Margin trading broker InterTrader has revamped its website. Tailored to a more professional clientele, the new site reflects some of the internal changes the firm has made over the past twelve months.
Complete with a new logo, the company has now integrated a number of solutions and services into its website’s offering.
Argon Financial, which was acquired by InterTrader in December of last year, will be providing a range of prime brokerage solutions to both individual and institutional clients under the InterTrader Prime brand.
The new prime brokerage service will allow InterTrader’s clients to access custodial solutions, trade in equities markets and use other trading platforms, including FFastFill, X_Trader, Bloomberg and Fidessa, to trade in exchange-traded futures and options.
Alongside its prime brokerage offering, InterTrader now also offers a professional trading service – InterTrader Black – for derivatives trading.
That new service may be connected to InterTrader’s acquisition of Sigma Trading in August of last year.
A part of execution services provider Sigma Broking prior to that acquisition, Sigma Trading was set up to provide professional traders with access to the derivatives markets, particularly spread betting and contracts-for-difference (CFDs).
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InterTrader Black offers a similar service. For professionals only, the service allows users to place orders over the phone or via InterTrader’s electronic trading platform.
Traders using the InterTrader Black service will also have access to derivatives on a range of asset classes.
InterTrader will also not act as a market maker in any trading that takes place. Instead, the broker is providing direct market access to its customers.
That’s also the case for its retail clients who, though the new website isn’t entirely geared towards them, are still able to place trades and spread bets with the broker.
InterTrader’s shift towards a professional client base and multi-asset class offering comes in the wake of the European Securities and Markets Authority’s regulations which, implemented in August of last year, have forced brokers to change the way they do business.
Shai Hefetz, the chief executive officer of InterTrader, summed things up neatly when he spoke to Finance Magnates in September of last year.
“It’s a brave new world,” he said, “and we must adjust to the new reality.”