Home | Finance

Trading CFDs on the webIRESS trading software

By: Ic Markets

Read More About Finance

webIRESS is a financial information and trading system that provides end users with dynamic, real-time market data and trading functionality for CFDs, forex and equities. webIRESS combines the advanced features of its big brother the IRESS information solution with the added benefit of trading, advanced order types and multi product portfolio management.

Who uses webIRESS?
webIRESS is particularly widespread among professional traders and investors and small broking companies who:
• desire a reliable low maintenance software platform
• want accurate and timely market data and news
• want real time high speed execution
• want sophisticated charting and order varieties

What functionality does webIRESS offer?
webIRESS is based around the same technological backbone as the IRESS platform the only difference being that other than being a downloadable application webIRESS is java based and can be accessed using an Internet browser. webIRESS can be accessed by a login portal on your brokers web page. Most brokers also offer a webIRESS demo for potential customers to use the platform and trial it’s performance.

The primary features of the webIRESS platform are:
• Browser based CFD and share information
• Direct market access (DMA) and order management functionality
• Advanced order types including stop loss and trailing stop orders
• Comprehensive news and market data, including detailed stock information
• Sophisticated market monitoring tools including a market map
• Comprehensive market analysis and charting
• News and trade sensitive alerts
• Excel plug-in for data extraction

The quote and watchlist functionality within webIRESS displays real-time dynamic quotes for CFDs, shares and indices. Users can produce and maintain their very own custom watchlists or use existing watchlists built into the webIRESS CFDs platform. Real time market prices can be monitored using the quote ticker, which displays live trade prices for shares inside of a watchlist or for every one of the securities on an exchange.

What exchanges can I trade Direct Market Access (DMA) CFDs on?
webIRESS enables you to trade Direct Market Access (DMA) CFDs on 17 different equity exchanges. You'll be able to trade on real time data using the sophisticated order types available in webIRESS in combination with the orders supported by the 17 exchanges on which direct market access (DMA) CFDs are offered.

The exchanges on which you'll be able to trade Direct Market Access (DMA) CFDs are:
• ASX: Australian Stock Exchange
• NZSX: New Zealand Stock Exchange
• LSE: London Stock Exchange
• SES: Singapore Stock Exchange
• KLSE: Malaysian Stock Exchange
• TSE: Tokyo Stock Exchange
• HKSE: Hong Kong Stock Exchange
• TWSE: Taiwan Stock Exchange
• KSE: Korean Stock Exchange
• OSE: Osaka Stock Exchange
• OJ: Osaka Hercules
• NYSE: New York Stock Exchange
• NASDAQ: Nasdaq
• DAX: Deutshe Borse
• SIX: Swiss Exchange
• Borsa Italiana
• Euronext Paris

webIRESS gives you you with market depth, a list of all current bids and offers and the last 20 trades for the current day for all of the exchanges listed above. Course of sales data is available for the last 60 days and the current day.

What market news is obtainable on the webIRESS dealing platform?
Information is offered from a variety of news vendors who supply thorough company information in combination with worldwide market wraps and economic announcements.

Information from these vendors are available to users inside the webIRESS software platform:
• ASX Signal G Company News: company announcements made to the ASX transcribed into text format
• Reuters News
• AAP News: domestic financial, economic and other news
• Dow Jones Australia/New Zealand news
• Dow Jones International news
• Ralph Wragg

What Share and Market Information can webIRESS provide?
Security information including company financial data, dividend and capital adjustment histories and business profiles are provided within the webIRESS platform to make sure all webIRESS users have the most recent and up to date information to help in their decision making.

The Market Activity and Market Map functions within webIRESS provide users with the ability to obtain a quick market and sector overview with the touch of a button. The Market Activity lists all top movers in the total market and the major market segments. The Market Map is a visual illustration of the market performance of the stocks in an industry group, for the current day.

Indices and economic indicators accessible inside the webIRESS using the platform include:
• major international interest rates
• major global indices
• foreign exchange rates
• commodities prices

Using webIRESS to trade CFDs
Contract for difference CFDs functionality using webIRESS is generally enabled by your broker, but only if they've got an IRESS order routing system (IOS) that is configured to allow direct market access (DMA) CFD dealing in.

Charts on webIRESS
webIRESS includes a variety of chart indicators and trend lines for easy analysis of price charts. webIRESS can access over 20 years of historical price data allowing you to run thorough back testing.

Am I able to tailor my webIRESS layout?
Traders can configure the webIRESS workspace layout to suit their very own preferences. They are also able to create custom keys for frequently recurring tasks and save all personal settings for future use.

WebIRESS Excel Interface
The webIRESS excel interface enables the creation of live price links between webIRESS and Excel, or the direct extraction of past data into an Excel spreadsheet.

How can I get started CFDs CFDs on webIRESS?
There are many stockbrokers that offer the webIRESS platform platform however before getting started on the webIRESS platform you might want to download a webIRESS demo and read my guide to CFD dealing in.

Article Source: http://depositarticles.com/

John Masterton is a professional CFD trader trading with Australia's largest and most popular CFD broker, IC Markets. Ben has published a number of articles on CFD trading including guides and ebooks which you can download for free.

Please Rate this Article

 

Not yet Rated

Click the XML Icon Above to Receive Finance Articles Via RSS!
Additional Articles From - Home | Finance
Sign Up for a free account.
Our other websites
All about SEO
Beauty Tips Forum
Submit Articles
Member Login
Link Us
Submission Guidelines
Ezine Notifications
Article RSS Feeds
Sitemap
New Stuff
About Us
Developer
Good shopping portal
Link to Us
Contact Us
Privacy Policy
Terms of Service

counter easy hit

Powered by Article Dashboard