X OPEN HUB ADDS MULTI ACCOUNT MANAGEMENT (MAM) AND INTRODUCING BROKER (IB) MODULES TO THE X OPEN HUB TRADING PLATFORM - Top Stories news and analysis from Global Banking & Finance Review
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X OPEN HUB ADDS MULTI ACCOUNT MANAGEMENT (MAM) AND INTRODUCING BROKER (IB) MODULES TO THE X OPEN HUB TRADING PLATFORM

Published by Gbaf News

Posted on May 21, 2014

2 min read

· Last updated: October 19, 2018

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X Open Hub Introduces New Platform Modules

X Open Hub (XOH), the leading trading technology vendor, now provides integrated MAM and IB Management System modules as standard. Both modules are fully integrated components of the XOH hosted trading environment.

Clients using the X Open Hub trading environment will now benefit from offering their customers two new modules with advanced functionalities:

Overview of xMAM Multi Account Manager

xMAM – The web-based Multi Account Manager is available to Money Managers as an integrated  module in the XOH trading environment. xMAM is designed to reduce the administrative overhead for clients thereby saving both time and money.  Money Managers using xMAM benefit by making bulk trades with multiple instant allocation methodologies to sub-accounts. Money Managers can view their own trading accounts whilst simultaneously observing sub-accounts. Money Managers who trade on their sub-accounts directly from xStation whilst xMAM administers asset allocation and commission management.  Money Managers can additionally specify remuneration based on equity, balance or performance.

X OPEN HUB Adds Multi Account Management (Mam) And Introducing Broker (Ib) Modules To The X OPEN HUB Trading Platform

X OPEN HUB Adds Multi Account Management (Mam) And Introducing Broker (Ib) Modules To The X OPEN HUB Trading Platform

Features of the xIB Introducing Broker Module

xIB – The Introducing Broker management module consists of Front & Back Office tools and enables clients to set personalised commissions for individual IBs calculated in real time.  The IB can view their clients’ trades and subsequent rebates whilst having access multiple performance reports all delivered real time in an easily accessible format.

Client Benefits and Company Insights

Jakub Zablocki, Managing Director of X Open Hub, commented on the announcement:
‘I am excited by the new releases that enable our Clients to centralise their operations. Our clients, consisting of Banks and Brokers, are looking forward to the addition of the xIB and xMAM modules and the opportunity to further centralise their operations within the X Open Hub trading platform.
X Open Hub delivered the modules to meet the increasingly sophisticated demands of our growing number of Bank and Broking clients. Our clients were especially appreciative that the solutions are an integral part of XOH trading environment.
X Open Hub are focused on the stability and reliability of our systems and we will continue to enhance and add further features that will translate into profitability for our clients.’

For further information about X Open Hub or to try a demo, please visit www.xopenhub.pro.

Key Takeaways

  • X Open Hub has integrated xMAM and xIB modules into its hosted trading platform as standard features.
  • xMAM allows money managers to execute bulk trades with instant allocation, commission and remuneration controls.
  • xIB provides brokers with real‑time IB commission setups, performance reporting and trade visibility.
  • Jakub Zablocki highlights the centralisation, stability, and profitability benefits for bank and broker clients.

References

Frequently Asked Questions

What is xMAM on the X Open Hub platform?
xMAM is a web‑based Multi‑Account Manager that enables money managers to execute bulk trades with instant allocation to sub‑accounts, while managing asset allocation, commissions, and remuneration based on equity, balance or performance.
What functionality does xIB provide?
xIB is the Introducing Broker management module, offering front‑ and back‑office tools to set personalized IB commissions in real time, view client trades, rebates, and access performance reports.
Who benefits from these new modules?
Banks and brokers using X Open Hub’s hosted trading environment benefit from streamlined, centralised operations and enhanced tools for money managers and introducing brokers.

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