ActTrader Technologies, Inc. has partnered with Grupo AGSF S.A. de C.V., to offer its technology and trading platform to the Mexican Financial Market, according to an ActTrader statement.
US-based ActTrader Technologies, Inc., is a provider of independent retail trading platforms for banks, FCMs, foreign exchange brokers, equities, and money managers. The group is also fully compliant with regulatory requirements in the US, UK, Japan, and Europe. Alternatively, Grupo AGSF S.A. de C.V. is a Mexican investment corporation, majority owned by Global Sovereign Funds LLC.
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The new partnership between ActTrader and Grupo AGSF will see ActTrader’s investment platform permeate the Mexican market. ActTrader provides a number of back-office, manual and automated risk management solutions, which will help bolster the offering of Grupo AGSF.
According to ActTrader CEO Ilya Sorokin in a recent statement on the partnership, “ActTrader has been very innovative in creating superior functionality for financial institutions worldwide, especially in terms of helping them to stay ahead of the curve with regulated trading and reporting requirements, and advanced technology utilization.”
“Mexico is a very exciting and actively growing financial market, ripe for introduction of advanced trading technologies such as ActTrader,” added H.E. Amb. Percy Tamayo President & CEO of Grupo AGSF S.A. de C.V. in an accompanying statement.