Markets Direct to Introduce Access Technology Platform in Dubai
Leading technology solutions provider Markets Direct will showcase its premier tech platform, Access Gateway at iFX EXPO Dubai
This ground-breaking tech brings together exchange-traded and OTC markets from across the world onto a single cross-margined account. Built-in partnership with industry leaders, Access Gateway is an intelligent hub that helps brokers offer multi-asset trading from a single account.
Markets Direct’ powerful platform creates a bridge to connect brokers and their clients with numerous asset classes and market data to enable price discovery, trade execution, settlement, and the clearing of trades. Through this asset bridge, brokers can offer Exchange mandated “best execution” via asset relevant liquidity providers, including US equities clearing brokerage firms that have direct access to Exchanges and market makers. It also provides connectivity to global banks,
Futures Commission Merchants (FCMs), and Prime of Primes to facilitate futures and forex trading.
A One-Stop Trading Solution
With Access Gateway, brokers gain access to account structures based on US equities, which also facilitates leverage in forex and futures trading. Compatible across multiple devices, brokers get to offer their clients highly convenient trading, on the go, in multiple assets, including more than 3,300 US-listed stocks, forex, commodities, ETFs, and futures. Leveraged forex and futures trading are made convenient a single wallet and cross-margin technology.
Brokers also gain the advantage of keeping their client on-platform, rather than traders needing to look for different platforms or brokers to trade different assets. This also helps consolidate deposits with the broker. Adding to the convenience of clients, only a single KYC and AML verification is required, which keeps acquisition costs low and increases profitability from brokerage firms.
One of the biggest draws for clients is the ultra-low-cost trading in US stocks enabled by Access Gateway. The cross-margining technology helps brokers offer clients up to 50% cross margin on the value of their equities portfolio to trade other assets. This allows clients to keep their capital in a single account, rather than thinning it out over multiple accounts while qualifying more easily for margin.
Additionally, brokers can provide their clients with the right tools for informed trading as Access Gateway is built upon the renowned CQG Integrated Client platform, offering extensive market data feeds, advanced tools for technical analysis, charting, and order management.
Powering Brokers Via Innovative Technology
One of the key hurdles for retail traders has been the huge cost involved in trading individual stocks. Capital limitations prevent them from gaining exposure to some of the largest and most sought-after US equities. Markets Direct solves this problem by allowing brokers to offer a vast list of fractionalized US equities and ETFs to their clients.
With fractionalized shares, clients can buy and sell shares based on a notional dollar amount. For instance, they get to trade 0.75 shares of Amazon or $100 worth of Apple to show both fractional and notional capability. By offering fractional shares, brokers gain an edge over the competition because they make it easier for clients to participate in trending stock market instruments.
Given the ever-changing regulatory environment, brokers must constantly deal with regulatory and compliance changes. US equities are a stable and compliant asset class that is unlikely to fall out of favour with regulators, unlike cryptocurrencies and CFDs.
In addition, the platform secures deposits as equity securities, so that the Markets Direct cross-margining system can use these deposits to facilitate trading in other leveraged asset classes. In addition, all account balances are supported, while a competitive pricing structure allows brokers to offer very low-cost trading.
Access Gateway is a powerful way for brokers to attract and retain traders, growing their client base and revenue. Markets Direct supports brokers with its white-label platform so that brokerage firms can offer a complete brand experience to their clients.
Markets Direct is one of the main sponsors of iFX EXPO 2021, to be held at the Grand Hyatt Hotel in Dubai on May 19-20, 2021. The company will exhibit its premier technology at Booth No. 76-77. The Markets Direct team will be present at the booth on both days to help brokers get hands-on experience of how this innovative technology solution can help them grow their business. Talk to the team now or email us at [email protected].