FEX GROUP OF COMPANIES: FEX GROUP  |  SIM  |  FEX MERCARI

FEX - The Financial and Energy Exchange Group

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