PXIL launches new trading platform – PRATYAY

Power Exchange India Limited (PXIL) has launched its new technology-based trading platform PRATYAY. The platform aims to ease trading on the exchange across all segments. It offers a hassle-free migration from client-based solutions to web-based solutions. A user-friendly platform, PRATYAY includes features such as auto update, web browser operations, ease of report export and printing, and a smart user interface. The platform helps eliminate participant-driven updates so that no action is required on the client’s end. PRATYAY also comprises modules for risk management, and clearing and settlement. It enables stage-wise risk management and margining based on the status of order, transaction, clearance and settlement to ensure payment security and trade margins.