Taurus Share taps Finalto 360 to build stocks platform

abdelaziz Fathi

Finalto, the financial trading division of Playtech, has inked a partnership with FX/CFDs broker Taurus Share to begin using the Finalto 360 Technology Stack.

Fianlto360 is an end-to-end broker solution available on SaaS subscription basis or a fully deployed basis, based on the customer’s preference. Per the agreement, Finalto’s proprietary technology will enable Taurus Share to efficiently onboard, retain and boost customers’ trading activity. It offers a CRM, connections to PSPs, marketing, compliance and reporting tools all connected to Finalto’s white labelled trading platform.

Per the joint press release, Finalto has created a fully serviced single stocks platform for Taurus which can be adapted to their individual needs. The broker will leverage the main components of the trading modules as a single stock equity platform. However, the technology is built with all instruments from all asset classes in mind and is completely customisable with a wide variety of add-ons, alongside a flexible dealer back office.

As part of the agreement, Finalto will also become the liquidity provider to Taurus. Through a single margin account and API, they can access 800 instruments across 7 asset classes, cross-margined and accessible through your choice of technology partner.

Finalto is a B2B multi-asset liquidity and clearing broker

Alex Mackinnon, CEO of Finalto Asia, says: “We are excited to be working with Kelvin Zhao of Taurus Share. The 360 Stack is great showcase of our innovation and prowess in developing exciting tech that can be built around business, powering the trade and more importantly for the brokers giving them the CRM, communication and back-office tools that helps them to grow and build a happy customer base.”

Taurus CEO Kelvin Zhao added: “Having had a great personal relationship with members of the Finalto team for many years I was excited to see what they can offer me. I was impressed with their ability to provide me an end-to-end solution that entirely meets our needs and therefore the needs of our clients.”

Previously known as TradeTech Group, Finalto is the financial division of Playtech PLC, a FTSE 250 listed company listed on the London Stock Exchange.

Finalto’s business comprises of eight regulated entities focusing on Finalto Liquidity (formerly CFH), Finalto Trading (formerly TradeTech Alpha), Markets.com, a provider of CFD and FX trading to retail investors, MarketsX, a dedicated B2C brand for high-net worth clients and Finalto 360 (formerly TradeTech360).

Read this next

Metaverse Gaming NFT

Dubai Museum taps Binance to jump onto NFT bandwagon

Dubai’s Museum of the Future, the $136 million UAE government-sponsored museum that opened a few weeks ago, is joining forces with Binance NFT to roll out a range of digital products on blockchain.

Digital Assets

Ripple and Lithuanian FINCI partner for XRP-based payments

Ripple is looking to expand its presence in Europe, forming a new partnership with Lithuanian electronic money institution FINCI.

Digital Assets

Crypto.com enables Shopify merchants to accept crypto payments

Crypto.com has integrated with Canadian e-commerce giant Shopify so global merchants can accept crypto payments and save on processing fees through cash-final settlements.

Institutional FX

FX volume drops 13pct at CLS Group in April 2022

FX settlement specialist CLS Group today reported that the executed volumes of currency trading on its platforms were notably down in April.

Crypto Insider, Opinion

Regulation: The Gold-Standard for Crypto-Assets

When the US supervisory authority SEC allowed an investment product referencing Bitcoin futures to be traded for the first time last October, this was widely perceived as a signal that cryptocurrencies had finally become established as an asset class.

Executive Moves

Solid hires FX industry veteran Darren Barker for multi-bank ECN’s business development

His curriculum vitae includes former roles at Cantor Fitzgerald, Sucden Financial, R.J. O’Brien, Jefferies, Natixis, Unicredit, J.P. Morgan, Raiffeisen, RBS International, UBS, Deutsche Bank, and Citi. 

Inside View

Mihails Safro, xpate CEO: Tips sellers need to know to overcome compliance obstacles

The unprecedented growth of e-commerce changed shopping dramatically last year. Many sellers suddenly faced a rapidly growing number of customers who had to stay home during the lockdown. When some clients adopted Netflix and Spotify as part of a daily routine, others ventured into online business. Robinhood alone saw a whopping 6 million rise in user numbers in 2 months. 

Institutional FX

BMLL delivers Level 3 data to Kepler Cheuvreux for order book analytics and algo performance

The solution covers more than 6.5 years of harmonised historical data from 65 venues and combines it with easy to use APIs and analytics libraries in a secure cloud environment. 

Digital Assets

Crypto Is An Invaluable Tool In The Fight Against Financial Oppression  

Crypto has proven itself to be much more than just a hot investment. Indeed, some say it’s poised to play a critical role in the future of finance

<