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ZagTrader

Platform · Post-trade

Margin trading: leverage with live risk, calls and liquidation built in

Configurable facilities, real-time collateral and risk, automated margin calls and a liquidation engine that protects your book, with conventional and Shariah-compliant financing on the same platform.

In short

ZagTrader's margin engine lets brokers and banks extend leverage through funded, utilisation-based, overdraft and hybrid facilities, with every marginable order checked for buying power, collateral and concentration before it reaches the market. Coverage and margin ratios recalculate in real time, driving tiered alerts, margin calls and, if needed, automated liquidation, with conventional and Tawarruq-based financing on the same platform.

Facilities
Funded, utilisation-based, overdraft and hybrid
Liquidation
Five broker-defined methods, with audited override
Islamic option
Tawarruq-based margin financing

What risk and credit teams ask first

When the check happens, what counts as collateral, and what happens in a fall.

Checked before the order goes out

Buying power, collateral sufficiency and concentration are tested in order validation, before the market.

See pre-trade risk

Multi-asset collateral

Cash, equities, sukuk and bonds, eligible funds and foreign equities, with per-class haircuts and daily mark-to-market.

See fixed income and sukuk

Ratios recalculated continuously

Coverage and margin ratios, equity and buying power, recalculated as prices move.

See securities finance

Tiered calls with alerts

Early-warning, margin-call and liquidation thresholds, with email, SMS and in-app alerts and grace periods.

See client front ends

Liquidation on your rules

Most Liquid, FIFO, LIFO, Most Volatile or Lowest Collateral Ratio, plus manual override with audit.

See trading and execution

Tawarruq margin on the same engine

Shariah-compliant leverage through integrated commodity providers, with no commodity exposure for the client.

See Islamic finance

Who it's for

  • Brokers offering margin accounts
  • Prime brokers & banks
  • Risk & Credit teams
  • Heads of Retail & Institutional trading

What it solves

  • Manual, spreadsheet-driven margin monitoring
  • Delayed margin calls and uncontrolled liquidation
  • Collateral and haircuts tracked outside the OMS
  • No path to Shariah-compliant leverage

Leverage, under control

The margin gate is wired directly into order validation: every marginable order is checked for buying power, collateral sufficiency, and concentration before it reaches the market. As prices move, coverage and margin ratios are recalculated in real time, driving alerts and, if needed, automated liquidation.

Key capabilities

Everything a modern margin desk needs

Flexible Facility Types
Funded (fixed-term), utilisation-based revolving credit, overdraft, and hybrid facilities, each with its own accrual basis, limit, and lifecycle.
Collateral Management
Cash, listed equities, sukuk and bonds, eligible funds, and foreign equities as collateral, with per-class haircuts and daily mark-to-market.
Real-Time Margin Engine
Coverage and margin ratios, equity and buying power, recalculated continuously as prices move.
Margin Call Workflow
Tiered early-warning, margin-call, and liquidation thresholds with email / SMS / in-app alerts, grace periods, and client response options.
Liquidation Engine
Automated forced liquidation with broker-defined methodology (Most Liquid, FIFO, LIFO, Most Volatile, or Lowest Collateral Ratio), plus manual override with audit.
Interest Accrual
Daily accrual on the full facility or drawn balance, benchmark-linked floating rates (e.g. SAIBOR) with per-client spreads, and automatic GL posting.

How it works

Facility Lifecycle

  • Funded, utilisation-based, overdraft, and hybrid facility types
  • Online application with suitability assessment and digital agreement signing
  • Automated approval up to a configurable ceiling; manual review above it
  • Renewal, suspension, top-up, and closure with maker-checker control
  • Per-user limits, validity windows, and consolidated margin account mapping

Collateral & Concentration

  • Multi-asset collateral with per-class haircuts and daily mark-to-market
  • Coverage ratio, margin ratio, equity, gross liquidation value, total market value, used and available margin, and buying power, recomputed continuously
  • Marginability configured at system, market, security, and user level
  • Concentration limits per security, group, sector, region, and counterparty
  • Segregated (isolated) or global buying-power pools
  • Stress testing for market-downturn and forced-liquidation scenarios

Margin Calls & Liquidation

  • Tiered early-warning, margin-call, and liquidation thresholds
  • Email, SMS, and in-app notifications with configurable grace periods
  • Client cures: deposit collateral, repay loan, or close positions
  • Liquidation strategies: Most Liquid, FIFO, LIFO, Most Volatile, Lowest Collateral Ratio
  • Manual override with full audit trail

Shariah-Compliant Margin

  • Tawarruq-based margin financing via integrated commodity providers
  • No client-side commodity exposure, structured at the platform level
  • Same real-time risk, collateral, and liquidation engine as conventional margin
  • Sukuk eligible as collateral with accrued-profit valuation

Frequently asked questions

Which margin facility types can we offer?

Funded (fixed-term), utilisation-based revolving credit, overdraft and hybrid facilities, each with its own accrual basis, limit and lifecycle. Clients apply online with a suitability assessment and digital agreement signing; approval is automatic up to a ceiling you set, with manual review above it.

What happens when a client's margin falls?

Tiered early-warning, margin-call and liquidation thresholds trigger email, SMS and in-app alerts with configurable grace periods. The client can deposit collateral, repay the loan or close positions; if not, forced liquidation follows your chosen method, with manual override and a full audit trail.

How is margin interest charged?

Interest accrues daily on the full facility or on the drawn balance, at benchmark-linked floating rates (for example SAIBOR) with per-client spreads, and posts automatically to the general ledger.

Can we offer Shariah-compliant margin?

Yes. Tawarruq-based margin financing runs through integrated commodity providers, structured at the platform level so the client has no commodity exposure. It uses the same real-time risk, collateral and liquidation engine as conventional margin, and sukuk are eligible as collateral with accrued-profit valuation.

Launch margin the right way

See the margin engine, collateral management, and liquidation workflow in a live demo.

100+ institutions run on ZagTrader technology, with $500B+ in client assets on the platform

In production since 200925+ markets and exchanges10M+ daily transactions1,100+ destinations through ZagFN

Institutions that run on ZagTrader technology

Awaed
Emirates Investment Bank
Housing Bank
Dubai Financial Market
ADSS
Abu Dhabi Securities Exchange
Finance House
Tabadul Exchange Hub
Copper
Unibank
Finstreet
Oman Investment Bank
Boursa Kuwait