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The webIRESS plus trading platform is the newest platform to be released by Australian financial markets software giant, IRESS market technology. WebIRESS plus enables retail web-based traders the capability to take full benefit of the versatility and speed obtainable by IOS plus from the relaxation of their home or office. Unlike the long-established IOS classic that powers conventional webIRESS, IOS plus provides users with the capability to take advantage of sophisticated web services technology in their automatic trading plans. webIRESS plus traders are now able to build trading algorithms without having to install and run the IRESS desktop application, saving a considerable amount of time and money. Being server based the web services technology also offers major redundancy advantages. IOS plus has substantial speed advantages over its predecessor with order transmission speeds being enhanced by a massive 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 buying and selling opportunities. webIRESS has also had a makeover with webIRESS plus using the lasted in Java technology giving the front end interface a smooth graphic look reminiscent of windows 7. Combined with an enhanced graphic look webIRESS plus also offers users with complex order variations including having the ability to make multi legged contingent orders. Currently webIRESS plus is only being used for CFD trading, this is primarily because of the low latency order transmission times demanded by CFD traders. It is anticipated that webIRESS will soon be adapted for on-line share and options trading also. At the moment webIRESS plus is only being offered by CFD provider International Capital Markets (IC Markets), this is primarily due to customer interest in 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 quickly recognize the many benefits of webIRESS plus and add this revolutionary trading platform to their arsenal. When choosing a CFD provider be certain to consider the platform being offered and determine whether it provides you with an edge in your trading. If you are a day trader or scalper you should consider webIRESS plus as it will give you a major speed advantage over all other platforms out there. It will allow you to benefit from fast-paced markets and rapid match price changes in the opening and closing market phases. IRESS has once again set an innovative new standard for high speed low latency trading in Australia.
Article Source: http://www.onlinearticlessite.com
Matthew Jones is a skilled CFD trader with over 15 years experience in the market. Matthew has been trading CFDs online since their introduction to Australia in 2003. Matthew has published critiques on a number of CFD trading platforms including webiress for a variety of trading magazines and online publications. Matthew has also held quite a few seminars on day trading and scalping CFDs for a living, you can download many of Matthew's programs and guides for free from www.icmarkets.com.au.
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