Online Futures Trading Firm - Mini Futures - Online Commodities Broker - Mini Commodities

PATS J-Trader online platform delivers split-second execution, real-time streaming quotes and depth of market execution for electronically-traded products. This platform is optional and is geared toward the active trader who demands high speed, dependable order execution.

About JTrader

J-Trader is a feature-rich front-end application that can meet the needs of all types of trader. It is a highly flexible product that allows you to choose the level of functionality to suit your requirements.

It can be deployed over any TCP/IP network such as the Internet, LANs and WANs.

J-Trader combines direct access to global futures, options and equities exchanges with real-time price distribution and advanced pre-trade risk controls. The key advantages include:

Fast connections to global exchanges through Internet Explorer
Full pre-trade risk management, including hierarchical account structures
Ability to distribute a re-branded trading application through your web site
Easy management of software releases

A basic trading application for direct access to the leading global futures, options and equities exchanges. J-Trader has the following features:

Ticket - a simple ticket-trading screen for order submission
Status - an order book to display working and filled orders
Hot quotes - an order entry screen and price discovery screen for trading multiple exchanges and contracts. Depth of market screens allow the user to display any contract's full order book in real time.
DOME screen - a fast order-submission screen with multiple trading features, designed for entering and canceling orders at speed.
Stocks - an order entry and discovery screen for multiple stock markets, providing 'level one' and 'level two' information to the trader.
Matrix - an order entry screen and a discovery screen for calendar-spread traders
Position - a trader's open positions and profit and loss
Reports - a rolling five-day historical report of the trader's positions
Accounts - a list of available trader accounts from which the trader can execute orders
Settings - configuration tool for traders to customize their display
An automatic and manual 'Market Making' system using a 'Price Injection Gun' (PIG)
Financial option pricing and transacting tools
A market-monitoring ticker to view and display all the trades on any number of exchanges, with advanced filtering systems.
A specific options trading screen that lists multiple contracts and expiries with any number of options strikes
An exchange strategy and pricing creation tool enabling you to create any exchange-recognized options strategy

DOME screen
This provides users with fast single-click trading and cancel. Market depth, status, hot quote and position screens are combined into a single screen that can be used to trade any number of contracts. DOME also provides a graphical and numerical audit trail of the last traded prices.

Matrix screen
For spread trading, J-Trader provides a user-friendly matrix screen that enables you to trade outright and calendar spread markets using a single or double click. Implied prices can be switched on or off, as required. Full depth-of-market is available on all calendar spreads, and the history for the last 20 trades is easily accessible.

Status
The status window displays all working and filled orders. Buys and sells are colour-coded for ease of use. Allocation can be carried out pre- and post-trade. Trades can be found easily using the sophisticated order filter and sort system. Other functions include 'Amend', 'Pull', 'Query', 'Print', single-click order canceling and the ability to share orders across multiple users, to achieve a global order book.

MEL (Multi-Exchange Legger)
MEL allows you to create, price and trade any user-defined strategy across exchanges and products. Once the strategy has been created, the application will display real-time synthetic prices and volumes. Traders can place orders where each component is automatically executed within ratio and weighting requirements.

Greater connectivity and risk management
As part of J-Trader, Patsystems provides enhanced exchange connectivity and pre-trade risk management through a sophisticated options trading system. The system can meet the most demanding trading requirements. Key features include:

Creating and executing non-exchange-recognized options strategies
Automatic and manual market-making
Distribution of multi-exchange, real-time trading access to your customers anywhere in the world via Internet, LAN, WAN, etc.
Re-brandable trading applications with your company logo
Full pre-trade cash and position risk management including hierarchical account structures
Advanced monitoring tools to view multiple exchanges, contracts and expiries
User-definable arrangement of windows, colours, fonts and settings
Advanced pricing tools to calculate option values for a variety of different products.

System Requirements (for optimal performance):

Internet Explorer 5.5 (or above)
Microsoft Java Virtual Machine build 3802 (or latest version)
Windows NT 4.0, Windows XP, or Windows 2000 with Service Pack 2
600 x 800 screen resolution
800 Mhz Pentium III PC or equivalent
50 MB Free HDD Space
256 MB Memory