#USA #Los Angeles #Wedbush Securities #Rival Systems #Coinbase Derivatives

Major Developments in Trading Technology

In a significant advancement in the trading technology landscape, Wedbush Securities has officially announced its partnership with Rival Systems, a prominent firm specializing in enterprise risk management and trading solutions. This collaboration is focused on enabling continuous trading, allowing clients to trade without interruption on Coinbase Derivatives. This strategic move signifies a broader shift in the financial sector towards 24/7 trading capabilities.

Wedbush Securities, a renowned name in the financial services industry established in 1955, is recognized for its commitment to providing a comprehensive suite of services, including securities brokerage, investment banking, and wealth management. As the firm gears up to support its clients' trading needs around the clock, the implementation of Rival Risk, a cutting-edge risk management system, will play a pivotal role. This platform is designed to efficiently monitor trading activities on Coinbase Derivatives, ensuring clients are supported at any hour of the day.

Bob Fitzsimmons, the Executive Vice President and Co-Head of Multi-Asset Clearing and Prime Services at Wedbush, emphasized the importance of real-time risk management in today's fast-paced markets. He stated, "As markets continue to move toward continuous trading, offering clients seamless, real-time risk management that they can rely on is essential. By utilizing Rival's platform, we enhance our capability to monitor client accounts without interruption, delivering greater peace of mind to our customers as they navigate these evolving markets."

With shifts in trading practices, including a growing trend where more exchanges adopt continuous trading models, the necessity for real-time monitoring systems has never been more urgent. Rival Systems has developed its technology specifically to cater to the demands of a 24/7 trading environment. This innovation ensures firms like Wedbush can effectively manage market exposure and safeguard their operations around the clock.

Rob D'Arco, CEO of Rival Systems, expressed enthusiasm about their collaboration with Wedbush, stating, "It’s a pleasure working with Wedbush, and we're honored to support their efforts as they embrace 24/7 derivatives trading. With an increasing number of exchanges operating continuously, it’s crucial for firms to possess risk systems that can operate reliably without any downtime. We look forward to continuing to provide solutions that empower our clients in this dynamic trading landscape."

Rival Systems was founded in 2015 and has since established itself as a leader in offering high-grade trading and risk management software tailored to sophisticated market participants. Their flagship products, including the advanced multi-asset trading system Rival One and the enterprise risk management system Rival Risk, are designed to meet the high demands of brokers, clearing firms, and proprietary trading operations worldwide. The intuitive user interfaces and powerful analytics of Rival's offerings facilitate seamless integration with existing infrastructure, enabling firms to customize their workflows effectively.

In summary, the collaboration between Wedbush Securities and Rival Systems marks a critical evolution in the trading sector, reflecting a commitment to providing clients with uninterrupted access to trading solutions. With the financial landscape continuously evolving, initiatives like these are set to shape the future of trading, ensuring that clients can engage actively in the markets at any hour. For further details on their services and solutions, visit Rival Systems.