Click to Trade
Creditex’s Click to Trade allows price takers to view and respond to aggregated attributed pricing
provided by market makers.
Market makers have last look – they may confirm their price is firm or provide a new level. The screen is coded to indicate to price
takers those market makers who stand up to their pricing at least 90% of the time in the last 30 calendar days. Click to Trade is
integrated into Creditex’s RFQ Manager screen for easy control of multiple simultaneous price inquiries across the two execution
methodologies.
Creditex RealTime Screen
Aggregated attributed
pricing. Italicized prices
indicate market makers
who have not provided
firm pricing 90% of
the time in the last 30
calendar days.
Click the check mark
next to a price to launch
Click to Trade. Execute
in any amount up to the
size quoted.
The market maker sees an incoming price request via the RFQ Manager window or via their API connection. The market maker may
confirm their screen price or enter a new level.
RFQ Manager Window
Market maker
clicks SEND to
convey their
repeated or
updated price
when they are
ready.
Click to trade
initiator and
respondent
are displayed.
View additional details associated
with the Click to Trade inquiry.
Market maker
may change
price if desired
If the market maker confirms their screen price, the trade is automatically executed. Otherwise, the price taker views the updated
Click to Trade response in their aggregated inquiry window and, if desired, may execute by clicking the green check next to the
price.
View trade details and STP Status immediately in the Trade Blotter:
Trade Tickets are available for each trade, and display additional details such as upfront fees.
Upfront fees are calculated
automatically, and all inputs are easily viewable on the Upfront Fee Calculator window.
For more information or feedback, please email [email protected] or call:
Chris Crowley at +1 212 323 8531 or Jean Gross at +1 212 323 8547
© 2012. All Rights Reserved. Patents Pending. Registration No. 441360. Authorised and regulated in the United Kingdom by the FSA.
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