GCEX Enhances XplorRisk Risk Management Product for Brokers Trading SpotFX, Metals and Digital Assets

September 26, 2023 - Digital Prime Broker GCEX has announced significant enhancements to its risk management product XplorRisk, enabling brokers to have stronger risk management controls and a better understanding of their clients’ positions in real-time in order to make more informed business decisions.

This latest development enables GCEX’s brokerage clients to simplify and enhance how they monitor and manage risk from clients trading FX Spot, Metals and Digital Assets. New features include automated rule customisation so that brokers can hedge risk by setting limits on each currency or trading product. The risk rules can easily be customised, for example by client, by currency or by time of day to provide full flexibility. Brokers can also now gain a real-time overview of net open positions by currency pair and currency.

XplorRisk is an advanced risk management solution, seamlessly integrated with GCEX’s margin-based CFD and FX platform, XplorTrader. XplorRisk also serves as a key pillar in GCEX’s pioneering crypto-native solutions, collectively known as XplorDigital. XplorDigital includes the firm’s plug and play solutions, ‘Crypto in a Box’ and ‘Broker in a Box’ and comprises of technology-agnostic platforms covering regulation, regulated custody solutions, staking solutions, safety of funds, tier 1 and deep liquidity, connectivity to biggest price makers and innovative technology partnerships.

Lars Holst, Founder & CEO, GCEX comments, “XplorRisk stands as the cornerstone of risk management within GCEX’s dynamic trading solutions for institutional and professional clients. By enhancing XplorRisk and providing a range of advanced risk management features, we are adding value to our offering, helping clients to optimise their trading operations. With XplorRisk, our clients – whether trading FX or digital assets - now have greater control over risk management, with a complete overview of their exposure and the ability to set up automated controls to mitigate risk.”

GCEX Group enables institutional and professional clients to access deep liquidity in FX and CFDs on digital assets, as well as digital assets spot trading and conversion, and offers a broad range of Forex brokerage and technology solutions.

Headquartered in London, with multiple offices across the globe, GCEX is regulated by the UK’s FCA, registered with the Danish FSA as a VASP and currency exchange and has been granted a Virtual Asset Service Provider License for the MVP phase by the Dubai Virtual Assets Regulatory Authority. True Global Ventures are investors in GCEX.