Bucharest Stock Exchange (BVB) will launch on April 30, 2015 its web-based version of the Arena-XT trading platform. This is one of BVB’s solutions to keep up the retail investors connected with changes in BVB infrastructure, by using BVB’s Direct Market Access and online trading platform.
The web-based platform Arena-XT is the most portable, friendly and flexible version of the existing Arena-XT Trading Desktops. Arena-XT Web will be available for brokers and their clients, and at zero integration effort for the brokerage firms that already use Arena-XT framework.
Investors using Arena-XT Web will have access to features like real time market data (market watch, indices, and tickers), order management (own orders can be modified directly from the market depth view), various reports (trades, portfolio, and activity), web-based charts (HTML5).
10 reasons for using Arena-XT Web
Accessibility The system is accessed via internet, using a computer equipped with a modern browser and any operating system. This new trading application works in all major browsers and operating systems, thus investors will be able to access it on Internet Explorer 10, Safari, Chrome, Firefox, Opera, from PCs, tablets and smartphones. The client connects to the intermediary's Arena-XT system based on the access data supplied by the broker.
Self-explained
Investors don't need a user-manual to use this software. The application has its own tutorial about how to use the functions of the platform.
Real-time operations
All operations are performed in real-time. Confirmations and messages from the exchange are also received in real-time, without the need to request for new information.
Order Types
All order types implemented by the Bucharest Stock Exchange at the level of the trading engine are available on the web trading platform for the end-client. Thus, investors can place Limit orders, Market orders, Unpriced orders, or Hidden orders, Good till Date, FOK, FaK, Good till Canceled, contingent orders (Stop, If Touched, TAL), as well as Valid for Opening,Auction, Trading-at-last or Closing orders.
Portfolio view
The Portfolio function offers a consolidated display over the cash and instrument positions for each type of account managed by the current user. The portfolio is real time evaluated by the market price and the profit or the loss realized or to be realized are highlighted.
Real time market data
Trading information (Market Data) is displayed in real-time in panels like Indices, Ticker and Market Watch.
Activity monitoring
The client has the possibility to monitor all the instructions executed on his account, through detailed reports of orders, trades and management operations on account level.
Performance
The execution speed for instructions and orders is ensured by implementing Arena-Automated Exchange Platform technology in the online trading platform.
Charts
The charting module gives users the possibility to design investment strategies based on the trading information and on specific indicators for this type of instrument.
Safety
The safety of the platform and the communication between the terminal and Arena-XT platform, in terms of authentication, authorization, and access monitoring and traffic encryption is enforced through industry-standard mechanisms.
“We have created one of the most innovative and intelligent tools in the world of the stock exchanges, for the benefit of the current and future investors, as well as for quality intermediaries in the market. It is also very simple to use. Now more people will have the chance to become satisfied investors”, stated Ludwik Sobolewski, BVB CEO.
More information about Arena-XT Web Version is available on www.arena-xt.ro.
Bucharest Stock Exchange, together with the market participants, Central Depository and other stakeholders of the Romanian capital market, successfully implemented during 2014 and 2015 ytd a series of market infrastructure updates. These changes have brought, among others, a radical upgrade of the post-trading area, by the implementation of the T+2 settlement cycle and the separation of the trading and post-trading systems, which ensured a real participation of the Central Depository in the European T2S project, as well as by the removal of any limitations as to the size of orders (removal of odd-lot segment), the introduction of new types of orders and of two settlement cycles, instead of one only.
