London-based brokerage technology solutions provider MahiMarkets has announced the introduction of MFXTradeHaven, a one-stop trading solution designed exclusively for aspiring brokers handling monthly volumes of less than approximately $5 billion.
Users can now reduce hedging costs, streamline pricing, risk management and technology bridging requirements, all with access to detailed transaction analytics for an affordable monthly fee.
MahiMarkets said that as the financial brokerage industry continues to mature, smaller A-book and B-book brokers face a myriad of challenges. A-book brokers are finding supplies under pressure, which makes it even more painful to pass the spread through their feed. However, as B-bookers know, limited hedging in smaller volumes creates uncomfortable Sharpe ratios with volatile cash flows. Both face costly connectivity and hedging solutions.
The company stated that this latest package is a small but powerful version of its bigger brother MFX Compass, which brokers use on a large scale. It still gives users access to a number of benefits and features, including:
Optimized flow management
MFXTradeHaven leverages cutting-edge technology and methods to efficiently categorize and clean the flow, ensuring that even smaller brokers with limited flow can benefit from advanced strategies.
Financial Compensation
MFXTradeHaven users have access to a purpose-built dark pool, allowing trades to be matched with other ‘residents’ supported by specially selected MFXTradeHaven partners. This allows smaller B-book brokers to enjoy the benefits of effective hedging without breaking the bank.
Complete multi-tenant negotiation package
MFXTradeHaven offers a complete package with excellent pricing, execution, risk management and bridging technology – all in an optimized solution hosted in a multi-tenant environment with automatic failover. This integrated approach ensures that brokers can focus on growth without the burden of managing multiple tools.
Revenue growth strategies
MFXTradeHaven members gain access to strategies that can help them achieve an additional $10-$20 per million revenue stream and a host of other cost savings.
Competitive monthly fees
With monthly fees starting at $15,000, MFXTradeHaven provides affordable access to powerful tools and strategies.
Strong protection measures
Our platform has strong safeguards, protecting businesses from coordinated trading and unforeseen risks.
Danger management
Smart compensators using highly optimized signal information refine the approach much faster than humans, ensuring effective and efficient compensation.
Advanced bridging technology
Access an advanced ultra-low latency connectivity bridge.
Co-Founder and Co-CEO Susan Cooney proudly welcomes the new addition to the MahiMarkets product suite, saying;
“We are fully aware of the challenges retail brokers face as the retail user becomes more sophisticated. We created MFXTradeHaven because we believe that everyone should have access to the protective tools, advanced pricing and risk management methods that really make a difference in revenue and lower the barrier to entry. Dark pools are commonplace in the institutional space, so we’re excited to bring this benefit to retail brokers.”
About MahiMarkets
Established in 2010, MahiMarkets combines extensive trading knowledge and strong engineering to provide technology solutions for various market participants across asset classes. Clients can implement and use sophisticated signal-based software to generate their prices, protect their business from arbitrage and effectively manage risk, driving PnL and reducing costs.