MahiMarkets, an electronic trading technology provider, announced today (Wednesday) the launch of MFX Radar, a white-label product enabling brokers to access a fully functional options business.

A New Options Trading Platform

The brokers using MFX Radar can offer options trading with a range of asset classes, including forex, cryptocurrencies, gold, and indices. Further, the trading platform includes a comprehensive booking and life-cycling system that enables brokers to manage trades, orders, and portfolios.

Additionally, the options trading platform comes with necessary risk valuation features, allowing the visualization of trades and orders, portfolio positions, and other risk metrics.

“We are thrilled to be launching our new white label Options product, MFX Radar,” said David Cooney, the Co-Founder and Co-CEO of MahiMarkets. “We believe it will revolutionize the industry, providing brokers with a comprehensive platform to manage their Options business while delivering a simple and engaging experience for their clients.”

Another Trading Technology Provider?

MahiMarkets was established in 2010 and has offices in the United Kingdom and New Zealand. Previously, the company was known as MahiFX and had a presence in the retail space. However, it shuttered its retail trading offerings in 2019 and sold its retail FX trading businesses in the United Kingdom, Australia, and New Zealand. Now the focus of the company is entirely on business-to-business technology provision, with products like advanced pricing technology, data and analytics solutions, and risk management tools.

MahiMarkets, which operates in a demanding yet competitive trading technology space, is enhancing its offerings. The latest new options trading platform came almost two months after the company enhanced its contracts for difference (CFDs) pricing product in the order, enabling brokers to create a “measurable increase in B-book PnL.”

Last December, multi-asset broker Eurotrader partnered with MahiMarkets to utilize the trading technology provider’s cross-asset trading solutions for better risk management and pricing.