The International Securities Exchange (ISE) has upgraded its front-end execution system PrecISE Trade. The firm has made several key enhancements to the risk management features offered in PrecISE Trade, which now offers direct access for risk managers to set and monitor compliance with risk parameters available in the system.
ISE has also introduced the capability to enter a list of restricted securities that cannot be traded and to specify that no orders can be entered prior to the market open. PrecISE Trade also provides view-only access for risk managers to monitor real-time order and trade activity for multiple desks across the firm.
Click here for the release from International Securities Exchange.