Do not invest more money than you can afford to lose.
Offshore fintech Tradency said on Tuesday it has partnered with Asian trading solutions provider m-Finance to offer RoboX and Mirror Trader, its automated mirror trading platforms, to the Asian company’s clients.With the move, Tradency intends to position itself on the Chinese and Hong Kong forex and bullion market.
“m-Finance’s and Tradency intend to leverage RoboX and Mirror Trader advantages as a gateway to expand Chinese brokers standard business offering,” the statement read.
m-Finance works with brokers and financial institutions in China and Hong Kong. Existing clients of its brokers can access Tradency’s platforms using their existing login details.
“The cooperation of m-FINANCE and Tradency represents an important milestone to a long term partnership. We are seeing increasing demand of automated decision support tools from traders,” said Stephen Lam, managing director of m-Finance. “With our mission to focus on providing the highest quality brokerage solution for our clients, we envisage an integrated offer of Tradency’s products and services with m-FINANCE trading platform solution will open up an unique competitive edge to the Chinese brokers, strengthening their position on customer acquisition and retention,” he added.
According to Tradency’s statement, the new cooperation has attracted the interest of many major top tier brokers in Asia that have already lined-up to roollout the new service soon.
“We take great pride in m-FINANCE’s decision to cooperate with us. It proves once again, as we have seen during the last decade that leading technology enablers are integrating with Tradency to offer traders advanced automated solutions that are unique, robust and have added trading value,” Tradency CEO Lior Nabat said. “We are pleased that many Asian brokers are looking at our RoboX and Mirror Trader services as their system trading solution of choice,” he added.
Tradency, registered in the British Virgin Islands, offers business-to-business (B2B) software solutions for algorithmic trading to financial institutions. In addition to RoboX, which was launched in March this year, and Mirror Trader, the company has also developed MarketHawk, a platform for sending real-time trading ideas.
