InfoWARE implements new NSE FIX Trading capabilities
This is to inform you that as from Monday 23, Feb 2015 NSE would be upgrading the X-GEN Trading Platform. The upgrades include additional features and functionalities. Some of the new features include;
- Availability of Hidden/Iceberg Order Type: This is a type of order placed on NSE where by the total amount of the order is divided into visible portion, which is reported to other market participants and a hidden portion which is not. When the visible part of the Order is fully filled, a new part of the hidden portion of the same size becomes visible.
- Availability of WHOLE or NONE (WON) Order Type: This is a type of order placed on the NSE where the condition used on the Buy or Sell Order is to fill the Order completely by a Single Counterparty or not at all. And if there is an insufficient supply to meet the quantity requested by the Order then it is cancelled at the close of the market.
In line with this development, InfoWARE has proactively updated its InfoWARE FIXNET Trader with these new functionalities to ensure that you are constantly at par with the NSE trading platform. Once the NSE upgrade activities are completed, InfoWARE will be making available its updated version of the FIXNET Trader to all our FIXNET subscribers.
Our proactivity on developments such as this NSE Upgrade is again confirming our commitment to unparalleled quality customer service, responsiveness to the dynamism in the market as well as the guaranteed return on investment when you are on the InfoWARE platform.
On behalf of the Management of InfoWARE Limited, we thank you for being a part of our service. Please feel free to contact us if you have any question or concern