The SMART ETF is a system to support PD functions in ETF creation & redemption process.
SMART ETF integrates with the SMART Trade system, SMART Securities Back Office for settlement operations.
The features are as below:
ETF Trading System
ETF module for Participant Dealer (PD)
Basket trading via FIX protocol
Provides channel for trading program via FIX protocol
Real time ETF creation/redemption
Ream time customer portfolios
Provides confirmation note and trading reports
File interface to the ETF system at VSD