Integral releases white label retail FX trading platform
22 May 2008 | 2547 views | 0
Source: Integral Development Corporation
Integral Development Corporation, the leading independent eFX trading technology provider, has launched FX Power Trader.
The private-branded platform is designed to meet bank and broker demand for advanced FX margin trading solutions tailored to their business model and the needs of individual investors.
FX Power Trader is a complete White Label retail margin trading solution that includes strategies, advanced order types, charting, and market news. Deployed in combination with Integral's FX Grid®, banks and brokers can aggregate direct market access liquidity and deliver custom price streams to suit their clients' needs.
FX Power Trader is delivered as a managed service including the margin trading application, online client demo system, White Label marketing support, and 24 X 7 service from the leading service provider in the industry.
The managed service delivery enables banks and brokers to go 'live' quickly and preserve capital without the need to invest in hardware, software or technical operations. Now, retail trading providers can focus on investing in building market recognition and customer service without drawing down internal capital.
"FX Power Trader is the result of a two-year program with our leading customers to deliver the market leading, broker independent, on-demand retail platform," said Harpal Sandhu, Integral's CEO.
"FX margin brokers represent our fastest growing client segment and we expect deployments to remain strong throughout 2008. In addition, with the anticipated regulatory changes in minimum capital requirements for these brokers, the ability to shift capital away from IT infrastructure and still provide the highest quality of service will be a competitive advantage for our partners," Sandhu added.
Jon Barker, Integral's VP of Global Sales, said: "Barclays Wealth was the first to market, on May 2nd, with a sophisticated and unique service leveraging FX Power Trader technology. We are now working with a variety of clients around the globe looking to build or enhance their retail business."
"In every case, these banks and brokeraand brokers recognize the substantial economic benefits of our direct access model, accompanied by the high level of client and risk management services, and advanced trading technology long associated with Integral," he added.