The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Do Traders Dream Of Hologram Interfaces? FlexTrade Thinks So.

Capitalising on Microsoft’s augmented reality HoloLens product, which was first made available to technology developers in March 2016, FlexTrade Systems, a trade execution and order management systems provider, has developed augmented reality trading capability for HoloLens, according to Andy Mahoney, business development director at FlexTrade UK.

HoloLens is an altered version of a virtual reality headset that looks more like a pair of large eyeglasses, leaving the user’s peripheral vision open. The glasses show the user holograms in space without blocking out their vision of the real world around them.

FlexAR lets users access the FlexTrader EMS trade execution management system through an interface designed for the Microsoft HoloLens.

“As you look around the room, you will see a FlexTrade trading blotter,” says Mahoney. “You can then say a series of keywords — like ‘create blotter,’ ‘create charts’ and ‘create pods.’ From there, about a meter away from you, those functions appear when selected. You get the blotter chart or pod. You can then interact with those pods in free space, pick them up and put them in different parts of the room, so you can have FX trading areas, equities trading areas and more.”

The “pods” Mahoney describes are a “horseshoe shape” around the user that would show all the various equities, currencies or other securities potentially being traded. With FlexAR, the user’s eye movement can focus on specific items in the pod and then select those items and interact with them to get prices, initiate trades or perform other functions.

FlexAR also provides three-dimensional graphing capability, according to Mahoney. “You can create a bubble chart that shows on the X axis the percentage of orders done on your blotter; on the Y axis, the P&L versus the arrival price; and on the Z axis, the percentage of average daily volume,” he says. “That way you see all the big orders very close, all the difficult orders very close, and the easy orders further away. You can then visualise it a lot more intuitively. You can encapsulate more data than you could on a normal two-dimensional graph. We tried this with a lot of traders and the feedback has been immense. They’ve been very excited by it.”

Related content

WEBINAR

Recorded Webinar: FATCA – The time to act is now

This webinar has passed, but you can view the recording here. The US Foreign Account Tax Compliance Act – aka FATCA – raised eyebrows when its final regulations requiring foreign financial institutions (FFIs) to report US accounts to US tax authorities were published last year, but with the exception of a few modifications the legislation...

BLOG

IHS Markit Teams Up with Wave Labs to Enhance Fixed Income Price Discovery

IHS Markit has partnered with Wave Labs, a start-up specialising in fixed income liquidity sourcing, to accelerate price discovery and deliver insights and operating efficiencies to buy-side fixed income managers. The arrangement involves plug-and-play integration of IHS Markit’s thinkFolio multi-asset investment management platform with Wave Lab’s Electronic Liquid Seeking Application (eLiSA). Sourcing liquidity in fixed...

EVENT

TradingTech Summit London

TradingTech Summit London will explore how trading firms are innovating in today’s cloud and digital based environment to create flexible, scalable trading platforms to support speed to market and business agility. Leveraging the cloud, AI and ML technologies to get an edge, automate processes and simplify operations in a cost effective way is the name of the game and will share practical insight from practitioners and technology leaders who are innovating and driving forward change in trading operations.

GUIDE

Connecting to Today’s Fast Markets

At the same time, the growth of high frequency and event-driven trading techniques is spurring demand for direct feed services sourced from exchanges and other trading venues, including alternative trading systems and multilateral trading facilities. Handling these high-speed data feeds its presenting market data managers and their infrastructure teams with a challenge: how to manage...