MahiMarkets has improved its CFD pricing product to give brokerages complete control over how they create CFD prices.
MahiMarkets, a trading technology provider, has unveiled a new product that allows brokerage firms to make use of multiple liquidity providers (LP). This will allow them to avoid “a single point of failure,” which increases the risk of poor pricing when markets are illiquid.
The product also offers benefits such as reduced liquidity, advanced skew drivers to increase profitability, and ultra-tight spreads with no slippage.
The Chief Product Officer at MahiMarkets, Andrew Morgan, said:
That a single Liquidity Provider (LP) can cause a lot of trouble for a brokerage business if there is an interruption or pricing issue.
He noted:
Our predictive pricing enables our clients to produce tailored pricing models for different types of liquidity, spread control, market volatility response and arbitrage protection, instead of delegating all of that to a single external LP.
Eurotrader has joined forces with MahiMarkets to access their cross-asset trading solutions for more effective risk management and pricing. According to the founder of Eurotrader, Dr Ozan Ozerk, the new partnership is a step forward in their growth plans. MahiMarkets, which previously operated as MahiFX, stopped its trading platform in 2019 and shifted to providing business-to-business technology.
They also sold their retail FX trading operations in the UK, Australia, and New Zealand.
Read more: MT5 iOS App Users Rise After Relisting | Brokers Times
