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...