Metal Trading System

Description:

Their system is a sophisticated and easy-to-use financial business solution that enables traders and their clients to perform critical trading activities via the web.

Business Need:

Required an application through which warehouse companies could monitor and maintain their stocks levels worldwide through them. The client also required a system to handle concurrent access and duplication along with monitoring agents activities.

Solution:

LME Warehouse System uses “Agents” to confirm the creation and cancellation of warrants. Communication between individual warehouse locations and the London agent is normally system generated e-mail, fax being the backup mode.

Benefits:

  • Enhances customer services by providing direct web-based access to account info, status monitoring and LME Direct
  • Increases accuracy and reduce the time taken to process orders and trades
  • Maximises the efficiency of each trader and administrator, enabling greater volumes to be handled with the same headcount
  • Reduces the time spent monitoring order status due to the automated alert system
  • Improves trading performance and decision making with real-time data analysis and live tracking