Payment Systems

We provide our Connect and Agent Payment Systems, that calculate fees in real-time, set up automatic payments, and track billing and payments.

 

1. Connect Payment Systems (CPS)

Connection refers to an order executed by a Clearing Firm and given to a different Clearing Firm for clearing and processing. The electronic system automatically transfers payment between firms.

– Real-time fee calculation

– Automatic payment processing

– Online viewing of transactions

 

Agent Payment Systems (APS)

The system preforms payments to service agents via automatic transfers. The system substitutes task of preparing and distributing monthly checks to agents and assures timely payments for services.

Upon completion of payment, the system generated a report detailing executed trades, volume, and rates applied to each trade. Banking reports are produced for agents. At the end of each month, preliminary reports show the trading activity for that month, and the amount of money that will be debited from the account and credited to the agent’s account.

Adjustments to trading activity might be necessary if a trade cleared with an incorrect symbol. Payment can be withhold for a month if major discrepancies