ETH, LTC, and BNB Price Analysis: Bulls Could Succeed in Breaching Above critical Support Levels

13分钟前
zycrypto

Connecting Real-World with Virtual Worlds via the Angelium Blockchain

21分钟前
cryptonewmedia

Ethereum ProgPOW author uninvited from ETC Summit due to Craig Wright association

31分钟前
cryptoslate

Economist Says Stellar Data Won’t Stop Recession – CCN.com

35分钟前
cryptonewmedia

Trump Buries Fed Chair Jerome Powell After ‘Gutless’ Policy Decision – CCN.com

37分钟前
cryptonewmedia

Australian police unearth crypto laundering syndicate

42分钟前
bitcoinwarrior

Binance.US opens account deposits in preparation for trading, adds BNB

43分钟前
cryptoslate

Bitcoin Cash Price Analysis: BCH/BTC Breaks Out From a Symmetrical Triangle, Targeting ₿0.033

1小时前
beincrypto

US FDA to Hold Meeting on Blockchain and AI in Food Traceability

1小时前
cointelegraph

Stellar Lumens (XLM) Grows 46% Following Atlcoin’s Surge

1小时前
cryptonewmedia

Report: North Korea in Early Stages of Building Own Cryptocurrency

1小时前
cointelegraph

U.S. Government Sues Snowden for Profits of Memoir, Speaking Engagements

1小时前
cryptonewmedia

VIBHS Financial Parts Ways with Sales Director Lee Holmes

1小时前
financemagnates

BitMEX CEO - “Get Ready for Bitcoin $20K”

1小时前
cryptodaily

Crypto Analyst: Brutal Wyckoff Distribution Expected As Bitcoin Cools...

1小时前
newsbtc

Ultimate List of Supported Coins for Hardware and Mobile…

1小时前
cryptonewmedia

Ethereum Technical Market Analysis 18th September 2019

2小时前
bitcoinnews

Hedera’s Performance Comes at the Expense of Decentralization,…

2小时前
cryptonewmedia

Reuters: Facebook Met British Authorities Prior to Libra’s Official Announcement

2小时前
cointelegraph

Bitcoin Cash Will Be Available on HTC’s Blockchain Phone

2小时前
cryptocurrencynews

The End of the Blockchain Scalability Problem? ILCoin Achieves 33,000+ Tx/s With 1.5 GB…

2小时前
cryptonewmedia

IOST partners with co-work space firm JustCo for blockchain app incubator

2小时前
cryptonewmedia

Muralist Boyart receives $12278 in Bitcoin payments

2小时前
bitcoinwarrior

Facebook Positions Libra as the Cryptocurrency of the Free World

2小时前
beincrypto

Crypto Market Update: Focus on BTC, ETH, XRP, LTC, BNB, and XLM

2小时前
cryptoglobe


Multi-Asset Will Be Industry Norm, Says Andrew Ralich

financemagnates

7天前前

Last month, I wrote a lengthy piece describing why I think most brokers are unlikely to adopt equities trading in the near future.

Higher data costs, technological problems and much smaller room for profit, I argued, all mean most brokers won’t bother trying to become the next Robinhood.

London Summit 2019 Launches the Latest Era in FX and Fintech – Join Now

But not everyone agreed with me.

And being the fair-minded group of hacks that we are here at Finance Magnates, we decided to hear what one of these people had to say.

“Today’s market is evolving to the point where everyone expects their technology to offer the ease of use of an iPhone – with access to multiple apps and functionality in one place,” said Andrew Ralich, the CEO and co-founder of liquidity management firm oneZero.

“Brokerage customers are no different – they will look to accomplish their investment and trading goals through a single solution. If they can’t get everything they want through your institution, they may look for another provider who can meet their needs more easily.”

Of course, Ralich has reason to believe in equities trading for brokers – his company can provide access to the service.

oneZero’s EcoSystem, a liquidity distribution network, now has more than 200 makers and takers on its books. Brokers using the platform can access anything from futures and commodities to currencies and equities.

oneZero wouldn’t be providing access to those asset classes unless the company’s executives believed they could provide added value to clients.

And, according to Ralich, equities trading is likely to become the norm for retail brokers in the near future.

Weathering the Storm: How CMS Prime has Stayed Ahead of the Game in 2019Go to article >>

“With traders become more sophisticated, it will increasingly become ‘table stakes’ to offer multiple asset classes so they can manage their portfolios and trading strategies,” said the oneZero CEO. “Even if users are not planning to trade in a specific asset class, they will be considering access to it as part of their assessment.

“The best way for brokers to meet this demand is to offer a holistic solution that handles a variety of financial instruments. Tier 1 retail brokers have been providing this access for some time, and have won business and market share as a result.”

One of the key problems that brokers face when attempting to adopt equities trading is finding the requisite technology.

Most retail brokers continue to use MetaTrader 4 and, to a lesser degree, MetaTrader 5.

It is possible to trade equities with those platforms but it’s not ideal. Put simply, they were not designed to provide direct access to the stock markets.

That being said, Ralich told Finance Magnates that improvements in third-party trading technology means firms can now much more easily provide access to equities and other asset classes.

“It’s true that most of today’s retail brokers initially set up their businesses before off-the-shelf technology was sophisticated enough to handle true multi-asset execution,” said Ralich.

“But with advancements like direct market access to exchanges and evolving agency models, modern platforms are capable of providing the same level of multi-asset flexibility that Tier 1 brokers have spent years refining.

“Brokers that use an advanced trading platform and partner with a back-end technology provider can, in today’s market, offer their clients an enterprise-grade multi-asset trading experience without developing proprietary software.”

Well, there you have it folks.

If you read my prior piece and were feeling all doom and gloom about adding stock trading to your platform, don’t feel too bad – oneZero is on hand to help.

若涉及版权问题,请联系:content@hashbee.com,我们将立刻撤下新闻内容

0个评论