CHRISTCHURCH, New Zealand and LONDON, September 25, 2015 /PRNewswire/ --
MahiFX, the foreign exchange technology provider for retail FX traders and the institutional sector, has been recognised in Global Finance magazine's Innovators of 2015 list for their institutional offering, MFX Compass.
MFX Compass is an innovative and disruptive product that allows smaller banks and brokers to compete in e-FX at the same level as large banks with minimal lead times. It provides a highly advanced pricing and risk management system, a sophisticated dashboard, and access to a powerful suite of analytics. Along with the product itself, clients receive full guidance and support via a partnership with MahiFX, who continually calibrate the engine and offer advice to help reduce costs and increase profits.
Another unique and attractive quality of MFX Compass is the profit sharing pricing model that reduces fixed costs, something which has previously been a barrier to small banks and brokers.
One of MFX Compass' first clients recently said of the product, "Having a team with people of the calibre of David Cooney to bounce ideas off has been invaluable to us and to the growth of our business. To succeed in e-FX you need to be able to rapidly turn around your observations/ideas to capitalise on the rapidly evolving landscape, else you get left behind. MFX Compass has enabled us to do exactly that and more."
The Innovators 2015 - Foreign Exchange list will cover a range of products and services available in the industry as part of Global Finance's Foreign Exchange Supplement, featuring in the magazine's November 2015 publication.
For more information please visit https://mahifx.com and http://mfxcompass.mahifx.com/
About MahiFX
MahiFX is a provider of institutional and retail products. Their institutional offering, MFX Compass, provides banks and businesses with highly comprehensive and technologically advanced e-FX technology systems, connectivity, infrastructure and support required to optimise their FX trading business.
From highly optimised price formation, risk analysis, analytics and quantitative expertise to advice on distribution and calibration, MFX Compass offers rapid access to a highly-competitive e-FX trading business while minimising development costs, framework complexity, and time to market.
MahiFX's retail platform enables clients to gain direct access to institutional level execution speeds and spreads through its proprietary-built, fully automated pricing and risk management technology. Prices are tradable - there are no 'from' prices, hidden costs, slippage, requotes or minimum trade sizes. The platform is available for desktop, web, MT4 and mobile trading.
MahiFX Ltd. global operations are headquartered in Christchurch, New Zealand with offices also in London, UK. The company is regulated by New Zealand's Financial Markets Authority and the Australian Securities and Investments Commission (ASIC) and the New Zealand Financial Markets Authority (FMA) . FCA approval and regulation is pending.
For media information please contact:
media@mahifx.com
T: +44(0)203-397-1825
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