Author: Desmond Brooks
Desmond Brooks
Desmond Brooks is a skilled financial strategist with a keen eye for market analysis and trading opportunities. With a solid foundation in finance and a passion for economic trends, Desmond provides clear, actionable insights that help traders navigate the complexities of the market. He has contributed to several financial platforms, where his expertise in strategic planning and risk management has made him a trusted voice in the trading community.
Virtu Financial has partnered with the Tokyo Stock Exchange to enhance the efficiency of large-scale ETF transactions. This collaboration aims to improve liquidity and streamline operational processes for institutional investors, reducing transaction costs through better access to real-time market data. Integration with CONNEQTOR Platform Virtu Financial has integrated its Triton Valor execution management system (EMS) with the Tokyo Stock Exchange’s CONNEQTOR platform, a tool designed to facilitate seamless ETF trading. The CONNEQTOR platform allows investors to request simultaneous quotes from multiple market makers, providing a more efficient means of executing large transactions. This integration is a response to increasing client…
BlackRock and MarketAxess have announced an expanded partnership aimed at simplifying credit trading processes for their shared clients through the integration of MarketAxess’ tools and automation features. This initiative is set to enhance the digitization of global credit markets by leveraging Aladdin’s powerful portfolio management system. Expanded Collaboration to Boost Efficiency The strengthened partnership will offer joint clients increased access to advanced trading solutions by embedding MarketAxess’ innovative tools directly within BlackRock’s Aladdin platform. This integration is expected to boost trading efficiency by streamlining workflows and providing deeper connectivity between the two platforms. A Decade of Cooperation Since the partnership…
Finalto South Africa has introduced a new White Label solution that enables market participants to establish their own brokerage swiftly, with the entire setup process taking as little as one month. The offering features customizable tools, advanced liquidity options, and a variety of platform-agnostic capabilities. Finalto Africa’s CEO, Dany Mawas, emphasized that the solution is designed to simplify the complex process of starting a brokerage. “Our platform is fully customizable and integrates seamlessly with Finalto’s top-tier liquidity providers. What sets us apart is the inclusion of robust risk management tools, comprehensive reporting features, and the ability to work across multiple…
DXtrade has deepened its collaboration with Centroid Solutions to integrate Centroid’s risk management platform, Centroid Risk, offering brokers advanced tools to analyze portfolios and mitigate risk effectively. Advanced Risk Management Tools for Brokers Centroid Solutions, a leading fintech company in trading technology, has announced an expanded partnership with DXtrade, a white-label trading platform developed by Devexperts. The enhanced collaboration will enable DXtrade brokers to benefit from Centroid Risk, a comprehensive risk management system designed to provide detailed insights and risk mitigation tools for brokers. DXtrade, known for its customizable trading solutions, including web and mobile trading platforms, has positioned itself…
BlockFills, a leading crypto trading solutions provider, has announced a strategic partnership with New Change FX (NCFX) to integrate NCFX’s benchmark data and analytics into its platform. This collaboration aims to enhance BlockFills’ offerings for institutional clients by providing reliable, data-driven insights in the rapidly growing digital asset market. Strengthening Data-Driven Crypto Solutions As institutional investors seek more dependable data to guide their trading strategies, BlockFills is expanding its capabilities by incorporating NCFX’s market-neutral data. This move aligns the company with the high standards of traditional financial markets while catering to the specific needs of the evolving crypto space. Nick…
MetaTrader 5 has recently introduced over 40 new payment options, making it easier for traders around the world to transact. These payment methods are tailored to specific regions, including Alfamart in Indonesia, Alipay in China, Boleto in Brazil, and BLIK in Poland. The platform now also accepts cryptocurrency payments via Binance Pay, along with several mobile wallets. Expanding Regional Payment Solutions According to a recent update from MetaQuotes, MetaTrader 5 now offers a wider variety of payment methods to cater to its global user base. In addition to traditional options like credit cards and wire transfers, users can access a…
Eurex, the leading European derivatives exchange, has announced that US-based Introducing Brokers (IBs) can now become direct members of the exchange, significantly increasing their access to European and global derivatives markets. This development broadens Eurex’s presence in the US and extends trading availability for American participants. Eurex Welcomes US Brokers, Expanding Market Access This move follows regulatory changes approved by the Commodity Futures Trading Commission (CFTC) in July, which now allow CFTC-registered foreign boards of trade (FBOTs) to provide direct access to US Introducing Brokers. Prior to this change, US traders seeking to trade on Eurex had to rely on…
Recent updates from The Funded Trader (TFT) suggest that suspended trader payouts might not be processed before 2025. The firm has announced its focus on unblocking larger accounts with balances exceeding $100,000. For traders waiting over six months to access their funds, patience will continue to be required, as per a statement from TFT’s CEO, Angelo Ciaramello. He outlined the company’s strategy to address ongoing payout delays, which may stretch well into next year. Larger Accounts to Be Prioritized First In an update shared via TFT’s Discord channel, Ciaramello provided a clearer timeline for the firm’s next steps. The first…
The Foreign Exchange Professionals Association (FXPA) warns of risks associated with inconsistent regulation in the global FX derivatives market, calling for uniform oversight to ensure market fairness and protect integrity. FXPA Pushes for Regulatory Balance in FX Derivatives Market The FXPA has published a white paper urging global policymakers to address the growing disparity between regulated and unregulated foreign exchange (FX) derivatives trading platforms. The industry body argues that the current regulatory imbalance could jeopardize market integrity and diminish protections for customers. In its report, FXPA points out the increasing number of unregulated FX derivatives platforms that compete directly with…
Traders now have the opportunity to access capital from $5,000 to $100,000 while retaining 80% of their profits. Proprietary trading is on the rise as brokers such as OANDA, Axi, and Hantec Markets continue to expand into this space. New Prop Trading Program by Alexander Gerchik’s Gerchik & Co Alexander Gerchik, a seasoned Wall Street trader, has launched a new proprietary trading program through his brokerage firm, Gerchik & Co. This program enables traders to trade with company funds, offering up to $100,000 in capital, allowing participants to trade without putting their own money at risk. The program offers access…