PFSOFT Expands Protrader’s Risk Management Tools to Proprietary Trading Firms

PFSOFT, a fintech developer of sophisticated brokerage solutions, has expanded its pool of risk rules for Protrader’s solution suite, part of its multi-asset Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, in an ongoing bid to streamline the group’s 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 for partners and clients, according to a PFSOFT statement.

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Protrader deals with a variety of asset classes, including foreign exchange (FX), equities, futures, contracts-for-difference (CFDs), and spread betting. The new update to the platform is the latest iteration of a continuous cooperation between PFSOFT and a number of investment firms.

More specifically, the new update will yield a variety of different functions and rules. These include a fortification of risk management devices such as daily and weekly loss limits, maximum value of all positions, and maximum trailing drawdown. The deployment of these enhancements also helps Protrader’s solution fit the needs of different market participants, many of whom are looking for stronger risk management capabilities.

The group caters to a wide range of market participants, including multi-market brokerages, white label and technology providers, local marketplaces, and also funds and proprietary trading shops.

Moreover, the advent of a professional front-end suite will also enable the targeting of professional traders, money managers, and algorithmic traders, as well as high net worth investors who are receptive to an extensive set of analytical and trading functionalities.

PFSOFT made headlines last month after it connected its Protrader Multi-Connect (PTMC) platform with Interactive Brokers. Recently, PFSOFT became one of the fastest growing developers of trading technology, and from the beginning of this year it has made similar connections to three forex brokers: FXCM, LMAX and OANDA, as well as to new data feeds, such as Quandl, IQFeed.