Exclusive: Takeprofit Tech Announces Partnership with Broctagon
- The company has collaborated with Broctagon Fintech Group to introduce leverage scheduling for brokers.
The fintech solutions provider, Takeprofit Tech announced today that it has formed a partnership with a multi-asset Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and technology provider, Broctagon Fintech Group to increase Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term choices for global forex brokers.
According to the press release shared with Finance Magnates, Takeprofit Tech collaborated with Broctagon to present dynamic leverage scheduling for brokers. The newly introduced MetaTrader 4 plugin will allow brokers to facilitate traders with high leverage, with an option of leverage adjustment on the basis of equity or balance of the trader.
Takeprofit Tech outlined the importance of risk management during highly volatile markets. The leverage scheduling function will enable brokers to provide high leverage at a lower risk. The feature will allow brokers to increase the security of the trading environment along with high-level protection in case of news-based volatility in the market.
Commenting on the recent partnership, Valentine Piotrovich, Head of Business Development of Takeprofit Tech, said: “We are happy to work with Broctagon to deliver brokers and traders another option for risk management. The product not only reduces the risks for brokers but protects traders against negative balances.”
Competitive Market
The press release mentioned that the major events of 2020, including the coronavirus pandemic, the US elections and cryptocurrency boom have increased the volatility in international financial markets. The recent events have enhanced the competitiveness in the brokerage industry as the companies are adopting innovative risk-management tools to minimize risks. Takeprofit Tech plans to mitigate risks by offering dynamic scheduling for brokers.
“Brokers today need fresh ways to stay competitive in a way that not only provides their clients with the best trading environment but ensures that their business is risk-free as well. We’re glad to work with Takeprofit Tech in this direction and offer cutting-edge technology to our clients,” Ted Quek, Chief Technology Officer of Broctagon Fintech Group, said in a statement.
Founded in 2013, Takeprofit Tech has offices in Saint Petersburg and Limassol. The company recently partnered with Match-Trade Technologies.
The fintech solutions provider, Takeprofit Tech announced today that it has formed a partnership with a multi-asset Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and technology provider, Broctagon Fintech Group to increase Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term choices for global forex brokers.
According to the press release shared with Finance Magnates, Takeprofit Tech collaborated with Broctagon to present dynamic leverage scheduling for brokers. The newly introduced MetaTrader 4 plugin will allow brokers to facilitate traders with high leverage, with an option of leverage adjustment on the basis of equity or balance of the trader.
Takeprofit Tech outlined the importance of risk management during highly volatile markets. The leverage scheduling function will enable brokers to provide high leverage at a lower risk. The feature will allow brokers to increase the security of the trading environment along with high-level protection in case of news-based volatility in the market.
Commenting on the recent partnership, Valentine Piotrovich, Head of Business Development of Takeprofit Tech, said: “We are happy to work with Broctagon to deliver brokers and traders another option for risk management. The product not only reduces the risks for brokers but protects traders against negative balances.”
Competitive Market
The press release mentioned that the major events of 2020, including the coronavirus pandemic, the US elections and cryptocurrency boom have increased the volatility in international financial markets. The recent events have enhanced the competitiveness in the brokerage industry as the companies are adopting innovative risk-management tools to minimize risks. Takeprofit Tech plans to mitigate risks by offering dynamic scheduling for brokers.
“Brokers today need fresh ways to stay competitive in a way that not only provides their clients with the best trading environment but ensures that their business is risk-free as well. We’re glad to work with Takeprofit Tech in this direction and offer cutting-edge technology to our clients,” Ted Quek, Chief Technology Officer of Broctagon Fintech Group, said in a statement.
Founded in 2013, Takeprofit Tech has offices in Saint Petersburg and Limassol. The company recently partnered with Match-Trade Technologies.