The agreement covers the use of Phoenix Pro, an advanced trading platform that provides market information, executions, account management, charting and technical analysis. It has advanced functions for conditional orders, program trading, basket trading, portfolio management and statistical trade analysis for stocks, options and futures.
As part of the agreement, the broker/dealer will supply iFinix with information about the operation of Phoenix Pro under real-time conditions.
In addition to Phoenix Pro, the Phoenix trading platform includes: Phoenix Market Scanner: An advanced stock screener that filters stocks using iFinix’ proprietary algorithms as well as user configurable real time stock filters. More than 130 parameters can be configured in any combination, enabling the user to search and identify trading opportunities.