|
Electronic Trading System
|
FMH has a complete state of the art automatic matching system to trade financial securities, such as stocks and bonds. Islamic Sukuk, options, mutual funds also can be traded as well. Different types of orders can be used such as limit orders, All or Non, Market orders, etc.
|
|
Central Registration and Depository
|
|
This system is responsible of saving the clients information, company information, clients portfolio, post trading operation. It also responsible of doing third market transfers which include Over the counter for closed companies transfers, transfers from father to son and vise versa.
|
|
Clearing & Settlement System
|
|
This system is responsible of doing actual transfers of securities to the buyers and to do clearing and cash settlement among clearing members, it keeps the Delivery Versus Payment DVP standard.
|
|
Market Control & Surveillance
|
|
This system is responsible of monitoring the trading by the market control personals, it can detect any market manipulation done by trading parties, it detects any un wanted trading patterns in order for the market control personals to do the needful action towards this.
|
|
Market Information Repository
|
|
This system is responsible of operating the information of trading like the users connected to the trading system, instrument symbols, brokers and other information.
|
|
Market Information Dissemination
|
|
This system is responsible of disseminating trading information to the people watching the trading in real time manner; it gives price streaming and news disseminating by the market control people.
|
|
FIX Interface for open connectivity
|
|
It is an open connectivity that is using the international standard connectivity protocol which is Financial Information Exchange (FIX).
|