Exchange Systems Technology (EST) and MarginClick Limited
(MCL), a new firm set up by former director of European sales
at SunGard Futures, Patrick Thornton-Smith, have formed a joint
venture to market MarginClick.com, a web-based ASP margin
calculator aimed at end users.
According to Thornton-Smith, most end users only receive
their statements on a T+1 basis: "MarginClick enables
valuations to be done at any time of the day, ie as markets
close and/or at the end of the day's trading, thereby giving
users knowledge of tomorrow's obligations today."
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