ActTrader Technologies, Inc
ActTrader Technologies, Inc

New Solution Created for Regulatory Margin Requirement

Latest Japanese FSA Rule Puts Focus on Leverage Control

New Solution Created for Regulatory Margin Requirement
New York, NY, July 29, 2010 --(PR.com)-- ActForex, Inc, the leading provider of independent retail Forex trading platforms, today announced the creation of Margin Requirement as a Percent of Trade Notional Value functionality, just in time for new regulations taking effect in Japan on August 1.

This trading platform enhancement automatically calculates the margin requirement for opening and keeping the position open based on its current value. The margin will be recalculated in real time at every price change, ensuring that the trader’s positions are continuously leveraged at a permanent rate. The ActForex solution, developed specifically for calculating margins, guarantees the constant leverage that will soon be required by law from Japanese Forex brokers.

For brokers outside of Japanese jurisdiction, ActForex trading platforms always allow flexible system configurations, which can be used for setting simple fixed margins in account currency, a popular feature among retail FX clientele.

“We stay on top of changing compliance issues and create technology that helps our clients to fulfill their applicable regulatory requirements,” says Ilya Sorokin, CEO of ActForex. “I believe we will see many more requirements from governmental agencies worldwide in the near future and having a technology provider that is responsive is absolutely essential these days.”

“Worldwide our licensees provide 450,000 traders with ActForex technology so we take our responsibilities very seriously. We were the first to introduce a solution for the NFAs’ FIFO and No-Hedging rules last year,” Sorokin continued. “So having introduced one of the very first retail FX trading platforms ten years ago and many innovations along the way, clients rely on us to protect their interests. Our expertise in Forex and other financial instruments incorporated into ActForex’s highly flexible trading platform allows our clients to concentrate on their business, while being compliant with regulations.”

Some other trading technology providers currently offer limited functionality to address coming Japanese regulations, which simply uses a position’s opening rate to calculate the fixed margin. Such margin stays fixed for the lifetime of a position. Since in the real market the position value constantly changes with each tick, the other methods of providing this functionality do not provide constant leverage. Ultimately these alternatives to the ActForex solution do not comply with the FSA’s upcoming leverage requirements, according to Japanese compliance specialists.

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About ActForex, Inc:
ActForex, Inc is a leading-edge Managed Service Provider that has been providing turn-key trading technology solutions for a multitude of FCMs, Forex Brokers, Broker/Dealers, Introducing Brokers and Money Managers worldwide since 2000. ActForex platforms allow firms to offer trading in Spot Forex, CFDs on Equities and Futures, Currency options, ETFs, and Forwards.
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ActForex, Inc
David Boyer, Executive VP
212-425-7111
www.actforex.com
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