MahiFX Ltd.
| File:Mahifxcorplogo.png | |
| Private | |
| ISIN | 🆔 |
| Industry | Financial Services Currency Trading |
| Founded 📆 | 2010 |
| Founder 👔 | |
| Headquarters 🏙️ | , , |
Area served 🗺️ | |
Key people | David Cooney, Co-Founder and CEO Susan Cooney, Co-Founder and Head of Marketing |
| Members | |
Number of employees | |
| 🌐 Website | mahifx.com |
| 📇 Address | |
| 📞 telephone | |
MahiFX, Ltd.
MahiFX Ltd. is a privately held financial services technology company headquartered in New Zealand with offices in London. The company provides foreign exchange (Forex or FX) trading services to the retail sector via its proprietary built trading platform and through the third party MetaTrader 4 platform. MFX Compass, MahiFX’s offering to the institutional sector, provides e-FX technology and consulting to banks, businesses and hedge funds.
History[edit]
MahiFX, whose name means ‘work’ or ‘craft’ in Maori, is headed by CEO and Co-Founder David Cooney, former global co-head of currency options and e-FX trading at Barclays Capital and Susan Cooney, former head of e-FX Institutional Sales in Europe for Barclays Capital.
The company began operations in February 2010[1] providing its proprietary-built online trading platform for retail Forex traders. Acting as a principal market maker, the company provides continuous, dealable FX rates to retail customers on a margin/leveraged basis.
Expansion of products and services[edit]
Since its launch in February 2010 the company has developed the platform to include a desktop trading application price alerts and charting[2] and an online currency converter.[3] In August 2013 MahiFX introduced the facility for FX traders to access the MetaTrader4 (MT4) platform via its custom-built bridge as an adjunct to its proprietary platform.[4]
MFX Compass[edit]
In February 2014 MahiFX launched a trading technology offering for the Institutional sector under the MFX Compass brand[5] providing, on an outsourced basis, trading tools for hedging, price formation, risk analysis and analytics.
Awards[edit]
In April 2013 MahiFX was awarded the FSTech Award for Best Trading System.[6]
In June 2014 David Cooney was inducted into the Profit & Loss Hall of Fame for contributions to the advancement of innovation, growth and success of the Foreign Exchange industry.[7]
Regulation[edit]
The company is regulated by the Australian Securities and Investment Commission (ASIC) and has stated that regulation by the UK Financial Conduct Authority (FCA) is pending.
References[edit]
- ↑ "Web-based MahiFX platform ‘officially’ launched for retail customers", Derek Julian, Bobsguide, published March 2012.
- ↑ "Mahi Launches Forex Desktop Trading Application", MahiFX, Finextra, published March 2013.
- ↑ "Christchurch Company Launches Online Currency Converter", MahiFX, TechDay Startup, published January 2012.
- ↑ "MahiFX Launching MetaTrader 4 on Automated Trading Demand", Ron Finberg, Forex Magnates, published August 2013.
- ↑ "MahiFX Launches MFX Compass e-FX Suite for Banks", MahiFX, FX-MM, published February 2014.
- ↑ "2013 FStech Awards: Winners Announced", Scott Thompson, FStech, published April 2013.
- ↑ "Hall of Fame "Class of 2014" Unveiled", Profit-Loss, Profit-Loss, published June 2014.
External links[edit]
This article "MahiFX" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
