MahiMarkets to give brokers full autonomy when creating CFD pricing

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.

MahiMarkets, a technology provider company providing electronic trading services, has boosted its contracts for difference (CFD) pricing products. The move aims to give brokerage platforms “full autonomy” when creating their CFD pricing.

MahiMarkets enhanced CFD pricing product

The statement that MahiMarkets issued on the matter said that brokerage companies still depend on one single liquidity provider to provide pricing on the trading instruments.

The trading technology provider has also said that the move created “a single point of failure.” The trading technology provider has also said that the move increased the chances of poor pricing during “illiquid hours.”

The statement issued by MahiMarkets also said that the company’s specialist CFD pricing techniques would allow its clients to create a significant and measurable increase in the B-book PnL.

The other benefit of this new integration is boosting the company’s latest product enhancement. The product offered multiple benefits like liquidity reduction and sophisticated skew drivers to offer the highest yields.

According to the company, the other benefit of this new integration was the delivery of tight spreads with zero slippage. MahiMarkets further said that it was also possible to create tighter spreads than the ones offered by the liquidity provider.

MahiMarkets seeks to boost liquidity provision

The Chief Product Officer at MahiMarkets, Andrew Morgan, commented on this development explaining that dependence on a single liquidity provider could greatly affect the operations of a brokerage company. Disruptions could be caused if the liquidity provider suffers an outrage or a pricing issue.

The executive said, “Our predictive pricing enables our clients to produce tailored pricing models for different types of liquidity, spread control, market volatility response, and arbitrage protection, instead of delegating all of that to a single external LP.”

MahiMarkets has been making several changes to its offerings to achieve growth and remain competitive. In December last year, Eurotrader unveiled a partnership deal with MahiMarkets to use the cross-asset trading solutions the trading technology provider used to manage risks better and for improved pricing.

Dr. Ozan Ozerk, the founder of Eurotrader, commented on this development, saying that the move was another major step taken by the company to support the expansion goals of Eurotrader. Therefore, the recent move to focus on better liquidity provision would benefit the brokerage firms that rely on these services.

MahiMarkets is currently focused on its technology provision services. The company shut down its services in 2019 and transitioned to a business-to-business technology provision service. It is currently enhancing these services.

MahiMarkets sold its retail FX trading operations in Australia, New Zealand, and the United Kingdom. The company later rebranded its operations to MahiMarkets from MahiFX to reflect the new business identity of the company. The company has expanded its operations significantly to match its business needs and new demands.

About Ali Raza PRO INVESTOR

Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Invezz.com, Business2Community, BeinCrypto, and more.