Overview

The Trade Event Notification Service is an optional integration functionality built to support Institutional Clients, who have a need for a real-time supplement to the End of Day files.

 
TENS monitors the trade and process flows at Saxo Group. It publishes trades, position events, and system notifications. These notifications are available for both live and simulated systems.
TENS can be used for a number of purposes: As a risk management tool to record margin calls, as a service alert passed on to underlying customers (for a White Label Client) and for resolving specific reporting and reconciliation tasks at client side.
The TENService is able to provide real-time notifications in the following areas:

• Positions
• Orders
• Margin Calls
• Funding

Please see below figure for an overview of the notifications and the various delivery methods available.
PositionsOrdersMargin callsFundingsTENS engineFIX sessionFile transferE-mailSWIFT

Pre-requisites

In order to implement TENS it is important that the Institutional Client's organisation has the necessary knowledge and technical skills to implement the solution.