orders. All order types that are available in Karachi and Lahore stock exchanges are available in this trading terminal. List of the supported order types are
1. Normal order
2. Market order
3. Stop Loss order
4. Market If Touch order.
5. Hit / Take order.
6. Short sell order.
The clients can monitor their overall portfolio and their portfolio in current clearings. They can monitor their holding, average price and cost, current market value of their holdings and unrealized gain (or loss).
Price Alerts
The user can configure any number of price alerts to automatically generate a notification whenever the price of a symbol crosses the boundaries configured in that alert.
Symbol Listing
Complete symbol listing is available in the terminal. Users can get the latest quotes and circuit breaker limits of any symbol.

::Hardware & Software Requirements.