TradAir, an international technology provider for banks, brokers, and other financial institutions, has announced that FCA-regulated broker GKFX is now going live with GKPro TRADER, a customized version of its online trading platform for margin/credit forex and CFD.
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This platform was created due to the demand made by brokers and financial firms to have both elements of margin and credit available in one system. The combination provides control over clients’ access to liquidity before executing a trade. Additional features include granular leverage for each instrument, and automated risk management in cases of high market volatility such as in the Brexit and SNB sagas.
The provided margin/credit system offers APIs, which are said to allow convenient integration of exiting inhouse systems, as well as synchronization which offers real time updates of ongoing trades, deposits, and withdrawals. Dan Lawrence, Director of Institutional Sales GKFX, explained that the company went ahead with TradAir, as it has proved to uphold the customer service, performance, execution, and risk management standards that the firm was looking for. TradAir’s combined platform and the features it provides will assist GKFX to increase and expand its institutional business.
Illit Geller, the CEO of TradAir, said: “We are delighted to work with the GKFX team, who are professionals and market experts. TradAir’s credit margin solution, addresses the challenges of an evolving market, where credit has become scares and expensive, and brokers require robust pre-trade control of customer access to liquidity. The futureproof Margin FX/CFD platform provides the reliability, performance and superior execution quality demanded by brokers and their customers.”