Takeprofit Tech Integrates Its Liquidity Hub with Binance

Takeprofit Tech, a fintech software provider with offices in Cyprus and Russia, announced on Friday the official integration of its Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term Hub’s order management system to Binance, a major cryptocurrency exchange.

According to a press release shared with Finance Magnates, forex brokers and their clients could access Binance’s futures and spot trading via this integration. In addition, the deal will enable the forex brokers’ enrolled in the Liquidity Hub to act as market makers and trade directly on Binance, Takeprofit Tech commented.

“The surge of interest in cryptocurrency is accompanied by explosive growth in its value. Connecting to Binance through our hub gives brokers an opportunity to attract new clients and meet the demand of traders for trading on the world’s largest crypto exchange. It is important for us that our technological solutions bring value and competitive advantages to our customers,” Valerie Styazhkova, Product Manager at Takeprofit Hub, stated in the announcement.

Integration with Orbex

Recently, as Finance Magnates reported, the fintech software provider inked a partnership with forex broker Orbex Limited, offering Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term solutions. Orbex integrated the Takeprofit Max Position Exposure plugin on MetaTrader 4 trading platform, which will allow traders to set desired limits for open positions, ensuring that they do not exceed the acceptable limits.

Also, early this year, Takeprofit Tech partnered with an online financial broker, HyperForex. The firm delivered a product suite to HyperForex, including risk management and client acquisition solutions.

Moreover, the fintech software provider has developed Real Margin Stop-out, Dynamic Leverage and Flex Rebate multi-level agent commission solutions for HyperForex. Takeprofit Tech aims to facilitate the broker by boosting its offerings for different types of clients with the help of new features.

Takeprofit Tech was founded in 2013 and offers an array of technology solutions like Liquidity Hub, Liquidity Bridge, Virtual Dealer and EasyMAM. It operates from the offices in Saint Petersburg and Limassol.