FEX Market Site
Mercari Direct System Features
Accreditation Services
Mercari as an integral part of its deployment process, ensures all participants are competent in using the features of the system for the area which they are to use. For dealers these sessions are generally conducted at the Mercari offices, in Sydney, using our virtual trading environment or via internet based instruction remotely. This allows use of basic order entry, management and trade features, where our trainers are able to simultaneously act as counterparties emulating everyday (or volatile!) trading environments.
All participants learn how to access:
| Audit Logs | Dealers: |
| Transaction histories | Entry |
| Conversation searches | Management |
| Request statistics | Trading |
| Trade Advice | New (special ) runs |
| Mercari support | Order Parking |
| Closing Rates | Initiate RFQ requests |
| Respond to RFQ requests | |
| Automatic order management systems | |
| Accreditation – Continuing Education |
After gaining course approval from their Compliance department’s, dealers have used further training sessions to expand their knowledge of Mercari Directs features and as training hours to meet their Continuing Education regulatory requirements. For dealers we use this time to examine Mercari Directs advanced trading features more closely, focusing on how these might be used to deliver a trading edge tailored to their situational needs.
Some examined during these courses are:
| Automatic features such as | Iceberg amounts |
| Auto trades | Cloaked or hidden prices |
| Auto countering | Shown prices |
| Auto order level management | Ask to improve |
| Auto cancel underlying market related | Curve management |
| Auto cancel time related | Notifier levels |
| Auto cancel trade related | Active notifiers |
| New Runs |
Client Login
Mercari Direct Trading
- Current OTC Markets
- Foreign Exchange
- Fwd FX
- Interest Rate Derivatives
- Interest Rate Swaps (IRS)
- Basis Swaps
- Shorts Swaps
- Overnight Index Swaps (OIS)
- Forward Rate Agreements (FRA)
- Physical
- Bank Accepted Bills