Online trading company Axi rolled out a new institutional liquidity service called AxiPrime today (Wednesday), while also announcing a partnership with technology provider Your Bourse to support the platform's expansion.

Axi Unveils AxiPrime Liquidity Service

The Sydney-based firm says AxiPrime will serve professional trading firms by providing access to multiple asset classes including Forex, metals, equities, cryptocurrencies and commodities through a single platform.

Axi built the service around high-frequency trading capabilities, with the infrastructure able to handle up to 500,000 order events per second on a single CPU while executing trades in two microseconds, according to the company.

“Built for scale, the infrastructure behind AxiPrime is designed for institutional-grade speed, processing up to 500,000 order events per second on a single CPU, delivering execution in just two microseconds,” said Louis Cooper, Axi's Chief Commercial Officer.

It is worth noting that Axi previously operated a branch under the same brand name: AxiPrime functioned as a prime brokerage offering but was eventually shut down. Now, the name will be used by a liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider.

Related: Axi UK Profit Jumps 90% to $4 Million in 2024 on Higher Trading Volume

Your Bourse Partnership

The move comes two months after Axi first announced its partnership with Your Bourse to integrate low-latency technology.

The platform offers institutional clients unified price feeds and a single API connection, along with optional FIX and REST endpoints for multi-asset trading. Cooper said the system aims to meet the performance requirements of high-frequency trading operations, algorithmic strategies and institutional trading desks.

Axi's partnership with Your Bourse will help expand the AxiPrime platform's reach. Cooper described the collaboration as reflecting both companies' focus on client experience through technology tools.

“Our collaboration with Your Bourse reflects our shared commitment to enhancing client experience with powerful tools and technology,” Cooper said. “Axi's mission has always been to give our traders and partners a competitive edge—AxiPrime and our partnership with Your Bourse is a natural evolution of that goal.”

The company says AxiPrime provides transparent pricing, execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term services and technical support for institutional clients. Cooper hinted at additional product developments ahead, saying “there's more innovation on the way.”

The importance of latency for brokers and trading platforms is further highlighted by a case described by FinanceMagnates.com: Ark Trader increased its trading volumes by 75% and cut transaction delays in half after switching its infrastructure provider.