UMEX Trader
UMEX Trader is set to become the first trading platform to offer institutional investors with the ability to view the entire universe of Sharia compliant securities for each of the world’s main markets. The system provides a fast, easy to use and transparent method for institutional clients and wealth managers to trade in over 10,000 Sharia compliant securities from around the globe.
UMEX ETPs (Electronic Trading Platforms) are the primary service products offered by UMEX Securities & Finance ltd.
which is a regulated entity of the FSA. The electronic trading platforms represent one of the fastest growing segments within the financial industry. UMEX Securities & Finance ltd is an affliate of Sharia UMEX.
The two UMEX ETPs; UMEX Trader & UMEX Liquid have been designed to provide dedicated trading platforms for Sharia compliant securities offering coverage of the global market place.
With over $1 trillion of assets under management and an estimated investment pool of close to $400 billion, Islamic Finance represents one of the most liquid investment sectors in the world today. There are approximately 700 dedicated Islamic Equity Funds worldwide, and with an additional $50 billion in structured products UMEX ETPs provide a tailor-made service for this industry.
UMEX ETPs provide a service where Sharia compliant investment managers and brokers can trade with the full knowledge that all securities listed on these platforms adhere to strict Sharia guidelines and are continually monitored.
Whilst some online trading platforms offer a convenient combination of accessibility and low cost, often these trading systems suffer from unacceptably slow order execution. By contrast, UMEX ETPs provide extremely low latency trading by direct access trading systems (DATs).
Key Features of UMEX ETPs
UMEX ETPs and Level II Quotes
With a Level II screen, traders will be able, for each individual stock that he or she is watching, to see a complete list of bid and ask prices at a single glance and be able to compare main market prices with alternative prices offered via MTFs. The trader will decide at which price the order will be placed and needs to click only once on that price in order to commence the trade. The only other decision the trader will then have to make is the number of shares for the order. The order size is entered in a window that pops up on the DAT immediately after the chosen price is clicked on.
DMA (Direct Market Access)
UMEX ETPs provide direct market access to real time data and information and, through our executing broker network, the ability to trade on main markets and MTFs. Orders are executed directly from the trader's DAT and transmitted electronically to the ECN almost instantaneously - within a fraction of a second.
THE MARKET NEVER SLEEPS AT UMEX
UMEX TraderTM - UMEX Securitis & Finance ltd -( www.umexsecurities.com ) has established this advanced trading platform that provides institutions, fund managers and investment professionals with the ability to view real-time market data and research information as well as implement orders to buy and sell Sharia compliant financial instruments. The Platform will host over 10,000 global Sharia compliant securities from main markets around the world.
UMEX LiquidTM - There are over $6 billion invested in Sharia structured products globally that are currently not traded on any market or trading platform. UMEX Securities & Finance Ltd intends to create a trading platform, UMEX Liquid�, which offers a venue that acts as an inter-broker dealing system where such structured products can find liquidity which otherwise would be unavailable. The platform is to be made available only to regulated market participants and not open to the general public. Launch of this service is scheduled for later this year.