Banks

EDGE – Your Online Marketplace

EDGE Marketplace offers you an online sales channel to make your sales force more efficient, enabling clients to trade in your own online marketplace. EDGE provides you with a branded competitive advantage to differentiate you from the competition and embrace electronic trading.

Familiar, but Better

Your sales staff and their clients will start using EDGE quickly because it builds on their existing, voice-based, ways of doing business. For example, prices can be sent to best clients, one client or all clients. Migration to electronic trading using EDGE is smooth and successful.

Stronger Relationships

Benefits to clients lead to improved relationships and more business, and include:

Real-time trading: Rapid distribution of prices to clients enabling faster trading.

Deeper Liquidity Pools: Capturing internal and external orders and accelerated price-making means deeper liquidity for your clients.

Automatic crossing or clearing: EDGE allows your clients to block-trade on-exchange or to clear through a clearing house such as CME Clearport, OM Secur or LCH.Clearnet.

STP: Automatically send confirms and integrate with your clients’ back-office system. This saves time, reduces queries and back office costs.

Front Office integration: Price and trade information flows directly into your clients’ pricing models, risk management systems and credit management software. He will have up-to-the-minute risk positions.

Media Feeding: For a client not yet connected to your marketplace, EDGE can send prices in whatever format he likes; e.g. XML, email, IM, Bloomberg pages etc.

Filtering: The client can concentrate on only the prices he is interested in.

Auto quoting: Client can connect his algorithmic trading software to EDGE, trading with you quickly and automatically.

Higher Revenues, Lower Costs

More sales: You and your sales people can distribute prices more quickly to more clients using EDGE. They can focus their telephone and face-to-face sales time on their most valuable relationships.

More Internal Matching: Capture all internal orders from different desks and offices in your enterprise.

Credit Management: The EDGE Credit Manager keeps constant watch on your credit exposure to each client, telling you who you can trade with.

Fewer errors, more efficient: With EDGE driving your and your clients’ front office systems there will be fewer costly errors and front and back office processes will be more efficient.

Management Information: EDGE can capture all price and trade information. You can monitor clients’ trading patterns and learn how to give them a better service.

Case Studies

For more information about how EDGE can help banks see Bank Sell-Side and Multi Bank Sell-Side.

To read about other EDGE products for Brokers see Edge Products.

 

EDGE Benefits >