TraderEvolution Platform Progress Pulse - Episode 5

Heading into the second half of 2024, we are pleased to issue the fifth edition of our periodical newsletter, “Platform Progress Pulse” which provides updates that we believe are of value and interest.

Here are some of the updates which will be included in the next release of TraderEvolution, which will be version 3.114.

Back End Enhancements:  

1) Tools4Brokers integration complete.

Adding to the array of existing integrations within the TraderEvolution core trading engine, we have now completed the integration with trade processing, liquidity management and connectivity provider Tools4Brokers.

2) TradingView Broker integration update: New mapping task implemented.

A further development within the TradingView has been included in the new release of the TraderEvolution back end, in the form of a new task called 'TV BI Mapping (USA). This new task facilitates the mapping of stocks and ETFs between TradingView and Trader Evolution platforms.

3) 'Hedging By largest leg' functionality has been implemented.

Hedging by largest leg functionality checks the final margin value for instruments according to the largest Buy or Sell leg of the portfolio.

4)  The Statement panel has been implemented.

This new enhancement gives users access to the Statement panel in the client app which displays a detailed account statement for the selected account(s).

5) End of Day trailing drawdown rule amendment within Margin & Risks.

The End of Day (EOD) trailing drawdown rule has been added to the User group User/Account/Account preset levels. This value determines the drawdown offset for the account in its currency. The trailing drawdown level will be calculated at the end of each day.

6) 'Use time range to allow quotes' function added to Quote Filters.

This new functionality enables the setting of a time range for quotes filtering, which is conducted via the timestamps on each quote. For example, all quotes outside of the specified time range will not be available if this function is activated. Additional 'From/To' fields are also included for defining the time range, and a 'Timezone' drop-down list for selecting the required time zone appears.

7) Two new controls added to the Custody plan: Max and Min acc ccy.

The Custody plan now has two new controls relating to fees charged between custodial operations maintenance task runs. The first of these is 'Min value, acc ccy', which is a numeric field for specifying the minimum fee that can be charged during these runs. The second of these is 'Max value, acc ccy', which is a numeric field for specifying the maximum fee that can be charged during these runs. With both of these new controls, only positive values are available and if a zero is displayed it means that the value is not set.

8) Update to the Interest On Balance service.

This function has been updated to include the possibility of considering a leap year.

9) 'Allow positions checking in the past' function added to Corporate Actions.

Within the Corporate Actions function, there is a new 'Allow positions checking in the past' control. If this is active, it allows the checking of positions in the past and corporate actions can be run for them. This feature is available only for Cash dividends. Example: (Event date = “ExDate=PaymentDate”).

Front End Enhancements:

TraderEvolution Global Ltd pioneers AI Assistant.

TraderEvolution Global Ltd continues to pioneer the innovative AI Assistant which is built into the front end trading interface. Currently the AI assistant is in its prototype phase and is subject to continued development, however for those wishing to see it in action, it will be showcased at the TraderEvolution Global Ltd booth at the forthcoming Finance Magnates Pacific Summit in Sydney Australia on August 28 and 29 this year.