Articles

System Changes and Upgrades

289137   February 3, 2023 15:48   EnFoid LLC   SwingFish Updates   EnFoid

After weeks of testing and temporarily disabling certain systems, we are pleased to announce that we have successfully moved the services to other servers.

Ensured that the transition was seamless and did not result in any disruption to other systems or services.

Please be informed that the following systems have been permanently disabled: (more…)

Realtime Transaction Report

256730   September 15, 2022 10:47   EnFoid LLC   SwingFish Updates   EnFoid

Due to ongoing issues, we have created a dedicated Status page that will show the current, real-time exposure, pending transactions, and overall details.

the data displayed there may differ from other pages, as it’s created in real-time and not based on averages.

please note that pending transactions can be user or system-created but will show regardless until cleared or updated.

also noteworthy is that the totals are NOT representing the companies value, but only the contractual obligations as such.

Some huge chunks are still missing as in disputed amounts from past providers and partners,
we will add those in a later update to additional rows in just a few days.

this is to further increase transparency only and does not serve as a statement of performance.

click here to see the current Realtime Financial Status page

XRP (Ripple) Suspended

214834   April 29, 2022 04:41   EnFoid LLC   SwingFish Updates   EnFoid

XRP is the cryptocurrency used by the Ripple payment network. Built for enterprise and bank use,
it aims to be a fast, cost-efficient cryptocurrency for cross-border payments.

due to the ongoing SECÂ’s action against Ripple Labs, Inc., Coinbase stop trading in XRP by January 19, 2021.

we were still using XRP for outgoing transfers.
as of today, we can no longer fulfill payments through XRP, as we are unable to obtain more Ripple Coins until the suspension is lifted.

Other Cryptocurrencies are NOT affected by this, the SEC’s action is only against XRP!

if your XRP Transaction was canceled, please re-add it using another Cryptocurrency.

this is not the end of XRP, once the SEC has concluded the investigation with Ripple Labs, Inc.,
we will enable XRP payments, deposits, and withdrawals immediately.

EnFoid merges with EnFoid

230600   April 24, 2022 23:25   EnFoid LLC   SwingFish Updates   EnFoid

as part of the Legislation change, the following changes are planned:

• Q1 2022: Risk Products being moved to EnFoid Traders Inc.
• Q2 2022: Clients move internally to EnFoid LLC.
• Q4 2022: Striking off or releasing EnFoid Pte. Ltd.
• Q4 2022: sale of SG Assets that are not moving to the United States.

some of those tasks are major, others are just minor changes.

(more…)

Server Outage (March 1)

207929   March 1, 2022 12:54   EnFoid LLC   SwingFish Updates   EnFoid

good day, last night (March 1) we had a Server outage spanning serval hours,
due to a hardware error on our Database infrastructure.

All API-driven, cloud-based features (EnFoid.IO) and client systems were covered by our Backup Database Server located in Canada, which may had caused some latency issues,

all systems are back up now, and functioning as expected.

we do apologize for the inconvenience.

Office closed on 24 Sep

170842   September 23, 2021 17:48   EnFoid LLC   SwingFish Updates   EnFoid

Our office will be closed on Friday 24 Sep 2021.

For the planned vaccination of all staff, plus the public holiday, due to known side-effects, the office will remain closed till Monday.

there also will be no live trading on Friday.

We will process in and outgoing transactions after the end of 23 Sep. 2021, resulting in a rollover to be processed 24 hours earlier.

From Monday onwards, our online support will be available for you via email and Live chat.

Prop Update: Jurisdiction change for Proprietary Trading Accounts

138351   May 13, 2021 06:08   EnFoid LLC   SwingFish Updates   EnFoid

to all Live/Funded Traders

we currently in the process of Merging accounts into our newly founded subsidiary,
as a result, the accounts will be moved to the respective Jurisdiction.

(more…)

New CopyTrade in public Beta

71407   September 13, 2020 16:09   EnFoid LLC   SwingFish Updates   EnFoid

if you trade with multiple accounts/platforms (even on multiple firms) EnFoid CopyTrade is what you need.

you can now simply manage execution spanning multiple accounts, platforms, balances, and brokers.

via an easy to use interface.

in addition to the account list, inside of your EnFoid account, the status of the copy system is seamlessly integrated into the Account Settings pages.

EnFoid account holders can see the active accounts on the new Copy Trade Status page

details and updates can be followed on the public Copy Trade information page

currently this public beta is available only to EnFoid Traders, but will be available for everyone shortly.

Proprietary Trading (prop) Weekend Rule softened

50619   April 19, 2020 15:40   EnFoid LLC   SwingFish Updates   EnFoid

previously trading during weekends wasn’t allowed. as we can not control the exposure during closed markets.
this rule will be softened to the following:

Positions can be held during weekends if:

• they are REASONABLY Sized!
  meaning a large gap will not exceed the max or daily loss.
• Hedged Positions can be held with any size.
• no STOP or LIMIT orders of any type.

This change does affect ALL Account types.

sizing is up to the trader, but if this is stressed, abused or overdone,
EnFoid will Terminate live account’s with no warning, regardless of the outcome on re-opening.

make sure you read the updated Rules in detail.

Proprietary (Prop) Trading changes & updates

48725   March 30, 2020 01:38   EnFoid LLC   SwingFish Updates   EnFoid

We currently overhauling the Proprietary systems to provide a better experience to our Traders, and more stability overall.
as a result, there will be a few changes applied to different parts of the systems and the way we do these things.

All these changes will come into effect on March 31 2020 23:59 SGT

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Removing AdmiralMarkets from Proprietary Trading

42220   January 25, 2020 00:20   EnFoid LLC   SwingFish Updates   EnFoid

we have decided to stop providing Proprietary Trading accounts via the broker Admiral Markets effective immediately.

this was an internal decision based on serval management and logistical factors.

all live accounts will be moved to IC Markets over the coming week. Starting February 2020 all accounts will be closed.

EnFoid Live Traders will be individually contacted regarding the move and the Future broker to use.

Crypto Destination Update

35586   September 5, 2019 06:42   EnFoid LLC   SwingFish Updates   EnFoid

After many years of providing good services in crypto exchange, bx.in.th is closing its doors.
because of this, there will be a change in the crypto addresses we used for many years.

(more…)