Retail traders get even closer to the institutional exchange experience as Rival Systems adds ICE futures to its platform

The ongoing increase in accessibility to Chicago’s finest institutional executing venues has taken a step further today as recently established trading software company Rival Systems has introduced the provision of ICE Futures US and ICE Futures Europe products on its Rival Trader platform, providing exchange-traded futures and options on the two prominent venues which are […]

Chicago

The ongoing increase in accessibility to Chicago’s finest institutional executing venues has taken a step further today as recently established trading software company Rival Systems has introduced the provision of ICE Futures US and ICE Futures Europe products on its Rival Trader platform, providing exchange-traded futures and options on the two prominent venues which are part of multi-asset electronic exchange technology provider and venue Intercontinental Exchange Inc (NYSE:ICE).

unnamed
Andrew Saks-McLeod takes a look at the world’s first MT4 integrated exchange traded binary options platform at FXIC, Shanghai, China

Over the past year, FinanceFeeds has conducted in depth investigations into the developments within North America’s venues and the companies that are partnering with them in order to bring exchange traded assets to within the realms of retail traders.

One particular example was the exclusive conversation between FinanceFeeds CEO Andrew Saks-McLeod and DriveWealth’s Head of Partnerships Mark Smedley at the FXIC Forex Industry Conference in Shanghai, China in December, during which Mr. Smedley explained how his company provides exchange traded US equities to a retail audience and hosts it on a retail platform to serve clients globally across any level of income, and every level of investing via partnerships with DirectFX and CQG. The full interview can be viewed here:

Additionally, at approximately the same time, Tim Brankin, Tim Brankin, Managing Director of TradeToolsFX explained to FinanceFeeds the full functionality behind the integrated exchange-traded binary options that can be traded directly from a retail MetaTrader 4 platform, which is a world first, and Phillip Capital CEO Teyu Che Chern explained at a private function in downtown Manhattan, New York during a meeting with Andrew Saks-McLeod that the Singaporean futures giant had forged partnerships with US exchanges in order to offer retail products to North American customers on an exchange-traded basis.

Indeed, the US is leading the drive toward exchange traded retail FX, equities and futures, and today’s development by Rival Systems further indicates this direction.

Robert D’Arco, CEO of Rival Systems today made a corporate statement on the launch of the new product

“We are pleased to offer connectivity to ICE futures markets. We completed development quickly to meet user demand, and clients can enjoy immediate access while taking advantage of the many features of Rival Trader. The addition of ICE Futures allows our users to incorporate important products into their strategies, from Russell indexes, to crude oil and natural gas, to soft commodities” – Robert D’Arco, CEO, Rival Systems.

“As we continue to grow in the U.S. and begin our expansion into Europe later this year, our goal is to provide professional traders with access to all of the exchanges, advanced features and expert support they need to compete in today’s markets.”

Capture
Phillip Capital CEO Teyu Che Chern explains exchange traded futures expansion for retail customers exclusively to FinanceFeeds in New York

“Options traders interested in ICE’s markets can leverage the advanced market-making and -taking features of Rival Trader to quote with confidence during volatile markets and automatically trade with orders in the book that have edge. Algorithmic traders can now leverage the speed of the Rival API and one-on-one support from a member of our development team to capitalize on their trading ideas. This is a great time for traders to upgrade their technology and take advantage of the volatility in equity and energy markets” concluded Mr. D’Arco.

Featured photograph: Downtown Chicago, home to the world’s most prominent exchanges.

Read this next

Fintech

Bitcoin payments app Strike launches in Europe

Bitcoin blockchain-based payments app Strike launched in Europe on Wednesday, allowing users in the region to buy, sell, and withdraw bitcoin (BTC).

Chainwire

Bandit Network’s Points SDK and Brave Ads Power Astar zkEVM’s Quest Platform “Yoki Origins”

“Yoki Origins,” supported by Bandit Network and Brave Ads, introduces a gamified and rewarding experience for Astar zkEVM users, marking a significant milestone in Web3 adoption.

Digital Assets

Crypto ETFs to debut in Hong Kong next week

Hong Kong has authorized six cryptocurrency-based spot ETFs set to launch on April 30, according to Bloomberg.

blockdag

BlockDAG Among The Best New Crypto To Invest In Post 8 Billion Coins Sales; More On Bitcoin Cash Futures’ Launch & Solana Positive Predictions

Explore Solana’s ATH predictions to see whether it can rise after a $17B dip? BlockDAG sells 8 billion coins in presale as Bitcoin Cash Futures launch.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary:USD, FED, German IFO ,Gold April 24 ,2024

Mixed US economic data and Fed rate hike uncertainty are causing volatility in the EUR/USD pair, while the Eurozone and gold prices add another layer of complexity.

Market News, Tech and Fundamental, Technical Analysis

EURCHF Technical Analysis Report 24 April, 2024

EURCHF currency pair can be expected to rise further toward the next major resistance level 0.9840, which stopped the pervious waves C and B, as can be seen below.

Digital Assets

Binance’s CZ could stay in prison until 2027, wife begs for mercy

Changpeng “CZ” Zhao, the founder and former CEO of Binance, has apologized for his decisions and accepted “full responsibility” in a letter to U.S. District Judge Richard A. Jones.

Digital Assets

Monex Group expands crypto business with 3iQ takeover

Monex Group has completed the acquisition of a majority stake in 3iQ Digital Holdings, Inc., a Canadian digital asset investment fund manager, as part of its strategy to expand its crypto business.

Education, Fintech, Inside View

How to Get Into Fintech: Best Tips to Succeed

The Fintech sector is experiencing significant growth, with fresh opportunities emerging rapidly.  Innovations such as machine learning and cryptocurrency are revolutionising finance, leading to a need for trained experts.

<