The BarterSecurities system provides a toolkit which allows marketmakers to measure the attractiveness of any incoming barter order, specify how aggressively or passively to respond to it, either manually or automatically, using customized rules, and isolate the profit and loss impact of each decision rule on a real-time basis. Each rule that you compose consists of a set of conditions and a set of price and size tiers which define the responses to a barter order if the conditions are satisfied. For example, conditions might filter for particularly attractive barter orders with the buy- and sell- legs in roughly equal dollar amounts, having high liquidity, and coming from the same industry. You can choose to show an automatic response to these types of orders at the corresponding NBBO price reduced by, say, 20% of the NBBO spread, for the current NBBO size. (Note that at the time that you respond to an order, you will know which security is being bought and which security is being sold.) You can customize trade tickers, or position and P&L reports to give you the information you need on a real-time basis. Each report is associated with a data source, so that a P&L report may be constructed for only the securities in a defined symbol list, or only the trades that were invoked by a selected rule, etc. The rest of the tour takes you through the use of the toolkit step by step... « exit tour continue »