CFH Clearing, one of the leading liquidity and prime clearing providers has announced it will start offering its clients the MFX Compass – an institutional information and risk management product.
MFX Compass is a product that provides market makers and brokers with all of the tools required to set up and run a forex trading brokerage, including highly detailed analytics, price formation tools, algorithmic hedging/auto-hedging abilities, risk management, technology systems, connectivity, and infrastructure.
The product will be available to CFH Clearing’s clients from April.
“We are pleased to announce our collaboration with MahiFX. We were particularly impressed with MFX Compass’ enhanced risk and analytics solutions that is complementary with CFH’s ClearVision Risk Management suite,” said Lars Holst, CEO of CFH Clearing. “Our relationship with MahiFX will help further reinforce our market leading position as we continue to grow our institutional client base.”
CFH Clearing was established in 2008 and has become one of the largest providers of Tier 1 liquidity in the world. It works only with financial institutions and professional brokers and according to its own March 2016 estimates, it has extended US$1.5 billion in interbank credit lines. It offers multi-asset execution, Prime Brokerage services and trading technology.
MahiFX was founded in 2010 and is a provider of online forex trading technology. Besides the MFX Compass, it also offers the MFX Vector trading costs analytics tools and the MFX Trade platform for online forex trading. MahiFX also operates as a market maker, regulated by the by the Australian Securities and Investment Commission and the New Zealand Financial Markets Authority. It offers more than 100 instruments, leverage of up to 1:100 and requires no minimum deposit.