MahiMarkets unveils white label options offering MFX Radar

abdelaziz Fathi

MahiMarkets, a financial technology provider, has unveiled MFX Radar, a white label Options product, expanding its range of e-trading technology solutions.


This new offering provides brokers with access to a functional Options business that can be customized to meet their specific requirements. With MFX Radar, brokers have the flexibility to personalize expiries and strikes based on their individual preferences.

The newly launched white label product also provides clients with the opportunity to offer options on popular assets such as FX, crypto, gold, and S&P500 in a user-friendly and engaging manner. The platform boasts a simplified interface that can be customized with the broker’s brand colors and logo, enhancing the branding experience.

One of the key features of MFX Radar is its booking and life-cycling system, which empowers brokers to manage trades, orders, and portfolios. The platform’s risk visualization feature consolidates crucial information, allowing brokers to monitor clients and hedging trades/orders. They also can track portfolio positions (including hedging, client, and net positions), and assess portfolio risk metrics, providing a centralized overview.

David Cooney, Co-Founder and Co-CEO of MahiMarkets, has over 30 years of experience in Options, having worked for financial institutions such as Chase, Credit Suisse, Dresdner and Barclays. He commented, “We are thrilled to be launching our new white label Options product, MFX Radar. We believe it will revolutionise the industry, providing brokers with a comprehensive platform to manage their Options business while delivering a simple and engaging experience for their clients.”

MFX Radar joins MahiMarkets’ diverse range of products, which encompasses advanced pricing technology, data and analytics solutions, and risk management tools.

Formerly MahiFX, MahiMarkets shut down its trading platform in 2019 as part of the company’s strategy to refocus as a business-to-business technology provider for banks, brokers and financial institutions. Shortly after, it sold its retail FX trading businesses in the United Kingdom, Australia and New Zealand, along with the licenses attached to them.

While FXDD was the buyer of MahiFX’s FCA-authorised brokerage, the Asian business was acquired by LGT Solutions Ltd.

Since then, MahiMarkets has established itself as a technology provider that has been crafting eFX solutions for banks and brokers since 2010. Further, its previously-centered offering around FX has expanded to include additional asset classes, such as commodities, CFDs, cryptocurrency, single stocks and options.

The group’s three main products entail MFX Compass, an institutional e-FX engine and MFX Vector, a buy-side order management system.

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