Financial trading technology firm, Panda Trading Systems (Panda TS), has launched a new partnership with Japanese broker, FXTrade Financial Co. Ltd, in a bid to streamline trading for Japanese market participants, according to a Panda statement.
As per the new accord, FXTrade Financial Co.Ltd will integrate Panda TS’s Simplex technology offering, targeting its domestic clientele. Panda TS’s Simplex technology is an FX trading platform that can achieve congruency or assimilation with MT4.
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Panda TS developed a customized version specifically designed to meet the functionality and regulator (JFCA) compatibility for the Japanese market. FXTrade Financial has branded it as “RAKU RAKU FX”.
Overall, Panda’s Simplex platform helps satisfy a need for existing brokers looking to offer a simplified trading utility for both existing and potential clients across a variety of locales. Moreover, the new technology offering helps brokers to augment acquisitions and increase conversion rates by expanding into adjacent market segments.
According to FXTrade Financial Co.Ltd CEO, Mr. Yashuhara Tsuru, in a recent statement on the integration, “We have worked with Panda TS for a long time. Without a doubt. Panda TS’s flexible products and services enhance our competitive advantage. This was reflected in their ability to customize the platform for the Japanese market.”