Also, time stamping is completely automated. The device is available in either a hard-wired or wireless version. Electronic Clerk can accommodate different commodities and multiple commodity months. It does not handle spread orders at this time. Currently, there are no leasing or installation fees for the Electronic Clerk.
Installation takes about four weeks.
Complimentary training classes, approximately two hours in length, are provided on a regular schedule. The first example is that of a FCM trading floor staff sending a simple order to a broker for execution. The second example is that of a FCM floor staff flashing an order to a broker for execution and then sending a flashed-order for broker endorsement.