This is a truly exciting time for Mondeum. It has been just over one month since the formal debut of our Mondeum Pro solution, which offers modern technology, competitive pricing and personalized support to experienced traders looking for an elevated experience. In that time, we’ve been hard at work engaging with the active trading community and hitting the road to share our vision at in-person events.
One of those events was Bear Bull Traders’ Live Trading Summit in San Diego, a two-day workshop geared toward active traders and featuring presentations from experienced mentors and motivational speakers, as well as service providers like Mondeum. I was pleased to have the opportunity to give a brief talk on who we are, what we stand for and how our next-generation solutions can help experienced traders efficiently carry out their equity and ETF strategies.
The response from the crowd was enthusiastic, which was great to see. Being on the ground led to a lot of meaningful conversations with attendees on their specific needs in the markets – and why our unique combination of straightforward service, powerful trading platforms and a client-centric business model could meet those needs. I also enjoyed taking in the presentations from the other speakers on the agenda – Mike Maehr’s talk on mastering the mental side of trading was particularly interesting. On a personal level, it was great to be back at a live event interacting face to face with prospects and pundits alike.
All in all, the summit was a terrific milestone in what has been a whirlwind few weeks for Mondeum. We’re working tirelessly each day to introduce ourselves to the active trading community, and the positive responses we’re seeing indicate to us that our efforts are really starting to pay off.
Active Trading: Foundational Elements for a Modern Solution
Much of this work involves speaking with individuals who are planning for the next leg in their active trading journey. They’ve honed their strategies and philosophies over the years, and now they want to do even more with them. They want to further refine their edge as traders, and they’re seeking a firm that can provide them with tools to maximize their potential.
That got me thinking: what are some of the key foundational principles and concepts the active trading community should be aware of when assessing whether a given broker-dealer is right for them? While the below list is by no means exhaustive, it can serve as a starting point for traders looking to think critically about how to get the most out of the markets:
- There’s no substitute for a user-friendly experience. It’s aggravating to have to jump through a series of logistical hoops when all you want to do is start trading. Streamlined, fully digital onboarding processes, easy money transfers, intuitive account management functions and attentive client service are just a few of the ways brokers can make themselves stand out in this area.
- Having the right technology is crucial. For active traders, speed, stability and real-time market data are not nice-to-haves – they’re key prerequisites for success in the markets. The right broker should offer access to trading platforms that check all of these boxes while also providing a familiar user experience, so you can trade at your best.
- Straightforward pricing makes a difference. For traders who have their budget down to a science, there’s nothing more frustrating than when your costs don’t add up. By working with a broker that is forthright about disclosing and explaining costs, you’ll know exactly what you’re paying for – and you’re more likely to feel great about the value you’re getting.
- Making the right routing decisions can unlock a competitive edge. For many, actively seeking the best prices on the market and utilizing smart order routes represents the “next level” of trading. Industry-wide debate around payment for order flow (PFOF) has only magnified the relevance of brokers that allow traders to take these routing decisions into their own hands.
These are just a few high-level ideas that came to my mind in thinking about what a competitive self-directed trading experience could look like – and they’re ones that we strive to bring to reality with Mondeum Pro. If you’d like to learn more about what we offer, don’t hesitate to reach out.
We’ve already made great progress in working to deliver these benefits to the active trading community – and the work continues! In the weeks and months ahead, we’ll further our mission to provide solutions to meet the requirements for success in today’s markets. We can’t wait to share what’s next.
Mondeum Capital does not endorse Bear Bull Traders or any of the individuals that presented at the Live Trading Summit. Views and opinions expressed by Bear Bull Traders and presenters at the conference do not necessarily reflect the views or positions of Mondeum Capital or its associated persons. Mondeum Capital has not directly or indirectly compensated Bear Bull Traders. Bear Bull Traders is not affiliated with Mondeum Capital and does not render any advice or services on behalf of Mondeum Capital.