Fintech developer PFSOFT said on Wednesday it has integrated its multi-asset trading platform Protrader with APEX Connect, a technology solution from SEC regulated clearinghouse, APEX Clearing.
With the move, the developer allows brokers and investment firms using the Protrader platform to execute trades on stocks and exchange-trader funds (ETFs) on US exchanges. The platform features a customization functionality enabling automation of key processes such as corporate actions management or SOD EOD files management, which were required for certification.
“We are proud to be able to work with APEX Clearing. Now, our partners can benefit from Protrader’s extensive features and build new services on demanding US market,” said Roman Nalivayko, global head of business development at PFSOFT. “We expect this project to integrate financial markets further by connecting more international investors with the biggest stock market in the world,” he added.
The integration is the result of the request of a client who wanted to provide direct access to US market to international investors. Protrader had previously offered access to US markets via integration with Citibank, Neonet Securities and Bloomberg EMSX.
APEX Clearing offers numerous services and solutions related to execution (reconciliation, corporate actions, cash sweeping, etc.), algorithmic trading, routing, and many more.
Poland-based PFSOFT is a provider of professional trading technology and solutions to brokers, banks, and exchanges. It serves clients from across the world, including in North America, Australia, Asia, Great Britain, Poland, and South Africa.
In addition to the Protrader platfor, the company has also developed Protrader Multi-Connect (PTMC), a trading platform for forex and CFDs.