E-trading is the trading of securities, currency and derivatives electronically. The present trading market is indicative of a tilt towards e-trading over the trading on floor. With e-trading the market has emerged on fast track with more efficiency and greater liquidity. It has increased market transparency with the price of securities spread around the world electronically. A trader can pursue his trade operations from anywhere in the world.
Kappsoft, with its software capabilities and experience of the financial market has been one of those few who have heralded in the era of E-trading. It has been evolving with the market ever since to provide the best software to enable its customers to receive data from varied exchanges and trade online.
The traders connect to the systems either directly using a GUI provided by the exchange or using a system developed in-house by the trading firm. The orders are placed in the trader workstations which are routed to the exchanges system. These orders are matched at the exchanges and are automatically routed for settlement processing in the back office.
A CFD is an agreement between two parties to exchange at the close of a contract, the difference between the opening price and the closing price of the underlying instrument.CFD trading is very similar to normal share dealing. You deal at the cash price of the share, and pay a commission which is calculated as a percentage of the value of the transaction.
No rights are acquired or obligations incurred relating to the underlying share. It is a single trading tool for both long and short strategies, a non-exchange traded product with shares as the underlying instrument. Unlike trade settlement for shares, each CFD contract has an expiry date of 30 calendar days although investors can close out anytime before that. CFD prices are highly correlated to the price movements of the ready market. Read more...
Kappsoft, with its wide spread network has access to varied exchanges of the world thereby benefiting its clients with information from varied exchanges like stock exchange, Commodity exchange, and foreign exchanges.
Exchange study thoroughly analyzes the different exchanges of the world. It is conducted according to the requirements of the clients. A depth analysis is conducted on the overview of the exchange and the kind of products they trade in. The eligibility criteria and the membership formalities are studied thoroughly for the convenience of our clients. Membership of the exchange is open for all clients and organizations aspiring to become trading members of the exchange, subject to their meeting certain requirements and criteria as laid down by the exchanges.
Simultaneously, when the client chooses to trade in an exchange, we provide a complete package of information like the broker's list, if that exchange has the facility of online trading and the kind of software broker's use in the particular exchange. Read more...
The back office of our company is a group of professionals who forms the support team for all the tasks pertaining to running the company. A back office system will keep a record of the company's sales and purchase transactions, and update the inventory as needed. We provide the back office support not only for online trading of stocks and other securities, but also in keeping records of trade confirmation, trade settlement, and regulatory compliance. It fulfills customers' orders and may usually perform the duties similar to a customer support call centers.
Customer Accounts are created as a result of Customer Application processing and it is stored in the company's database. Account management system will automatically know how to process each account as per their status.
Our account management system will help you to receive a summary of the financial account position and the operating conditions. As soon as a transaction is accepted, all the actual sales are transferred in the sales history. These reports can be viewed per year or per month, with the detail of each transaction: date, detail of the order, status of the order, etc. It enables you to maintain an organized database of all your clients. Read more...
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. Read more...