Your Bourse goes live with floating leverage and commissions
Technology vendor Your Bourse has introduced two new features to its execution engine and risk management platform, namely the floating leverage and floating commissions.
Your Bourse explains that the floating leverage is a mechanism that brokers can use to adapt the amount of margin offered to their clients based on specific trade conditions.
The risk management tool aims to minimize risks deriving from high volume trading since the dynamic leverage is based on varying factors. An essential component of the plugin allows brokers to preconfigure the leverage ratio before market close/open and around the news releases that are likely to increase volatility and price spikes.
Meanwhile, the floating commissions feature is accessible on the MT4 bridge and gives brokers the ability to adjust their commission rates on a trade-by-trade or client-by-client basis in real time. With growing market complexity, the need to configure commissions has become prominent at both retail and institutional brokers, depending on their business model.
Andrey Vedikhin, CEO of Your Bourse, commented: “We are always looking for ways to improve our platform and offer our clients the tools to grow their business and improve the trading experience for their clients. The introduction of floating leverage and floating commissions provides both.”
Your Bourse’s technology provides low-latency connectivity to multi-asset liquidity for an unlimited number of trading instruments. This enables both retail brokerage and institutional houses to operate more efficiently, transparently and judiciously. In an already saturated market, Your Bourse’s B2B approach is a huge deciding factor for new and existing brokers in adopting their technology.
Your Bourse has been actively expanding the liquidity options available through its Liquidity Hub. Its network counts a number of prominent liquidity providers such as CFH Clearing and FXCM Pro and Scope Markets, to name a few.
In 2022, the technology vendor opened a new office in Limassol, Cyprus. The island country is already a major global hub for the company’s client base, forex and brokerage companies, and thus is well-positioned as a business gateway to access Asia, Europe, the Middle East and Africa. This allows the London-based company to get closer and offer better services to their partners, customers and prospects across these regions.