TradAir has announced that GKFX, a broker regulated by the UK’s Financial Conduct Authority (FCA), has gone live with its margin/credit FX-CFD platform.
According to TradAir, the platform was developed in response to demand from institutional brokers for a margin and credit solution in one platform that provides effective pre-trade control over client access to liquidity.
The platform supports bespoke liquidity provision, granular per instrument leverage, and fully automated risk management decision making for periods of extreme market volatility or event risk, such as seen over SNB move and more recently with Brexit, the company says.
“GKFX are live with GKPro Trader, our customised implementation of TradAir’s new margin/credit platform, for institutional clients trading leveraged FX and CFDs. We selected TradAir as our technology partner, as their margin platform provided the performance, execution quality, effective risk management and superior customer service we needed to grow our business. TradAir enables us to provide clients with an outstanding trading experience and bespoke FX/CFD liquidity, whilst maintaining effective managed risk control,” says Dan Lawrence, director of institutional sales at GKFX.
Illit Geller, TradAir CEO, adds: “We are delighted to work with the GKFX team, who are professionals and market experts. TradAir’s credit margin solution addresses the challenges of an evolving market, where credit has become scarce and expensive, and brokers require robust pre-trade control of customer access to liquidity. The futureproof margin FX/CFD platform provides the reliability, performance and superior execution quality demanded by brokers and their customers.”