Problem Statement

The client wanted to build a full-fledged real-time exchange solution for commodity trading.

The Challenge

  • Architecting exchange solutions from scalability (no. of users and trading volumes) perspective
  • Real time Match making solution
  • Provision of surveillance
  • Provision of risk management
  • Provision of market making
  • Real-time validations
  • Intraday reports
  • Interday reports
  • Day closing
  • Integration of third party feeds

TI Solution

TechInfiniti developed a full-fledged commodity exchange for Commodity Exchange of Nepal (COMEN). The exchange support Client to Client Trading(CTCL) with full Back Office Functions and reports for clearing agents, brokers, sub-brokers and client and front office trading desktops for brokers and clients. The exchange supports Automatic Tradingand Market Makers also. It integrates with third party feeds for supporting automatic trading. TechInfiniti has been providing managing application services and providing 24×7 Data Center Management Services for hosting and managing the exchange out of its own datacenter.The back-office that is written in Java and uses Oracle. The exchange software includes trading platform and 11g and Timesten© databases respectively from Oracle. The client trading work station is written in Flex and is delivered the web browser via internet.

Advantage

  • Availability of the entire solution at a very low cost
  • Fully automated software with minimal manual intervention
  • Generation of reports across trading cycle
  • Real time activities performed by different levels
  • Cost-effective trading solution
  • Solution for risk management and trade execution

View Screenshots

Commodity Exchange of Nepal