Securities

Bank

Fund

Insurance

Trust

xEQ - xQuant Sales and Trading System - Equity

Introduction

xEQ, the xQuant Sales and Trading System - Equity, provides comprehensive front-to-back trade processing capabilities for sales and trading operation in securities houses covering equity derivatives instruments, with particular focus on the China market. It has necessary application modules and interfaces for full integration with other middle and back office operations, upstream or downstream.  The system supports instruments like equity options, equity swaps, cash equities and futures. xEQ covers trade processing cycle end-to-end with maximal automation of seamless Straight Through Processing (“STP”), such as trade inception,  trade approval and hedging management in the front desk, and limit control, risk monitoring, settlement and clearing in the middle and back offices.

Applicable Companies And Departments

Broker

Derivatives business department

Financial innovation department

Securities investment department, etc.


Futures

Futures

Risk control subsidiary

Risk control subsidiary

System Features

Straight-through business process

The system covers a whole set of business processes from transaction initiation of front-office business to transaction execution and transaction confirmation, and then back-office bookkeeping. Particularly, it covers bidding, transaction, risk control, approval, execution, settlement and accounting, thus providing a cross-departmental transaction management platform for the whole process.


Professional and open pricing analysis engine

For the pricing of equity derivatives, the system supports an open external pricing interface, which can be integrated into the system with an external pricing module. Additionally, xQuant has a senior, professional and independent financial quantitative research team and development team to continuously provide advanced, accurate and mature algorithm models for the system.


Powerful approval and risk control

It can provide flexible calculation of risk limit expression, realize real-time risk control before and after the event, and support level-by-level approval mechanism, which can effectively avoid operational risks and greatly reduce market risks.


Flexible statement design and contract management

It supports all customers to customize statement design according to their needs, which provides convenience for report query. Besides, the addition of automatic document generation function allows custom design of contract printing template in the format of Word, reduces repetitive work and improves content quality.