SOURCE: Open E Cry, LLC

October 18, 2007 16:35 ET

Open E Cry, LLC Customizes OEC Trader for CTAs, FCMs and IBs

Block Allocation and Auto Execution Features Make Open E Cry's Innovative Trading Platform the Right Choice

POWELL, OH--(Marketwire - October 18, 2007) - Open E Cry, LLC, an industry-leading direct access futures brokerage firm, and pioneering developer of futures trading technology, has developed cutting-edge electronic tools for Commodity Trading Advisors, Futures Commission Merchants and Introducing Brokers.

Open E Cry's President, Rick Tomsic, was unsatisfied with the usability of other online futures trading systems so he decided to develop OEC Trader to meet the specific needs of futures traders. After ten years in the business, Open E Cry is setting themselves to a higher standard by providing the tools the industry is asking for... especially for institutional clients and introducing brokers.

This past Spring, Open E Cry introduced OEC Trader's enhanced Block Allocation feature. The OEC Trader allows CTAs and professional trade managers to create allocation block accounts with existing account lists. OEC Trader allows you to trade directly in the block account, and trades are automatically allocated based on defined rules. Done in real time, there's no back office support or administration needed. Clients can rely on OEC Trader's proper controls, tracking and detailed reporting.

OEC Trader's Block Allocation highlights include:

--  Sort accounts by your preference.
--  Choose from multiple allocation rules.
--  Automatic backfill allocation created with each standard block.
--  No faxing or emails of allocation block rules.
--  All allocations performed server side with no back office support
    needed.
--  Fully integrated into OEC Trader's accounting system.
--  Reduce out trades.
--  Risk control at the lowest level of the allocation block.
--  No need for cumbersome wash account at the clearer.
    

Open E Cry maximizes the functionality of their platform with integrated solutions. In addition to block allocation accounts, Open E Cry has introduced an auto execution feature within the OEC Trader platform. This robust tool, AutoX, will automatically route trade signals to the exchanges through the Open E Cry infrastructure. AutoX also provides the full functionality of OEC Trader inside TradeStation®. This extension has four hundred and fifty seven (457) functions reflecting all objects, properties and methods of OEC Trader. The extension allows strategies to access OEC Trader average positions, account balances, real orders, and send advanced orders. The OEC Trader shows all order manipulations in real-time from the TradeStation® strategy, and vise versa. The strategy can access the user operations, real OEC Trader positions and prices.

OEC Trader's AutoX highlights include:

--  Automatically execute trade signals.
--  View and manage trades.
--  Advanced order entry functions including allocation blocks.
--  Access to the real-time OEC Trader allocation blocks to leverage
    multiple account execution.
--  'Simple' and 'Extended' symbol mapping for ultimate flexibility.
--  Email notification capabilities.
    

Open E Cry constantly strives to exceed the needs of introducing brokers and institutional clients by developing the industry's most comprehensive online trading applications and software. Through speed, reliability and function, Open E Cry succeeds where other platforms on the market fall short.

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