Monex Investindo Futures Launches eFXplus Service to Premium Clients

One of the largest brokerages operating in Indonesia, Monex Investido Futures, has announced a partnership with eFXplus. The brokerage will incorporate the firm’s innovative news Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term service that combines research from a variety of financial institutions on the sell side of the institutional FX market.

Traders are supplied with ideas by professional investors and major investment banks and can take actions based on the information. The news highlights the growing importance of providing additional value to clients of online brokerages.

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With growing regulatory pressure, the educational component of a broker’s offering is likely to take center stage in Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term. Monex Investido is joining a likely trend, starting with its premium clients.

The services of eFXplus will be available via API to the high-net worth clients of the brokerage.

Commenting on the news, the broker’s CEO Jeffrey Ng said: “Monex understands eFXplus as an essential tool to help its premium clients to expand their analytical market views and trading opportunities.”

eFX Managing Director Mark Melhorn Ph.D. adds: “eFXplus provides the sophisticated FX trader with real-time FX data via its optimized recording and tracking tools and Monex’ HNW clients are now part of this circle.”