New solution reselling liquidity and platform execution capabilities in a cost-competitive offering emerges, while an additional product seeks to capture fleeting arbitrage opportunities detected as market "leaks."
Forex Technologies Inc.(FTI), under the brand FTPrime and based in New York, has launched a gateway directly into the inter-bank market for individuals and small to midsize trading firms, and appears to be the latest company to emerge in this space, as per the company’s official press release today.
The company has several industry veterans on its executive team who have worked at numerous platform providers and technology developers, as per the FTPrime.com website, and all of whom have held senior positions at ACT Forex - a long time running foreign exchange platform developer still used by a respectable number of retail FX firms. The trio now consists of FTIs, CEO, COO and CTO according to the 'About Us' section of the FTI website.
FTPrime CEO, Anatoly Tkach, said in the official press release, "We’re proud to finally offer a solution that is specifically focused on the market players who are unable to meet capitalization values required by major prime brokers and government regulatory bodies."
The company mentions that it provides direct access via the Graphical User Interface (GUI) or Financial Information Exchange (FIX) api, of platforms such as Currenex, MetaTrader4, Fortex and VTtrader, and these capabilities are offered to money managers and brokerages looking to white-label the platforms, combined with the company's prime of prime solution where client funds are held at Advanced Markets or FCStone, as an example.
Existing Trend: Reselling Solutions in Custom Offering
The company lists a number of other strategic partners as it looks to combine its reselling capabilities in a cross connected environment provided within its offering. The ongoing synergies and combination of solutions from a wide array of companies appear to be aimed at providing the best of each solution, rather than a complete solution devoid of 3rd party reliance.
It will be interesting to see how FTPrime fares as its pricing model at barely $6 per million could appeal as it competes with a large number of companies which have already joined this growing space of prime of prime providers. Given the team's experience in overseeing technology development, this could be their edge, as compared with a non-technology developer focused re-seller. And as can be seen below, the company appears to be involved in other dimensions of financial services product offerings.
While investigating the above news, Forex Magnates discovered a link on FTPrime.com redirecting to TForex.com, short for TechForex, and also a trading name of Forex Technologies Inc.
One of the products listed on that page is called O'TRADE, short for Opportunity Trade, which describes a product designed to arb the FX market, by taking advantage of detected arbitrage opportunities and created after FTI was founded in 2011, and described as follows:
"The O’TRADE’s concept of Cyclic Trading employs the cross currency arbitrage on the price discrepancy among three or more different currencies in the foreign exchange market. The arbitrage strategy involves a chain of trades, exchanging the initial currency for a second, the second currency for a third, and so on, and the last currency for the initial."
While cross currency arbitrage is also considered a form of statistical arbitrage, which in theory makes perfect sense with such fleeting opportunities existing day-to-day in the FX markets, it may be harder to execute in practice as such latency driven approaches could be less scalable if a large number of traders join a particular strategy or given signal, in Forex Magnates' opinion. Below is an excerpt of a diagram depicting a cyclical arbitrage scenario, as seen on Otradefx.com, using equities denominated in various currencies (such as might be common in a dual-listing or ADR):
Example Excerpt of O'Trade Diagram [source:otradefx.com]
Forex Technologies Inc.(FTI), under the brand FTPrime and based in New York, has launched a gateway directly into the inter-bank market for individuals and small to midsize trading firms, and appears to be the latest company to emerge in this space, as per the company’s official press release today.
The company has several industry veterans on its executive team who have worked at numerous platform providers and technology developers, as per the FTPrime.com website, and all of whom have held senior positions at ACT Forex - a long time running foreign exchange platform developer still used by a respectable number of retail FX firms. The trio now consists of FTIs, CEO, COO and CTO according to the 'About Us' section of the FTI website.
FTPrime CEO, Anatoly Tkach, said in the official press release, "We’re proud to finally offer a solution that is specifically focused on the market players who are unable to meet capitalization values required by major prime brokers and government regulatory bodies."
The company mentions that it provides direct access via the Graphical User Interface (GUI) or Financial Information Exchange (FIX) api, of platforms such as Currenex, MetaTrader4, Fortex and VTtrader, and these capabilities are offered to money managers and brokerages looking to white-label the platforms, combined with the company's prime of prime solution where client funds are held at Advanced Markets or FCStone, as an example.
Existing Trend: Reselling Solutions in Custom Offering
The company lists a number of other strategic partners as it looks to combine its reselling capabilities in a cross connected environment provided within its offering. The ongoing synergies and combination of solutions from a wide array of companies appear to be aimed at providing the best of each solution, rather than a complete solution devoid of 3rd party reliance.
It will be interesting to see how FTPrime fares as its pricing model at barely $6 per million could appeal as it competes with a large number of companies which have already joined this growing space of prime of prime providers. Given the team's experience in overseeing technology development, this could be their edge, as compared with a non-technology developer focused re-seller. And as can be seen below, the company appears to be involved in other dimensions of financial services product offerings.
While investigating the above news, Forex Magnates discovered a link on FTPrime.com redirecting to TForex.com, short for TechForex, and also a trading name of Forex Technologies Inc.
One of the products listed on that page is called O'TRADE, short for Opportunity Trade, which describes a product designed to arb the FX market, by taking advantage of detected arbitrage opportunities and created after FTI was founded in 2011, and described as follows:
"The O’TRADE’s concept of Cyclic Trading employs the cross currency arbitrage on the price discrepancy among three or more different currencies in the foreign exchange market. The arbitrage strategy involves a chain of trades, exchanging the initial currency for a second, the second currency for a third, and so on, and the last currency for the initial."
While cross currency arbitrage is also considered a form of statistical arbitrage, which in theory makes perfect sense with such fleeting opportunities existing day-to-day in the FX markets, it may be harder to execute in practice as such latency driven approaches could be less scalable if a large number of traders join a particular strategy or given signal, in Forex Magnates' opinion. Below is an excerpt of a diagram depicting a cyclical arbitrage scenario, as seen on Otradefx.com, using equities denominated in various currencies (such as might be common in a dual-listing or ADR):
Example Excerpt of O'Trade Diagram [source:otradefx.com]
iFOREX Adds Saudi and South Korean Equity CFDs as IPO Is Delayed
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Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
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We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
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We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
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We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
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We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
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A concise look at where compliance, onboarding, and AI-driven processes are heading next.
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Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
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We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
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We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
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In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
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We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
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We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
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Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
![example excerpt of O'Trade diagram [source:otradefx.com]](https://www.financemagnates.com/wp-content/uploads/fxmag/2014/05/example-of-OTrade.jpg)
