The leading FX and CFD products provider, IKON, has notified the public of their recent product release. Namely, a new version of its prodigy platform, as many firms are now laying emphasis on developing proprietary platforms. The new version of this platform is of great benefit to multi-asset FX traders, since it offers traders different trading products ranging from spot market to Forwards, Bullion, Options CFDs as well as Stocks as Ikon upgrades proprietary platform.
Being a long time player in the industry, the firm has been an active player on the margin FX for over a decade. Hence, the prodigy platform was among the first solutions to offer streaming prices on FX contracts. Adopting a global strategy that has helped the broker establish regional operations such as its UK-regulated entity; IKON Finance, catering for both institutional and retail clients in the region.
IKON`s enhanced prodigy platform adds a number of key functionalities that is in support of the growth of trading platform among international traders, since it provides a diverse range of products suitable to different trader groups, therefore creating an ease of market access. It also boosts admirable platform functions such as:
• Better fills and Execution services
• Quick ticket section
• Order ticket section
• Auto execution on select options
The Chairman and President of The IKON Group of Companies, Engin Yikilmazoglu, commented on the enhancement: “As IKON Group continues to expand its product lines and experiences growth across all metrics (clients, volume and assets); we have invested resources to ensure our technology meets our client’s requirements. We realize how important screen space is for clients. By having all their orders on one screen, clients have greater flexibility to follow all the markets they intend to trade.”
Another spokesperson of the firm said that the recent expansion into localized and regional markets, requires enhancement of forwards and deliverable products. Undoubtedly, the Prodigy platform offers these local financial institutions the capability to manage their Options books and Spot/Forward on a single platform.