Masari Casa de Bolsa Rolls Out their New FX White Label Platform Powered by Edgewater Markets Propriety Technology

FinanceFeeds Editorial Team

Edgewater Markets, a leading technology provider offering access to the FX markets globally, via best-of breed back to front end software solutions and superior execution services, has announced today that Masari Casa de Bolsa has rolled out their new FX white-label platform powered by Edgewater Markets’ ultra-low latency proprietary technology

Edgewater Markets, a leading technology provider offering access to the FX markets globally, via best-of breed back to front end software solutions and superior execution services, has announced today that Masari Casa de Bolsa has rolled out their new FX white-label platform powered by Edgewater Markets’ ultra-low latency proprietary technology.

Founded in 2009, Edgewater Markets has been a trusted provider of foreign exchange services to over 350 global institutional clients, providing complete software solutions for banks, asset managers, brokers, and other financial institutions to access global markets competitively and efficiently. Utilizing the latest in technological advancements coupled with a flexible architectural design, Edgewater Markets has adapted the proprietary technology to provide Masari Casa de Bolsa with customized solution to optimize trading and expand their distribution.

The platform functionalities include connectivity, aggregation, market making, distribution, order management, and a branded custom-built HTML5 user interface. In addition, this bespoke solution utilizes Edgewater’s automated Switch Bank workflow, providing direct credit access to difficult to reach counterparties, tailor-made specifically for Masari’s clients’ needs.

“I could not be happier with Edgewater Markets’ delivery of our new trading solution for our clients,” commented Abraham Mohana, Masari’s Chief Financial Officer. “They were able to optimize our proprietary workflows and trading strategies, providing optimal, efficient and low-cost FX electronic execution, enabling us to address our clients’ unique needs.”

Masari was founded in 1986, with over 34 years in the financial environment in Mexico operating Foreign Exchange, International Payments, Equity and Money Markets, Derivatives, among other products. Since its inception, Masari has developed a close relationship with its clients based on mutual knowledge and trust. This commitment comes from Masari’s principles, and their relentless search for the most innovative technological and financial instruments, delivering the highest professional standards in the marketplace. The deployment of Edgewater Markets’ white label solution is an extension of these founding principles. It is now one of the fastest-growing financial intermediaries in 2021.

“We are very pleased to continue to grow our long-standing relationship with Masari Casa de Bolsa and look forward to working with them, in providing their large and diverse client base the very best technology available to transact their business,” added Alex Scarsini, co-founder and President of Edgewater Markets.

Read this next

Uncategorized

US and South Korea seek extradition of Luna founder Do Kwon

Both US and South Korean officials are seeking to extradite Terraform Labs CEO Do Kwon, just hours after he was arrested in Montenegro.

Retail FX

Pepperstone UK doubles profit, client assets in 2022

The London-based entity of Australian FX broker Pepperstone has reported its financials for the fiscal year ending June 30, 2022. The group had outperformed the last year’s flat performance, having doubled revenues and boosted the broker’s bottom line and shareholders’ fortunes.

Institutional FX

CLS FX volume rises to just shy of $2 trillion in February

Foreign exchange settlement provider, CLS Group saw strong volumes in February 2023 as the banking crisis continues to weigh on a world economy that’s yet to fully recover from the Russia-Ukraine war’s shocks.

Digital Assets

Binance restores trading after 2-hour outage

Binance suffered a breakdown on its trading engine that lasted for about two hours, but the premier cryptocurrency exchange finally managed to restore normal operations at around 14:00 UTC.

Digital Assets

Tether earns $700 million in Q1, taking excess reserves to $1.6 billion

Tether chief technology officer Paolo Ardoino said the world’s largest stablecoin issuer expects to earn more than $700 million in the January-Mach quarter, which will be added to the reserve backing its stablecoin (USDT).

Digital Assets

Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures

Narwhal Finance received strong support from Animoca Ventures and angel investors in a $1 million seed funding round, reinforcing the company’s vision of providing an accessible platform to all.

Technology

SteelEye tries ChatGPT for market surveillance

This capability can be used as a starting point for initiating a surveillance investigation and to standardize workflow processes to boost the throughput and consistency of cases. It is also useful when analyzing communications in foreign languages, as the system returns the above insights in English regardless of the languages being used.

Industry News

SEC charges ex-Morgan Stanley advisor of NBA players after $13m fraud

Darryl Matthew Cohen was arrested this week and is facing three different federal counts of fraud, which could amount to 20 years in prison if convicted, besides the SEC complaint. 

Industry News

AWS FinTech Africa Accelerator launched, applications until April 27, 2023

Founders will be offered tech resources, expert guidance, and a global network of industry leaders, technologists, entrepreneurs, investors, associations, and partners, in order to build their fintech products. 

<