This software was specially developed to be used as an electronic router in business and via Internet messages between Brokers and Bovespa. The system counts on a structure of users’ control (login/password), clients’ data records and operational limits.

Bovespa Framework (Multi-gate):
This router connects Bovespa 300/310/400/500/510 stock market gates through the service web of a broker. It also enables other connections to be developed to send orders and get accomplishments back. The via https (Internet) connection is part of this module which helps Xtrade (DMA)’s users, and the OMS system that makes the broker clients’ management, as well as the control of the operational limits of executions and the total of the day.

OMS - Order Management System (Management, Clients’ Data Records and Limits):
This system is an essential part of the Banespa Engine’s router module and it manages the orders and their executions and limit control.

The Bovespa Engine is enabled to receive new connections from national and international different platforms which make use of the FIX protocol, such as: Marcopolo, Tradeware TWG, Bloomberg, TradeScreen and Ullink.

XBroker (Bovespa/BM&F) – The Bovespa and the BM&F broker operators are enabled to control the operations and executions in the Order Management. The XBroker system enables the follow-up and the management of the operations carried out at BM&F and BOVESPA with the trader’s trade screens, accomplishing the businesses consistency (Meeting). This system is sectioned in four modules: Orders, Financial, Data Records and Integrator.

Highlight: In the version for BM&F, the XBroker system is provided with an efficient overtime specification screen which operates automatically and broadens the efficiency of the broker’s operational process by reducing re-specification errors (end of day letter) and softening operational risks.

XBroker PLD (BM&F) – In the PLD (BM&F) version for the Bank Treasury, this system enables the management of all operations carried out through BM&F PLD. The Broker’s Orders and the Execution Management of the Broker Manager’s system enables the follow-up and the management of operations carried out at BM&F with the traders’ trade screen specification, or else via overtime.

XTrade DMA – This software was specially developed to be installed at the client’s institutional investor and it enables the carrying out of businesses in real time together with Bovespa through the broker at the Home Broker Institutional (Stock Market Gates 300/310/400/500/510).

XTrade Asset – Corporative version to manage- in real time - the operations carried out at the Variable Income markets (Bovespa & BM&F), Fixed Income (Buying/Selling, Over and Shares), to control the positions of external funds and custody portfolio position, as well as to follow up the cash flow in real time.