Requirements

Introducing Brokers - Series 7, 63
Branch Offices - Series 7, 63, 24
OSJ's - Series 7, 63, 24, 55, 4

Methodology

SpeedTrader.com's implementation methodology is the road map that defines success throughout the life of a project. Our proven process has been engineered and refined by constantly improving our procedures. By utilizing a holistic approach, SpeedTrader.com has created a methodology, which incorporates a multi-phase process strategy providing a strategic framework that is flexible and systematic. It is a living process designed to deliver back office, compliance, risk management solutions while continuously reacting to shifts in business and technology environments.

Three Tiers

Supporting these processes is the Correspondent Support Structure, which consists of SpeedTrader.com 's Back Office Team, Branch Liaison Management, and Trader Support.
Each team is specialized in providing superior service and attention to both correspondents and their traders.

The Back Office Support Team, which maintains the highest levels of service and reliability providing services such as account administration and operational support. The Back Office Support Team operates under strict operational procedures that ensure that compliance and regulatory issues are adhered to.

 
Business Models

SpeedTrader.com 's process begins with an analysis of the market environment that you are targeting for penetration. Upon review and discussion of which business model you may choose, we will then construct the internal framework to facilitate the process of bringing your business to market. The first concern is the market in which you wish to transact business, we have the ability as the only direct access firm licensed in all 18 European countries to transact business both in the United States and Europe. Once your location is chosen we have three distinct business models to select from consisting of an Online Trading Model, Physical Daytrading Center, and the Remote Day Trading Center.

Level I
The first Model is the Online Trading Model which would provide your traders with Level I access to the markets. This level of trading will enable your clients to transact business in the traditional retail brokerage model. The Online Model is a browser-based technology that your clients can access from anywhere in the world.

Level II - Day Trading Center
Our second offering is the Physical Day Trading Branch which is a brick and mortar based business where traders can access the markets in an environment that cultivates interaction among traders which can lead to increased business. Accessing the markets at the Level II, involves you client trading at a level that levels the market eliminating order flow and enabling traders to access the market directly. The Physical Day Trading Center Model requires proprietary software which is located on your trader's computers and a direct connection to the markets provided by the Day Trading Center network infrastructure.

Level II - Remote Trading Center
The third offering concerns our Remote Trading Center business model which allows traders to access the markets remotely at Level II. The business model involves the construction of a web site which will serve several purposes. First and most importantly it will serve as your primary marketing tool and secondly as an information resource for your traders. On this site your traders will have a password protected Trader Resources section that will provide them with privately branded content maintaining the look and feel of your web site but maintained by SpeedTrader.com . The Remote Day Trading Center requires the same proprietary software located on your traders computers, but requires your traders to establish a connection to the SpeedTrader.com Trading Network.

Implementation Model

We begin this process with the Technology Planning Meeting (TPM) which signifies the exploration phase of our process which will detail actionable items for all to follow. Many of these action-items will be processed and completed in parallel with eachother. This meeting is facilitated by our Strategic Technology Group as well as the Branch Liaison Manager. The phase will concern the following: Network Design, Hardware Specification, Software Specifications, Bandwidth Specifications, Provisioning, Data-feeds, and Preparation for final integration with the SpeedTrader.com network.
SpeedTrader.com will ensure that you will you are in business for yourself but not by yourself. Guidelines and general parameters will be provided to guide you through the initial business implementation process. This means that the client will be responsible for the following during the initial phase of operations: Real Estate Negotiations, Leases, Office Furnishings, Legal Fees, Sourcing of Telecommunications, Network Infrastructure and Software. Additionally, the Client will be responsible for the set-up and configuration of the Network Infrastructure

Branch Induction

Following the Licensing and Administrative process, Client's are required to attend SpeedTrader.com 's Branch Induction Meeting which will familiarize them with SpeedTrader.com personnel. This meeting is intended for education and outstanding issue resolution. The process is designed to familiarize the Client with our firm as well as provide them with the necessary knowledge to operate their trading center. Additionally, operational and compliance procedures will be detailed enabling the Client to transact their businesses within the SpeedTrader.com framework.

Tactical Deployment

Once mission critical requirements have been completed the tactical deployment of the hardware or software can be facilitated. This process will involve a member of our Strategic Technology Group visiting your location and configuring your trading platform and network. After stress testing and the final quality assurance process, your system will be ready for business and execution.

Final Launch

During the final launch phase of your business, SpeedTrader.com will assist you in the review of all marketing campaigns and collateral materials. Our Branch Liaison Manager will provide invaluable insight and suggestions that will complement your marketing efforts. Finally, SpeedTrader.com will ship to you the documents that will be required for making all of the appropriate disclosures and opening accounts.