Options Technology partners with Trade The Pool to boost access to global FX and CFD markets

Rick Steves

“As a prop stock-trading firm, we are committed to providing our traders with the required tools and resources to enhance their trading experience and results as funded traders, and we believe that with a partner such as Options we have a great opportunity to achieve this”.

Options Technology has partnered with Trade The Pool to provide customers with tick data alongside Trade The Pools’ proprietary execution capabilities and Options’ pre-deployed technology stack that consumes, translates, and broadcasts normalized tick data to clients worldwide, providing comprehensive access to the global FX and CFD markets.

The announcement follows Options’ acquisition of ACTIV Financial and the subsequent integration of its normalized data services and (API).

Options now provide clients with global access to multi-asset class exchange feeds alongside underlying hardware for streaming real-time and delayed market data.

Danny Moore, President and CEO of Options Technology, said: “We are delighted to partner with Trade The Pool and bolster our global market data services with the most innovative trading solutions and expertise. Our partnership has already accelerated Options’ growing portfolio of market data services and reinforced our integrated cloud offering with the latest tools, capabilities and automation infrastructure. As we expand our services into new regions and territories, we look forward to working with Trade The Pool to build on this momentum and our shared vision for service excellence, industry-leading products and choice for our customers across the capital markets.”

Michael Katz, CEO of Trade The Pool, said: “We are excited to collaborate with Options which offers cutting-edge solutions. As a prop stock-trading firm, we are committed to providing our traders with the required tools and resources to enhance their trading experience and results as funded traders, and we believe that with a partner such as Options we have a great opportunity to achieve this”.

Trade The Pool leverages TraderEvolution for trading platform with 3000 CFDs on equities and ETFs

Trade The Pool has recently tapped TraderEvolution Global to develop and launch its proprietary trading platform, to allow stock day traders to generate profits from trading US equities and ETFs.

The professional trading platform, built by TraderEvolution, contains the best features available and an easy and user-friendly workspace. The product offering was developed in partnership with CBOE and consists of over 3000 CFDs on equities and ETFs from the US market available in each of 3 funding programs for applying traders.

Trade The Pool is a stock trading prop firm for day traders, and is backed by Five Percent Online Ltd., a company that operates The5ers.com, a well-known and highly reputed online prop firm established in 2016.

The prop firm provides funds for program participants so they can generate profits via for quick-paced trading. Among key tools are those for scalping, level-2 trading with information about order flow, market discovery tools as well as charts that support multiple styles and data aggregations.

TraderEvolution is a multi-market trading platform provider offering modular, tailored solutions that include a back-end with established connectivities to dozens of markets across the globe, and a complex front-end suite with web, mobile, and desktop applications.

Read this next

Inside View, Institutional FX

Time for brokers to add options trading as volumes explode on high volatility

“Usually, adding options to the typical CFDs and equities offering leads to fragmentation of the platform technology as many brokers will need additional back-end and front-end components, and that could be an important barrier for them. Apart from that, legal hassle and costs associated with proper licensing of market data could be a barrier at first. We are seeing this trend among market data vendors and exchanges to make it easier and more affordable.”

Metaverse Gaming NFT

GCEX’s DeFi education and prime brokerage offering available in DubaiVerse

“We are excited to be part of the developments of The Sandbox and to join other top players in the region, including our regulator, Dubai’s Virtual Asset Regulatory Authority (VARA), as part of the DubaiVerse. This is a great opportunity to bridge the gap between Web3 early adopters and GCEX clients, building a community around Web3 and digital assets.”

Digital Assets

Circle wants Fed to back USDC stablecoin after “very serious stress test” with collapse of SVB

The collapse of Silicon Valley Bank allegedly proves Circle’s point that there is a need for its USDC stablecoin to be backed by the U.S. Federal Reserve with its U.S. dollars held at the Fed.

Digital Assets

Google searches for Crypto.com and Gate.io exploded by 300% amid FTX collapse

“The findings emphasize the importance of staying on top of market trends and being able to pivot strategies quickly and also offer valuable insights into the current state of the market and the behavior of traders, providing investors with valuable information to make informed decisions about their investments.”

Institutional FX

iS Prime reports £35m turnover, £16.2 million pre-tax profits, £37 cash balances

“We have plans in place to evolve the business over the next year, driving further growth for both iS Prime and for our clients.”

Industry News

Clearwater taps BNP Paribas to combine investment accounting/reporting solutions with custody

“We invite asset owners to explore our powerful, game-changing solution that fully leverages our award-winning technology platform and BNP Paribas’ suite of custody activities. Together with BNP Paribas, we aim to extend this solution to our key core markets.”

Executive Moves

XS.com hires ex-iFX EXPO Andreea Ilies as Global Head of Events

“I believe in 2023, events, trade shows and seminars will be of significant importance in the finance sector as we push forward with a more social and personalized approach to doing business.”

Executive Moves

FlexTrade hires ex-Fidessa Rajiv Shah as Head of Sales EMEA for sell-side OEMS, FlexOMS

“It’s an exciting time to join FlexTrade. From a business perspective, the firm has a demonstrable track record in creating and growing long-standing customer relationships through first-class support and a client-first approach. Alongside this, the advanced capabilities of FlexOMS make it one of the most compelling offerings available within the OEMS space.”

Digital Assets

DWF Labs invests $20 Million in Synthetix, token trading volume triples

Global Web3 venture capital and market maker DWF Labs has pledged an investment of $20 million to spur development in the growing ecosystem of Synthetix, a derivatives liquidity protocol on Ethereum.

<