FEX - The Financial and Energy Exchange Group

All versions of Mercari Direct markets are convened by central market administrators. It is the responsibility of the designated administrator to oversee the smooth running of any marketplace acting as a central, neutral support for all participating dealers and their brokers.

Mercari Direct has many automated and manual features ensuring all participants receive the consistent and professional OTC trading experience they should expect of such a service.

Market setup
• Configuring the market view, displays and functionality for the specific needs of each individual market. These include curve order management features, cloaked features and sonics

General Market Operations
• Supervise marketplace operations
• Have access and manage all information relevant to the market over which they have authority
• Responsible for opening and closing markets with the added ability to lock or clear markets both individually or in entirety on the fly if they deem necessary
• News and information, displays and notifiers

Market Access
• Authorisation approvals
• Access level management. Dealer, manager, middle office, back office or view only
• Create new companies and users
• Manage a broad range of company and user defaults for trade advise, market movement notifications and correspondence

Product Default management
• Price wizard starters
• Indicative levels
• Out of market price boundaries
• Order increments
• Counter starter levels
• Minimum and Maximum amounts
• Large amount warning level protection
• Firm timers
• Bump timers
• Order queue management setups
• Curve trigger warnings
• User notifier setting
• Menu timers

Trade Support
• Initiating direct contact should a ticket or active notifier not be acknowledged
• Modifying trade ticket fields when requested such as increasing amounts or any other agreed structural changes
• Dealer emulation when required to assist either broker or dealer

Client Login