X Financial Solutions have announced the release of their new risk management product, xRisk which automates the management of a broker’s risk exposure and allows for intelligent hedging based on parameters set by the user. It comes with an ultra-low latency price feed and Smart Executor, controlling even the smallest trade, thus solving problems experienced with scalpers and high-frequency traders.
“Our new xRisk system lets brokers manage risk the intelligent way, without giving up extra profits from their B-Book,” said Jakub Zablocki, Managing Director of X Financial Solutions. “We designed this system using the open infrastructure of X Open Hub. xRisk will automatically hedge only the excess exposure set by client or instrument, while maintaining excellent client execution quality with smooth Non-Dealing Desk execution.”
The new risk-management technology is available to all brokers using X Open Hub, as well as MetaTrader 4 (MT4). xRisk can connect to one or multiple MetaTrader servers allowing brokers to consolidate their entire portfolio and manage risk through one intuitive interface.