CoreVG - helping to amplify market making profits.
Varengold, the German investment bank, has recently launched an
enhanced flow and risk management tool - CoreVG for brokers that
enables them to amplify and leverage their market making profits.
The companys CEO Yasin Sebastian Qureshi, tells e-Forex more about
this product and the growth of the firms institutional offerings.
Why did Varengold decide to launch CoreVG?
The advantage of our proprietary Risk Management tool is that it
allows brokers to identify, select, manage, multiply and leverage
profitable client order flows and automatically execute upon
them. Four years ago we expanded our brokerage business and were
one of the first within Germany to offer FX trading via
MetaTrader 4 to clients. With our background as a systematic CTA
we put great emphasis on Risk Management and automation, with a
strong focus on Research and Development. An early major project
was to evaluate the different trading accounts and use them as
qualified trade signals and this was the moment of birth for
CoreVG. We quickly noticed the high demand within the FX broker
industry for this software solution, especially as our tools'
robustness, usability and transparency is of great advantage. In
essence brokers are able to amplify their market making revenues
by using profitable client orders and execute multiples of it at
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