An order is a record of a request for goods or services from a customer. An order may encompass one or more transactions. Each transaction is a record of an action that is taken on an order.

With our software applications we help in maintaining a record of an order made by a client through phone, fax, or in person. To place an order with a brokerage firm, you have to specify the details in an order entry form like account number, account type, whether it is a buy or sell action, quantity of stocks to be traded, price of the stock, the symbol, whether it is a good through date order, the commission value and so on.

The order again, can be a Limit Order or a Market Order. The Order Management tool allows displaying all orders that were successfully entered and process any transactions like voids, credits and fulfillments. Further it sends a confirmation or Receipt of the order back to the trader detailing the date, price, fees and terms of transaction.

This order is then routed to an ECN, where the buy and sell orders are matched. Once the order is executed it is passed for settlement processing.

The order management tool comes with the following features:

Search: Search for orders by various criteria such as: order number, customer number, customer email, etc. Options include displaying a single order number or a list of orders for a particular day or time span.

Unfulfilled Orders: View a detailed list of all orders that have not yet been processed.

Fulfilled Orders: View the list of all orders that have been matched.

Order Details: View all details of any existing order.

Shipment Management: Create and manage shipments.

Return Management: Create and manage returns.

Update Order: Update the existing order information such as addresses.

Delete Order: Delete an order.

Export to XML: Order data can be exported in XML format.

With our software you can handle and maintain an online record of your clients' orders and execute them without any discrepancy in your recorded information of the client - just with the click of a mouse.