August 21st, 2018, The Financial Commission, a leading independent member-driven external dispute resolution (EDR) organization for international online brokerages that participate in global foreign exchange (forex), derivatives, and CFD markets, today announces highlights of the Broker Pilot dealing risk management solution that is now available to broker members as part of the recently launched “Value-Added” services.
What is Broker Pilot?
Broker Pilot, a certified fintech provider of the Financial Commission, provides a fully integrated dealing risk management system for brokers to manage all their trading needs and boost their performance. The system in real time calculates the current state of accounts on all trading servers of the Company. Aggregates the data into a big picture of the dealing desk. It controls the flow of quotes and the execution of orders. Intelligent algorithms perform trade analysis, managing risks according to specified rules. In complex cases, management can be handed over to company’s dealers for final decision making.
Benefits to Brokers
The biggest benefit of the Broker Pilot system is simply the ability to manage a full trading desk when resources and manpower are limited. By using Broker Pilot brokers can optimize their dealing desk processes and reduce decision-making time from minutes to seconds. Real-time risk management tools, including the “RADAR-system” allows your trade desk to identify different categories of traders at the earliest stages, often times leading to reduced overhead trading costs.
As part of the newly launched “Value-Added” Services, Financial Commission Category A broker members can now get access to the Broker Pilot virtual dealer suite for 50% off the regular price*. To get more information on the service or to sign-up, please reach out to us at [email protected].
*The Broker Pilot service is provided at a discount of 50% from the regular price for the first year and is subject to the member being in good standing with the Commission per the Commission’s Rules and Guidelines. After the first year of service, Financial Commission members will be able to take advantage of special pricing offered by Broker Pilot to continue to use the service. The discounted rate will be canceled for brokers who cease membership with the Financial Commission.