One of the most difficult challenges that Forex brokers back office staff face is reconciling the accounting methods utilized in trading platforms with those methods used by the clearing agent be it an institutional liquidity provider or prime broker. In other words retail trading platform apply P&L, commissions, swaps and other charges differently than how the clearing partner applies them and as a result aggregate equity changes on the platform do not match equity changes at the clearing partner. Since the equity changes on the frontend do not correspond to… read more →

RTNS, a global leader in trade messaging, has added CurrentDesk to the list of authorized partners it exposes its API for the purpose of trade confirmation messaging. CurrentDesk has successfully met RTNS’s rigorous UAT testing, and as such has been approved to connect to RTNS production environment to receive trade confirmations notifications from Liquidity Providers via RTNS for the purpose of reconciliation. This is great news of CurrentDesk, as it allows the company’s advanced realtime reconciliation system, CurrentRisk, to seamlessly connect to virtually every major liquidity provider or aggregation system… read more →