Customization of Liquidity Providers

CAX has the ability to customize liquidity sources on an individual user basis to accommodate various trading strategies.

CAX API

CAX offers easy access to FIX Connections for algorithmic, black box and automated traders. By connecting to the CAX API, you can reduce the technology constraints of having to connect into multiple banks and ECNs into an internally developed black-box system. CAX has a programming team that can provide technology assistance to your institution in getting connected to the CAX API. For API specs (C++), please send an email request to sales@vcap.com.

CAX GUI

CAX is front-end "agnostic" and currently offers multiple GUI solutions with ChoiceFX as its primary interface.

ChoiceFX offers robust stop-loss functionality, stop-limit order manipulation, historical price data, market, limit and 3 distinct types of stop orders, as well as trailing stop functionality, an ability to trade one currency at a time or a number of them, ability to view charts and news to be enable a user to make more informed decisions; numerous ways to look at the account data, such as currency exposure, open order, pending orders, as well as others and back-office tools. ChoiceFX is also MetaTrader & MetaQuotes price gateway ready.

Smart order routing capabilities

The API and GUI solutions provide for smart order routing capabilities and market depth. Please contact your vCap FX representative for detailed order routing specifications.

High-Speed Technology & State-of-the-Art Data Center

CAX has direct fiber connections into all the major ECNs and banks and collocates near its liquidity provider's data sources to ensure sub-millisecond response times for the algorithmic traders.

Plug-&-Play Hosted Solution

CAX provides for one server connection that connects into multiple liquidity sources. CAX is a "plug-&-play" hosted solution for institutional and algorithmic FOREX traders in that CAX manages all of the connectivity constraints for end users without having to create separation connections into each portal, bank and liquidity provider. CAX also manages all the vital relationships between the liquidity providers and the prime broker to resolve issues in a timely and equitable manner and ensure a seamless turnkey process. On-site deployment is available for select CAX users.

Benefits For FCMs, Broker-Dealers & Banks.

Provides ability to augment current liquidity providers for their retail clients and provide an institutional product offering for their institutional client base.

Allows institutions to offset large order flow from proprietary trading groups, hedge funds and corporate customers, increases internal order flow for internal proprietary trading departments and minimizes undesired predatory flow.

Plug-&-play back office system that acts as a full-service accounting application that can enable the client to setup new or update existing accounts on the system, to run daily reconciliations, to generate various reports and statistics, run online reporting and perform risk management functions.