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The 13th annual FStech awards grants MahiFX the “Best Trading System” prize. The New Zealand based forex broker is recognized for its innovation.

MahiFX recently added a forex trading desktop application. For more about this award, here is the official press release:

LONDON, 19 April 2013 – MahiFX, the proprietary-built FX trading platform that provides retail traders with direct access to institutional quality execution speeds and spreads, today announced it has been awarded the 2013 FStech Award for ‘Best Trading System’.

Now in its 13th year, the FStech (formerly Financial Sector Technology) awards recognise excellence and innovation in the field of information technology within the UK and EMEA financial services sector. The Best Trading System category won by MahiFX recognises the pre-eminent trading system recently introduced to market, whether installed internally at a wholesale bank or into the general financial markets for wide-scale use.

“MahiFX’s overarching commitment has been to engineer and continually develop a robust, reliable and technologically sophisticated trading platform,” said David Cooney, CEO of MahiFX. “Having just celebrated the one year mark since launching the platform we are understandably very proud of the innovations and achievements that this important FStech award formally acknowledges and rewards.”

MahiFX is headed by David Cooney, former global co-head of currency options and e-FX trading at Barclays Capital and responsible for the award winning e-commerce platform BARX and Susan Cooney, former head of e-FX Institutional Sales in Europe for Barclays Capital. Rather than relying on third party technology, MahiFX’s team of ex-interbank traders, statisticians, developers and analysts developed a proprietary platform that gives retail traders access to the same sophisticated technology and wholesale quality rates enjoyed by institutional traders.

The platform, available as web-based or desktop application, currently offers 112 tradeable currency pairs and crosses along with precious metals gold and silver as tradeable asset classes. MahiFX clients are offered a wide range of analytical tools to accommodate their varying trading styles and levels of expertise and have access to learning resources that include webinars, video tutorials, community discussion forums and a blog with market analysis and trading educational resources.