PowerBroker was originally developed to meet the localisation needs of Eastern European and Russian banks in relation to margin trading and order processing that was not possible to implement in far more expensive, mainstream treasury systems. However, sound platform design has allowed PowerBroker to evolve into a system that is capable of implementing far wider customised functionality at the request of our clients.

PowerBroker can be used as pure broker system (customer account management, either with or without leverage) or as an independent trading floor (own and customer-originated deals with counterparties) or as mix of these two.

Deal types supported

• Spot, forward, swap, REPO
• FX, stocks, bonds, options

Portfolio management

• separate spot and forward positions
• open position real-time P&L revaluation
• automatic margin call on reaching specified loss level
• different margin call levels for different losses
• automatic swapping of open spot positions at the end of day to fix P&L
• position simulation for any arbitrary rate level

Collaterals

• real-time collateral and accrued P&L revaluation
• support of monetary and non-monetary collaterals, e. g. securities
• automatic and manual exchange of accrued P&L
• manual or automatic (from banking system) collateral deposit and withdrawal

Orders

• simulation of order execution (what-if), taking into consideration strategies and other orders
• market, limit and stop orders, GTC, GTD and GT validity for limit and stop orders
• order grouping into strategies with flexible conditions for order execution
• real-time monitoring of limit and stop orders, automatic notification of order activation when execution criteria is met
• order routing and despatch to external trading networks

Interfaces

• interfaces to trading floors (FIX, SAXESS, IPLink protocols)
• interfaces to data feeds — Reuters, Bloomberg, MoneyLine, Telerate etc.
• integration with banking system for deal, P&L and collateral data exchange
• interfaces to treasury systems and risk management systems