CFDs: The WebIRESS Plus Trading Platform
The webIRESS plus trading platform is the latest platform to be offered by Australian financial markets software giant, IRESS market technology. WebIRESS plus enables retail on-line traders the capability to take full benefit of the flexibility and speed offered by IOS plus from the comfort of their home or office.
Unlike the long-established IOS classic that powers conventional webIRESS, IOS plus offers end users with the capability to take advantage of sophisticated web services technology in their automatic trading strategies. webIRESS plus traders are now able to create trading algorithms without having to install and run the IRESS desktop application, saving a significant amount of time and money. Being server based the web services technology also offers major redundancy advantages.
IOS plus has significant speed advantages over its predecessor with order transmission speeds being enhanced by a whopping 150%, this means webIRESS plus users will be able to send orders to the market at speeds not previously available to retail customers in Australia. Faster execution translates into added trading opportunities.
webIRESS has also had a make-over with webIRESS plus using the lasted in Java technology giving the front end interface a smooth graphic look reminiscent of windows seven. Combined with an enhanced visual look webIRESS plus also offers users with advanced order variations including being able to make multi legged contingent orders.
Presently webIRESS plus is only being used for CFD trading, this is primarily due to low latency order transmission times demanded by CFD traders. It is anticipated that webIRESS will soon be adapted for on-line share and options trading also.
At present webIRESS plus is only being offered by CFD broker International Capital Markets (IC Markets), this is primarily because of customer interest in low latency CFD trading and the company’s drive to remain at the forefront of trading technology. It is anticipated that other CFD brokers presently offering webIRESS will quickly recognize the significant benefits of webIRESS plus and add this revolutionary trading platform to their arsenal.
When deciding on a CFD ^(http://www.icmarkets.com.au/) provider you should think about the platform being offered and determine whether it provides you with an edge in your trading. If you are a day trader or scalper you should consider webiress plus as it offers you a significant speed improvement over all other platforms available. It will allow you to take advantage of fast-paced markets and rapid match price changes in the opening and closing market phases.
IRESS has once again set a brand new standard for high speed low latency trading in Australia.
CFDs: The WebIRESS Plus Trading Platform By authors | August 31, 2010
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