Xele-Trade Futures Counter(4th Gen) Vers.’Release-004’ (referred to as ‘XTF R004’)has supported comprehensive business coverage for Zhengzhou Commodity Exchange and achieved 2.3us penetration. Besides, XTF R004 released SPBM margin model, which really stood out among the Accelecom product family !
01 Full Business Coverage , All Futures Exchanges
XTF R004 supports trading all products of the Zhengzhou Commodity Exchange and market maker trading. It contains essential functions for futures and options contracts, such as ordering, quoting, option executing, hedging and so on.
The Xele-Trade Futures Counter(4th Gen) has fully covered all domestic futures exchanges so far, achieving the integration of counter versions across six exchanges!
02 New Portfolio Margin Model – SPBM
In response to market demands, Accelecom proactively researched new portfolio margin model algorithm across various exchanges. The risk management module has been transformed to preliminarily support SPBM（Simplified Portfolio Based Margin）operations. This maximizes the utilization of investors’ capital under the premise of risk coverage, expected to help stimulate the futures market.
03 Commission Rate Setting Allows Import Mode
XTF R004 allows two different methods to set commission rate: commission rate configuration and importing mainstream data files. To access these setting modes, users can navigate counter configuration page within the monitor operations configuration.
The commission rate configuration page supports both order-to-trade ratio (OTR) and message count dimensions, where you can find from the Monitor Investor Trading management module.
Importing mainstream data files mode directly synchronizes commission rate data. This mode only allows commission collection based on different levels of message count. Users can search the commission rate in the Commission Inquiry page of Monitor Investor Trading Management module.
04 OrderLocalNo Numbers Increase In OrderGroup
In previous versions, when investors canceling orders by OrderLocalNo, the system would check whether OrderLocalNo is increasing within the scope of a single investor.
To meet the diverse demands of the market, XTF R004 has optimized this feature by introducing the concept of “OrderGroup”. The scope of monotonic increase check for OrderLocalNo is limited to OrderGroups. While the same investor starts several API instances, he only needs to set different OrderGroup number for each instance.
On the premise of breakthroughs in performance and functionality, Accelecom will continue to innovate more products and keep enhancing the investors trading experience.