Ullink Introduces New Trade Risk Mitigation Service, Supporting Regulatory Needs

Ullink, a provider of electronic trading and connectivity solutions, has implemented a new service, Drop Copy and Trade Risk Mitigation, which caters to both buy- and sell-side participants looking to better support regulatory requirements, according to a Ullink statement.

In particular, the Drop Copy and Trade Risk Mitigation service looks to streamline 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 functionality across trading, as well as bolstering client service capabilities for financial firms. Moreover, the new service also helps firms grapple with the shifting regulatory climate, with considerations to monitoring market positions and other transparency measures.

Users of the Drop Copy and Trade Risk Mitigation service will also be able to have a duality of oversight across their trading activity, independent of their respective front office trading systems. The service is particularly important for Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term, as users can receive drop copies from all global trading venues and brokers through a single, FIX interface.

According to Philippe Thomas, Ullink’s Chief Sales Officer, in a recent statement on the service launch: “We are delighted with the positive feedback from top tier clients following the release of our Drop Copy and Trade Risk Mitigation product. It is very encouraging to see that our heavy investment into research and development to create the most advanced regulatory solution has paid off.”

The launch of the new service is one of the first major developments in the new year by Ullink, having also recently implemented its Managed Connectivity Service (UL MCS). The UL MCS acts as a fully hosted service that caters to both buy-side and sell-side firms, which offers a unified solution for its multi asset class connectivity requirements.