Why MaxxTrader?
A fully modular plug-n-play end-to-end white label trading system MaxxTrader empowers sell-side banking institutions and liquidity takers of all sizes to stay ahead of the game in the fast moving and competitive FX markets. MaxxTrader allows you seamlessly aggregate your bespoke liquidity, take control of how you trade, and deliver a white labelled pricing experience to clients, taking full advantage of a truly global technology solution.
• One Source one platform offering full liquidity sourcing, connectivity and aggregation management.
• Access global liquidity, aggregate pricing across a diverse pool of liquidity providers including banks, non-banks, ECNs, and exchanges.
• Direct to Market Access (DMA) to 100 single providers/ECN Liquidity
• Expansive ways to execute orders and baskets, with numerous trade automation possibilities.
• Execute against RFS/Q, Streams, Basket RFQ, SSP, Broker algos
• 25 MaxxTrader proprietary in-house Algos.
• Total transparency in your pursuit of best execution -Trade with who you want. Choose WHAT trading tools to use. Choose how you source liquidity with Liquidity HUB.
One Source one platform one “Engine” which can be accessed by Desktop, Web and Mobile app.
Key Features & Benefits
Smart Execution Logic
• Trade with LPs on dedicated connections – Banks, Non-banks, ECNs, Primary Markets
• Flexibility to source multiple execution streams – Full Amount, Insto feed, retail feed, Algo feed depending on the clients.
• Use MaxxTrader’s proprietary SOR logic to achieve best execution.
• Access to native MaxxTrader Algo suite and 3rd party FX broker Algo for clients to manage their execution work-flow.
• Ability to execute discreetly with listed FX Futures liquidity leveraging rich set of Algos and ready-made exchange connectivity.
Price Engine
Create pricing via multiple methods – VWAP (back-to-back cover), Full-Amount, Mid-Market, Offset, Trader Defined Weighted Average. Create and offer bespoke synthetic pairs. Take advantage of sophisticated and auto-hedging logic.
3rd Party Adaptors & GUIs
• Meeting customers wherever they trade via any 3rd party adaptor (360T, BBG, FXAII) using API.
• Our platform allows you to provide GUIs and mobile application supporting your business and your client’s trading on other venues.
Sales Dealer
• Trade on behalf of clients utilising pre-defined, on-the-fly and post trade mark-up facilities. Take Post trade actions such as amending trade details for client price, name, mark up.
• Allocate trades across client subsidiaries and portfolios.
• Full or partial early delivery/ drawdown, extension/ rollover of existing forward contracts.
White Labelling
Create a customizable user experience. White label the MaxxTrader trading interface to your clients and have it branded with packaged liquidity internally as well.
Risk Management
Manage risk efficiently from a centralized dashboard based on parameters such as size of the trade, time of day, currency, trader, depth of liquidity, NOP, profit, loss and net loss. Warehouse multiple portfolios depending on client and currency profiles. Enable pre-trade credit (NOP/DSL) checks to avoid any limit breach with client and LPs.
Credit Management
• Pre-trade Limit checks with counterparties on NOP, DSL, PFE, PSR basis.
• Checks can be performed at multiple hierarchy levels and across Multiple CCYs accounts.
OMS
Facilitate and streamline the demanding trading requirements.
TCA throughout the entire trading life cycle
Pre-trade, in-trade, post-trade and reporting to create daily, weekly, monthly reports and measure against various benchmarks during the trading lifecycle
Pre- and post-trade allocations
Flexible allocation options to help trading via various execution methods