OpixTech, a major market maker and financial technology company, has announced that it has opened its premier market depth platform (OpixTrade) for use by institutional and professional traders.
OpixTrade is a trading platform with multi-market depth, optimized performance and improved trading. The platform not only provides basic market making operations, but also aims to open up the industry at an algorithmic and interface level, while keeping the software secure and improving usability.
OpixTrade Market Maker Trading Platform
The platform allows you to see the volume of each price module, assess the confrontation between buyers and sellers and also allows traders and investors to take further predictive action on future price levels. Three of the volumetric analysis tools in the system are:
- Footprint Chart -to shows the volume distribution of each element of the quote chart and thus the movement of the price module over a specific period of time
- Volume Profile Chart -to displays volume data as a horizontal chart
- Time Price Opportunity (TPO) Price Distribution Chart – This section is almost identical to, or has the same function as, the set of statistics for each element of the quote chart; the Price Distribution Chart displays the volume of each bar as a vertical histogram, however, unlike the statistics, it allows traders to visually analyse each bar not only by shading, but also by the shape of the chart of information.
In order to make OpixTrade more widely available to market participants, the company has partnered with partner liquidity providers to offer the solution. These liquidity providers will provide OpixTrade with the most realistic data available. OpixTrade is recognized as a must-have tool for professional traders, revolutionizing trading habits and providing traders with the most comprehensive range of features available.
