ONCHAN, Isle of Man, April 8, 2021 /PRNewswire/ — Financial technology leader ParagonEX signs deals with several internationally-reputed brokers to provide them with ParagonEX technology and services.
As part of an ongoing effort to expand and diversify its services, ParagonEX announced that several agreements were signed, and one of the brokers, 1Market.com, already successfully finished its migration to ParagonEX.
1Market, offering trading services globally, is a fully regulated broker and is now equipped with the advanced ParagonEX Prime trading platform, back-office services and automated KYC systems, all offered by ParagonEX.
Simon Duggan, ParagonEX’s CEO said: “As part of our expansion, we are glad to have constant interest from brokers regarding some or all of our services. As we focus on continued innovation, we will also have to prioritise broker onboarding, to ensure our pipeline is clear for the next group of incoming brokers.”
ParagonEX Prime, the core product of the ParagonEX group is hailed as one of the most advanced brokerage packages on offer today, comprising of all the elements that medium-sized to large brokers seek in a technology partner – from a proprietary, state-of-the-art trading platform to advanced back-office features and top-notch ancillary services.
ParagonEX is an Isle of Man-based financial technology company established in 2008 with the goal of providing an off-the-shelf, robust trading platform and back office solution to brokers. Committed to creating a secure umbrella solution for brokerage firms, irrespective of their size, ParagonEX has become the technology provider of choice for CFD trading globally. Its solutions are today in use throughout Europe, Australia, and the Middle East. For more information, please visit paragonex.com.