Industry updates: Gain Capital, Penson, PFSoft and InterTrader

Thursday, 07/04/2011 | 08:11 GMT by Michael Greenberg
Industry updates: Gain Capital, Penson, PFSoft and InterTrader

GAIN Capital Opens Singapore Office as Part of Asian Expansion Effort for GAIN GTX, its Institutional ECN

GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, today announced that it has opened an office in Singapore to expand business development efforts in Asia for GAIN GTX, the company's institutional electronic communications network (ECN). The GAIN GTX ECN is designed for institutional traders such as banks, hedge funds, asset managers, CTA's and high frequency trading companies. GAIN GTX provides a fully anonymous trading environment with advanced algorithmic trading capabilities, sophisticated order management and routing tools and access to foreign exchange Liquidity through an extensive network of prime broker relationships. Aside from the ECN, GAIN GTX also offers an aggregation service of either disclosed or anonymous liquidity via its customizable prioritization features within the software.

"Since launching in March 2010, GAIN GTX has attracted a diverse client base due to its superior technology, peer-to-peer trading capabilities, and the deep liquidity of our prime brokerage partners," commented Vincent Sangiovanni, chief operating officer of GAIN GTX. "With the second largest hedge fund industry in Asia, we believe there's a great opportunity for GAIN GTX in Singapore, and we intend to use the office as a regional hub for our business."

Read more here.

Penson Canada and Fidessa team on FX trading

Penson Financial Services Canada Inc. (PFSC), a member of the Penson Worldwide, Inc. (NASDAQ: PNSN) group of companies and a leading independent Canadian carrying broker, announced it has entered into an agreement with Fidessa Canada corporation (Fidessa), part of Fidessa group plc (LSE: FDSA) a leading provider of high-performance trading, market data and global connectivity solutions for the buy-side and sell-side. Fidessa will integrate PFSC's Foreign Exchange (FX) services into its Canadian Trading Platform to give clients access to PFSC's real-time FX pricing and trading capabilities.

"Access to real-time FX trading and execution services is key to maintaining a robust multi-asset class strategy," said Martin Hakker, Managing Director, Fidessa. "Penson's FX trading system provides traders with desktop access to competitive tradable prices, real-time streaming and reporting tools. By integrating Penson's real-time FX quotes and execution capabilities into our Canadian trading platform, which we continue to innovate, we would offer new asset classes and trading tools to our clients and to the wider marketplace."

Read more here.

PFSoft comes on new level of user support by launching its knowledgebase

We are pleased to announce the launch of a knowledge base, which contains detailed description of ProTrader trading terminal functionality. This feature makes work with our software much easier as our clients get opportunity to unlock the full potential of our trading platform for their traders. Built on the principles of relevance, complementarity and uniqueness, the knowledge base is designed to help users to find answers easily for the most complex issues. Special attention will be paid to the most popular of them.

Deeply integrated into a company’s software, ProTrader knowledgebase will enhance the effectiveness of trading strategies, encouraging traders to use the entire functional of platform. In addition to emphasis on experienced traders, we are focused on facilitating the work of new traders with the trading platform. Clear and precise answers, well thought out structure of sections and descriptive video tutorials are created to help new traders get started quickly, making all range of program functionality more understandable. Knowledge base complements the technical support, creating a complex of non-primary, but very important services of PFSoft company. This is another step to make trading easier and more convenient using ProTrader trading platform. Such cooperation with users allows to expand our knowledgebase more rapidly and effectively.

InterTrader launch first iPad Spreadbetting app

InterTrader.com has launched the first ever financial spread betting app for the iPad, along with an app for the iPhone, both of which enable traders to keep on top of market movements, news and events on the move. The unique feature rich app for the iPad can be downloaded directly from the App Store - https://itunes.apple.com/gb/app/intertrader/id416981265. InterTrader’s purpose-built app for the iPad exploits the larger screen offered by the iPad. It enables users to switch easily between both landscape and portrait views and supports high resolution graphics, fast and easy to use navigation and one-click trading functionality.

Shai Heffetz, Head of Financial Spread Betting and CFD at InterTrader, commented: “We work from the premise that ‘time is money’ and our app® for the iPad makes it easier and quicker for InterTrader customers to react to breaking news and events when on the move. This is from InterTrader following the recent launch of TradeBack™, a cash back loyalty programme for spread betting. With low margin rates, tight spreads and Tradeback™ our customers can now use the apps for both the iPad and iPhones to make the most of their capital in the global markets.”

GAIN Capital Opens Singapore Office as Part of Asian Expansion Effort for GAIN GTX, its Institutional ECN

GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, today announced that it has opened an office in Singapore to expand business development efforts in Asia for GAIN GTX, the company's institutional electronic communications network (ECN). The GAIN GTX ECN is designed for institutional traders such as banks, hedge funds, asset managers, CTA's and high frequency trading companies. GAIN GTX provides a fully anonymous trading environment with advanced algorithmic trading capabilities, sophisticated order management and routing tools and access to foreign exchange Liquidity through an extensive network of prime broker relationships. Aside from the ECN, GAIN GTX also offers an aggregation service of either disclosed or anonymous liquidity via its customizable prioritization features within the software.

"Since launching in March 2010, GAIN GTX has attracted a diverse client base due to its superior technology, peer-to-peer trading capabilities, and the deep liquidity of our prime brokerage partners," commented Vincent Sangiovanni, chief operating officer of GAIN GTX. "With the second largest hedge fund industry in Asia, we believe there's a great opportunity for GAIN GTX in Singapore, and we intend to use the office as a regional hub for our business."

Read more here.

Penson Canada and Fidessa team on FX trading

Penson Financial Services Canada Inc. (PFSC), a member of the Penson Worldwide, Inc. (NASDAQ: PNSN) group of companies and a leading independent Canadian carrying broker, announced it has entered into an agreement with Fidessa Canada corporation (Fidessa), part of Fidessa group plc (LSE: FDSA) a leading provider of high-performance trading, market data and global connectivity solutions for the buy-side and sell-side. Fidessa will integrate PFSC's Foreign Exchange (FX) services into its Canadian Trading Platform to give clients access to PFSC's real-time FX pricing and trading capabilities.

"Access to real-time FX trading and execution services is key to maintaining a robust multi-asset class strategy," said Martin Hakker, Managing Director, Fidessa. "Penson's FX trading system provides traders with desktop access to competitive tradable prices, real-time streaming and reporting tools. By integrating Penson's real-time FX quotes and execution capabilities into our Canadian trading platform, which we continue to innovate, we would offer new asset classes and trading tools to our clients and to the wider marketplace."

Read more here.

PFSoft comes on new level of user support by launching its knowledgebase

We are pleased to announce the launch of a knowledge base, which contains detailed description of ProTrader trading terminal functionality. This feature makes work with our software much easier as our clients get opportunity to unlock the full potential of our trading platform for their traders. Built on the principles of relevance, complementarity and uniqueness, the knowledge base is designed to help users to find answers easily for the most complex issues. Special attention will be paid to the most popular of them.

Deeply integrated into a company’s software, ProTrader knowledgebase will enhance the effectiveness of trading strategies, encouraging traders to use the entire functional of platform. In addition to emphasis on experienced traders, we are focused on facilitating the work of new traders with the trading platform. Clear and precise answers, well thought out structure of sections and descriptive video tutorials are created to help new traders get started quickly, making all range of program functionality more understandable. Knowledge base complements the technical support, creating a complex of non-primary, but very important services of PFSoft company. This is another step to make trading easier and more convenient using ProTrader trading platform. Such cooperation with users allows to expand our knowledgebase more rapidly and effectively.

InterTrader launch first iPad Spreadbetting app

InterTrader.com has launched the first ever financial spread betting app for the iPad, along with an app for the iPhone, both of which enable traders to keep on top of market movements, news and events on the move. The unique feature rich app for the iPad can be downloaded directly from the App Store - https://itunes.apple.com/gb/app/intertrader/id416981265. InterTrader’s purpose-built app for the iPad exploits the larger screen offered by the iPad. It enables users to switch easily between both landscape and portrait views and supports high resolution graphics, fast and easy to use navigation and one-click trading functionality.

Shai Heffetz, Head of Financial Spread Betting and CFD at InterTrader, commented: “We work from the premise that ‘time is money’ and our app® for the iPad makes it easier and quicker for InterTrader customers to react to breaking news and events when on the move. This is from InterTrader following the recent launch of TradeBack™, a cash back loyalty programme for spread betting. With low margin rates, tight spreads and Tradeback™ our customers can now use the apps for both the iPad and iPhones to make the most of their capital in the global markets.”

About the Author: Michael Greenberg
Michael Greenberg
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About the Author: Michael Greenberg
  • 1439 Articles
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