The benefits of online trading systems include increased business, cost reduction differentiation through improved customer service, enhanced operations and improved competitiveness in the increasingly commoditised financial services marketplace. We estimate that PTX online trading system brings an 80% reduction in average trade negotiation time.

The key benefits of PTX over other systems are its superior functionality, ease of use and reduced cost. In particular PTX’s support of multiple asset classes makes it unique, allowing the financial institution to offer cross-product exotics and makes the online trading initiative cheaper and easier.

Benefit	Detail

Superior Functionality	Supports trading of all asset classes including cross-product exotics Enables online trading of instruments throughout the full lifecycle by supporting market formats for all levels of liquidity, supply and demand (e.g. RFQ, RFO, auction, continuous exchange) Supports one-to-many and many-to-many models for private or public exchange operation Supports indirect and distributor sales channels Interfaces to existing back-office and mid-office systems
Lower Cost of Ownership	Supports all asset classes on the same infrastructure Easy to maintain and modify through modular design and open standards-based code Published APIs Easy integration
Ease of Use	Operators can quickly create new markets for new instruments - no need for software modification Administrators can quickly add users, set permissions and approval processes, and track complex limits