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The webIRESS plus trading platform is the newest product to be released by Australian financial markets software giant, IRESS market technology. WebIRESS plus allows retail web-based traders the capability to take full advantage of the flexibility and speed obtainable by IOS plus from the relaxation of their home or office.

Unlike the long-established IOS classic powering conventional webIRESS, IOS plus offers users with the ability to take advantage of sophisticated web services technology in their automated trading strategies. webIRESS plus users are now able to create trading algorithms without needing to install and run the IRESS desktop software, saving a considerable amount of time and money. Being server based the web services technology also offers significant redundancy advantages.

IOS plus has substantial speed advantages over its predecessor with order transmission speeds being enhanced by a whopping 150%, meaning webIRESS plus users will be able to transmit orders to the market at speeds not previously accessible to retail customers in Australia. Faster execution translates into more trading opportunities.

webIRESS has also had a makeover with webIRESS plus using the lasted in Java technology giving the front end interface a smooth visual look reminiscent of windows 7. Combined with an enhanced graphic appearance webIRESS plus also provides traders with complex order varieties including having the ability to create 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 expected that webIRESS will soon be adapted for on-line share and options transacting 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 brokers presently offering webIRESS will quickly recognize the significant benefits of webIRESS plus and add this revolutionary trading platform to their arsenal.

When choosing a CFD provider it is advisable to think about the platform being offered and decide whether it will give you an edge in your trading. If you are a day trader or scalper make sure you consider webIRESS plus because it gives you a significant speed advantage over all other platforms that are available. It will allow you to take advantage of fast paced markets and rapid match price changes in the opening and closing market phases.

IRESS has once again set a brand new benchmark for high speed low latency trading in Australia.

Article Source: http://www.newsarticlessite.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 assessments on a number of CFD trading platforms including webiress for a variety of trading magazines and online publications. Matthew has also held quite a lot of seminars on day trading and scalping CFDs for a living, you can download many of Matthew's programs and books for free from www.icmarkets.com.au.

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