The digital brokerage GCEX has unveiled its new margin trading platform called XplorTrader, designed to cater to the demands of institutional and professional traders.
GCEX Launches Advanced Margin Trading Platform for Institutional Traders
The new XplorTrader platform offers high flexibility and control, providing enhanced charting functionalities, streamlined deposit and withdrawal processes, and improved monitoring and management of trading instruments and positions.
"The introduction of an enhanced and flexible margin-trading platform underscores GCEX's commitment to continuous investment in technology,” said Michael Aagaard, the Managing Director at GCEX. He added that the goal is to maintain GCEX's leadership in the market and enrich the trading experience of institutional and professional clients.
GCEX will incorporate XplorTrader into its white-label package, XplorBroker in a Box. This will allow brokers to customize the platform's visual and functional aspects to meet their specific user experience objectives.
This offering includes back office, risk management, credit utilization, analytics, reporting, account management, and a sophisticated liquidity price engine.
"The release of our proprietary margin trading platform has been driven by market demand for advanced yet customizable trading solutions,” Lars Holst, the Founder and CEO of GCEX, remarked. He emphasized that this development places GCEX at the forefront of trading technology.
GCEX’s Hiring Spree
GCEX Group is regulated by the UK's Financial Conduct Authority (FCA ), the Danish Financial Supervisory Authority, and has been granted a Virtual Asset Service Provider License by the Dubai Virtual Assets Regulatory Authority.
To strengthen its regulatory position, GCEX also hired a new Compliance Officer, Ignacio Corral, who served as a Senior Associate at the UK's FCA. Additionally, Helen Man has come on board as GCEX's Financial Controller.
In October 2023, GCEX made a significant move by appointing industry veteran Jason Nabi to spearhead its institutional and professional client acquisition efforts. Based in the UK, Nabi brings over three decades of experience from esteemed organizations, such as the International Securities Services Association, Euroclear, Societe Generale, and HSBC.
