ICF Order Management System
ICF BANK AG offers ICFOMS , a fully automated order routing and management system with direct access to German trading floors, XETRA® and every relevant international trading venue.
ICFOMS's straight through processing (STP) technology ensures highly efficient processes, significantly reduced error rates and maximum user-friendliness for retail and institutional orders (discretionary transactions). All retail and institutional orders are settled electronically immediately upon execution.
The following information is available to clients in real-time:
- Order entry / order import
- Pre-Trade-Check
- Current status (= average price and number of units)
- Smart Routing / Best-Execution
- static execution of the rules on the basis of the previously established qualtiy of execution at trading venues
- dynamix executioin of the rules unser consideration of current market situations
- Current status (= average price and number of units)
- The ICF broker processing the transaction
- Net prices
- Display of the individual transactions and their respective:
- trading venues
- trading hours
- trading prices
Execution on a stock exchange must comply with the rules and regulations available on the homepage of the respective stock exchange als well as the other stock exchange regulations.