The «basket trading» functionality represents a handy tool for traders who need to react quickly to market changes for a large number of dynamic securities, as is the case with the SMI or DAX components. Specific baskets may be built freely by users who deal with different sets of tickers.

After having fixed his goal, i.e.: type of positions to be taken (buy or sell), the desired price and size for each component, the basket trader has to watch for the general indicator governing his basket, the SMI in our example. He may quickly change the prices in accordance with market development with the same price step amount for the whole group with just a few mouse clicks for the orders still pending on the market.

MARKET MAKING

The «quote» or «market making» functionality represents an extension of the «basket trading» providing easy to use mechanisms for both sides of the «wall street» : the bullish and the bearish ones.

As in «basket trading» the trader has to fix the goal, i.e.: the desired price and size for each component. He may choose and modify the price in terms of price steps or percentage ; depending on the type of instruments his working with, the right type of documents are available.

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