The webIRESS plus trading platform is the newest platform to be released by Australian financial markets software giant, IRESS market technology. WebIRESS plus allows retail on-line traders the capability to take full benefit of the flexibility and speed offered by IOS plus from the comfort of their home or office.
Unlike the traditional IOS classic powering conventional webIRESS, IOS plus provides end users with the ability to take advantage of advanced web services technology in their automatic trading plans. webIRESS plus users are now able to build trading algorithms without needing to install and run the IRESS desktop application, saving a significant amount of time and money. Being server based the web services technology also provides significant redundancy advantages.
IOS plus has substantial speed advantages over its predecessor with order transmission speeds being enhanced by a whopping 150%, this means webIRESS plus users are able to send trades to the market at speeds not previously available to retail clients in Australia. Faster execution translates into more trading opportunities.
webIRESS has also had a make-over with webIRESS plus using the lasted in Java technology giving the front end interface a soft visual appearance reminiscent of windows seven. Combined with an improved graphic look webIRESS plus also provides users with advanced order varieties including having the ability to create multi legged contingent orders.
At this time webIRESS plus is only being used for CFD trading, this is primarily due to low latency order transmission times demanded by CFD traders. It is expected that webIRESS will soon be adapted for web based share and options transacting also.
At the moment webIRESS plus is only being offered by CFD provider International Capital Markets (IC Markets), this is largely due to customer demand for low latency CFD trading and the company’s drive to stay at the forefront of trading technology. It is expected that other CFD providers currently offering webIRESS will soon recognize the numerous benefits of webIRESS plus and add this revolutionary trading platform to their arsenal.
When deciding on a CFD provider always think about the platform being offered and determine whether it provides you with an edge in your trading. For anybody who is a day trader or scalper you should consider webIRESS plus because it offers you a major speed improvement over all other platforms out there. It will allow you to make the most of fast moving markets and rapid match price changes in the opening and closing market phases.
IRESS has again set a brand new benchmark for high speed low latency trading in Australia.
Author Resource:-
Matthew Jones is a professional CFD trader with over 15 years experience in the market. Matthew has been buying and selling CFDs online since their introduction to Australia in 2003. Matthew has published assessments on a number of CFD trading platforms including webiress for a range of trading magazines and online publications. Matthew has also held quite a lot of seminars on day trading and scalping CFDs for a living, you can download many of Matthew's courses and books for free from www.icmarkets.com.au.