Unlocking Systems/Licensing Systems:
1. Each trading system on the iSystems platform is “locked” upon first logging onto the platform. A “locked” system is displayed with a padlock icon as highlighted below, and means the user has not yet licensed the rights to trade that system.
2. Once the customer chooses a system he or she wishes to trade, they must first “purchase” a license to that system by clicking on the locked icon and selecting ‘Buy License’. The “purchase” of a license is nothing more than agreeing to an ongoing periodic cost (usually monthly) ($160/mo in this example)
a. Upon clicking the button listing the price per month to purchase the license, a confirmation ‘pop-up’ appears confirming the details of the purchase for the client, and authorizing their FCM to pay the lease fee out of the customer account upon receiving an invoice for the fees payable
b. All of the licenses purchased and active for a user’s account can be viewed by the user under the ‘MySystems/Licenses’ screen.