PhillipCapital UK Partners With oneZero in MT4 Offering
- One of the biggest brokers in Singapore, PhilipCapital's UK subsidiary has established its offering with an MT4 solution.
Online provider of foreign exchange and CFDs trading services PhillipCapital UK, which is also a member of the PhillipCapital group of companies, has announced a new technological partnership deal. The brokerage will use oneZero’s technology for its retail trading offering.
The customers of PhillipCapital UK will use oneZero’s hub solution to gain access to execution and access to price aggregation software delivering price feeds from a number of leading 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 providers.
PhillipCapital UK is using a straight-through-processing (STP) model to service its clients and is delivering the solution to the market into the firm’s MT4 server from a centralized deployment.
Commenting on the partnership deal, the Head of Derivatives at PhillipCapital UK, Sean Tan, stated: “One of our aims when launching PhillipCapital UK, was to offer a high-tech trading environment for our clients. With oneZero on board, we are able to offer comprehensive support to our clients with a robust and reliable technology provider.”
After establishing its business in Singapore some years ago, PhillipCapital has become one of the key Monetary Authority of Singapore (MAS) regulated players in the trading industry in the region. After establishing its UK subsidiary in 2015, the company is aiming to extend its success across Europe.
The firm has already established a series of solid liquidity relationships with major banks and has solid capital backing its offering and stature with its Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term.
The CEO of oneZero Andrew Ralich added his input on the deal: “In today’s marketplace, retail clients are looking to trade with brokerages who have a reliable corporate and regulatory structure, robust technology and strong customer service. We are proud to be in a position to complement PhillipCapital UK’s established global presence, with our industry leading solutions for retail and prime brokers.”
Online provider of foreign exchange and CFDs trading services PhillipCapital UK, which is also a member of the PhillipCapital group of companies, has announced a new technological partnership deal. The brokerage will use oneZero’s technology for its retail trading offering.
The customers of PhillipCapital UK will use oneZero’s hub solution to gain access to execution and access to price aggregation software delivering price feeds from a number of leading 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 providers.
PhillipCapital UK is using a straight-through-processing (STP) model to service its clients and is delivering the solution to the market into the firm’s MT4 server from a centralized deployment.
Commenting on the partnership deal, the Head of Derivatives at PhillipCapital UK, Sean Tan, stated: “One of our aims when launching PhillipCapital UK, was to offer a high-tech trading environment for our clients. With oneZero on board, we are able to offer comprehensive support to our clients with a robust and reliable technology provider.”
After establishing its business in Singapore some years ago, PhillipCapital has become one of the key Monetary Authority of Singapore (MAS) regulated players in the trading industry in the region. After establishing its UK subsidiary in 2015, the company is aiming to extend its success across Europe.
The firm has already established a series of solid liquidity relationships with major banks and has solid capital backing its offering and stature with its Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term.
The CEO of oneZero Andrew Ralich added his input on the deal: “In today’s marketplace, retail clients are looking to trade with brokerages who have a reliable corporate and regulatory structure, robust technology and strong customer service. We are proud to be in a position to complement PhillipCapital UK’s established global presence, with our industry leading solutions for retail and prime brokers.”