DMA Ticketing

PositionWatch has built in special automated ticketing for DMA clients. A variable rate commission schedule can be setup (i.e., stocks $0-to-$5.00/share charge $.0025, $5.00-to-$10.00/share charge $.003, $10.00+/share charge $.0035) and assigned to a DMA trader. Other charges such as a minimum and maximum trade charge can also be assigned. PositionWatch will automatically ticket straight to the clients backoffice account or CDS account depending upon their needs. This process can avoid having to ticket to the average price inventory and then to the client/cds account which saves 50% of the ticket costs. If PositionWatch has enabled single market compression then the ticket saving can be increased to the 50-80% level. When the trades are booked to the client/cds account the commission is automatically booked into the client side of the backoffice ticket avoiding manual ticketing.

PositionWatch can also email a trading report to the DMA client with a summary of all the trades at a compressed level and the commission fees.

Contact Information

Position-Watch.com           

Telephone: (416)642-9043

Email: info@positionwatch.com

About Us

PositionWatch is complete middle office solution providing firms with Position Management,Ticketing,Risk Management ,Compliance and Management Reporting.PositionWatch reduces the ticketing costs and increases the resource efficiencies with seamless integration to all of the backoffices

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