API Console

Swagger | Microservice

Executive Summary

This service domain handles the procedure used by traders to obtain and selecting quotes from market makers

Examples of Use

A trader obtains quotes from multiple market makers prior to executing an agency trade for a corporate investor customer

Role Definition

Quote management handles the process by which a trader obtains quotes from multiple market makers in order to select the bank to execute a trade with. Recent trade prices reported to the exchange can be compared with trade activity for the different quoting banks in order to make the selection

Related Business Scenarios

Core Business Object

Key Features

  • Review recent market trade prices for the selected security
  • Obtain quotes from available market makers in the security
  • Review recent trade activity for the market makers as appropriate
  • Select preferred market bid offer quote