Brokeree Solutions, a turnkey technology provider for multi-asset brokers, has announced the integration of its Exposure Manager solution into the TraderEvolution multi-asset and multi-market trading platform.
Brokeree integrates Exposure Manager into TraderEvolution Platform
The technology involved in the integration from the Brokeree Solutions side is Exposure Manager – a post-execution hedging solution for automated risk management. Through this integration, the Exposure Manager, previously exclusive to MetaTrader brokerages, now evolves into a multi-platform solution. As a result, all brokers who provide their services via the TradeEvolution platform gain access to robust risk mitigation technology at their disposal, empowering them to manage risks effectively.
“Risk management remains paramount as we continue to navigate the complexities of today’s financial markets. With TraderEvolution integration, more multi-asset brokerages have access to the turnkey technology of post-execution hedging. Brokeree Exposure Manager offers robust risk control functionality that allows brokers to effectively manage their risk exposure,” commented Andrey Kamyshanov, Co-founder and Managing Partner at Brokeree Solutions.
Andrew Saks, Chief Product Officer at TraderEvolution Global, commented: “It is clear that the electronic trading industry is opening up rapidly to other asset classes but also to advanced trading platforms and more complex brokerage systems. Risk management is extremely important for brokers and could be a source of a significant competitive advantage; hence we want to give them top-notch tools from specialized counterparties such as Brokeree. The integration of Exposure Manager represents a further advancement in financial market participants’ ability to operate more efficiently and diligently with sophisticated risk management tools at hand.”
Hedged positions are based on the aggregated clients’ exposure per symbol across multiple accounts. With the Exposure Manager, brokers can consolidate suspicious accounts from multiple trading servers, including MT4, MT5, and TraderEvolution, into internal groups to send clients’ positions directly to a liquidity provider via FIX integration and apply different risk management strategies. Moreover, brokers may send pending orders instead of direct hedging to enter the market at a more favourable price.
“Brokeree’s Exposure Manager protects brands operating via a hybrid execution from overexposure. Whenever a client holds a large position on a single trading instrument on a broker’s “books,” their performance relies on the symbol’s volatility. In such cases, a brand might not react on time, especially when we consider order-based execution engines, which usually don’t monitor trades after sending them to the liquidity provider. This is where post-execution hedging comes into play to automatically mitigate risks of overexposure by sending them to the counterparty,” commented Anton Sokolov, Marketing Manager at Brokeree Solutions.
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About Brokeree Solutions
Brokeree Solutions, established in 2013 in Tallinn, Estonia, is a leading technology provider for brokers renowned for their flagship Social Trading and PAMM investment systems. With a decade of experience, Brokeree Solutions offers a comprehensive range of innovative products and services that empower brokers and financial institutions to enhance their trading operations and deliver superior client experiences.
About TraderEvolution Global
TraderEvolution is a multi-market trading platform provider offering modular, tailored solutions that include a comprehensive back office solution with established connectivities to a complete range of markets across the globe, and a complex front-end suite with web, mobile, and desktop applications. The company serves banks and brokers from around the world, empowering them with an independent and liquidity-neutral solution to facilitate core brokerage operations or complement their existing solutions.
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The opinions in this article are personal to the writer and do not reflect those of LeapRate.