Eurotrader, a multi-asset brokerage, has partnered with MahiMarkets (previously known as MahiFX) to utilize its cross-asset trading solutions for better risk management and pricing.
According to the press release, MahiMarket’s technology enables trading partners to increase profits, boost business protection, lower costs and broaden overall trading efficiency. However, in a recently released statement, the companies did not reveal many details about the established cooperation.
“Both pricing and risk management are vital concepts for companies providing brokerage services and their clients. Our partnership with MahiMarkets is yet another firm step towards Eurotrader’s expansion goals. Further partnerships and license acquisitions will highlight Eurotrader’s perseverance for growth,” Dr Ozan Ozerk, the Founder of Eurotrader, commented.
Founded in 2018, Eurotrader is a regulated retail broker in the contracts for difference (CFDs) industry, holding licenses from Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA) and recently from the Financial Conduct Authority (FCA). The latter was obtained two weeks ago.
Eurotrader on a Hiring Spree
In 2022, Eurotrader is focusing on regulatory expansion and building its roster of industry professionals. Since August, the company has hired four new senior executives.
It all started with the addition of Marcelo Spina, a former ThinkMarkets exec, as the Group CEO. A few days later, Martin Couper joined the team as Head of Global Compliance. In October, the lineup was supplemented by Ben Swann from Axi, who took on the Chief Technology Officer (CTO) position. The latest addition to the Eurotrader team is Jack Beezer, the new Chief Product Officer (CPO). Additionally, Beezer moved to Ozerka’s company from Axi.
As for MahiMarkets, the company began its transit from retail forex (FX) last year. It rebranded from MahiFX to MahiMarkets to reflect the new nature of its activities, not limited to FX, but extended to other markets. In 2019, Mahi sold its retail trading business and focused on providing technology to market participants.
