Solution introduction

Steamline and automate real-time trade processing

NOVA Trade encompasses features related to the initiation and management of client and market transactions, utilising both manual input and automated procedures (subject to Stock Exchange regulations)

It offers capabilities such as automated computation of all market transactions based on stock exchange actions, comparison of executions against client trades/orders for consistency, customizable contract notes and trade confirmations, and additional functionalities.

Trading
supports both agency and principal NOVA Trade supports both Agency and Principal trading from the entry of agency and principal trade legs to the monitoring and revaluation of principal positions in the NOVA book module.

Auto-management of exceptions
User selected options are provided for the treatment of exceptions encountered through the entry of the party/account as part of the trade. such exceptions may include an abnormal status; the absence of completed agreements, account appearing on a blacklist, and more.

multi-market, multi-currency, multi-entity
From settlement date calculation rules of the region, setting market related processing rules, to option to settle in a different currencies; NOVA platform handles it all.

 

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