Source: financemagnates, 12/12/2024
Tools Brokers (TFB) has entered into a new technical partnership with UK-based Global Markets Group Limited (GMG) to integrate TFB’s Trade Processor system into GMG’s trading infrastructure.
Tools for Brokers collaborates with GMG Markets
Collaboration focuses on implementing reporting and risk management capabilities through solutions integrated into Trade Processor. GMG traders will have access to expanded liquidity options and optimal pricing through the system’s order aggregation features.
Christiana Vaciado, CEO of Global Markets Group Limited, said: “Our decision to partner with a trusted industry leader such as Tools for Brokers reflects our unwavering commitment to continuous improvement and innovation. This collaboration ensures that our clients have the most advanced solutions, ongoing support and resources they need to succeed in today’s dynamic and ever-evolving market landscape.”
Technology integration details
Trade Processor is a multi-platform liquidity bridge solution that connects brokers with multiple liquidity providers across different trading platforms including MT4, MT5, cTrader, DXtrade, and Match-Trader. It features a FIX API platform for seamless third-party integration.
The implementation focuses on TFB’s Trade Processor, which provides:
- Advanced order aggregation and execution
- Flexible configuration options
- Integrated risk management tools
- Data analysis and compliance reporting
Michael Levine, President of TFB UK, said, “GMG Markets’ liquidity, along with Trade Processor and Broker Business Intelligence technology, New risk and data management, will provide the most effective product to our mutual customers. We look forward to working closely together and strengthening our partnership further”.
The new collaboration aims to enhance GMG’s analytical capabilities while enhancing security measures for its retailer and professional clients. It also includes access to TFB’s complementary tools, including the TFB Toolbox interface and the PAMM money management solution.
Updated TFB Pamm Platform and Dubai Office
Over the past couple of months, TFB has updated its PAMM money management solution with features aimed at improving convenience and privacy for traders and investors. The latest version introduces a unified authentication system, allowing users to access the platform using either TFB PAMM or Meta Trader credentials, thus eliminating the need for multiple login details.
In addition, new visibility controls allow money managers to customize the data displayed to investors, such as hiding commissions, swap fees, and order codes while keeping profit information visible.
In a parallel development, TFB opened a representative office in Dubai as part of its expansion strategy in the MENA region.
The decision is in line with Dubai’s emergence as a global financial hub, offering strategic advantages such as prime location and advanced infrastructure. The move positions TFB to capitalize on the region’s growing demand for finch solutions. The new collaboration aims to enhance GMG’s analytical capabilities while enhancing security measures for its retail and professional clients. It also includes access to TFB’s complementary tools, including the TFB Toolbox interface and PAMM money management solution.
