Scope Markets Now Provides Liquidity Through Gold-i’s Matrix

Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term firm Scope Markets has teamed up with Gold-i, a trading systems integration specialist for the ‎financial services ‎industry, to offer 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 to Gold-i’s client base, the companies announced via a joint statement this Wednesday.

Scope Markets is a global FX and CFD broker with a particular focus on emerging markets. Under the agreement, the broker has integrated with Gold-i’s Matrix, a multi-asset liquidity management platform equipped with multiple routing and aggregation methods.

Commenting on the partnership, Daniel Lawrance Chief Commercial Officer at Scope Markets said: “integrating with Gold-i and their suite of products allows us to strengthen our product offering and flexibility in an ever-changing industry landscape, with a technology partner that has a great reputation within our financial sector to constantly evolve.”

Another liquidity provider for Gold-i’s Matrix

Gold-i has partnered with a number of brokers, exchanges, and trading firms to provide liquidity via its Matrix platform. As Finance Magnates reported, towards the end of last year, Global Market Index Limited (GMI) partnered with Gold-i to provide its liquidity via the Matrix platform.

“We are delighted that our partnership with Scope Markets continues to grow and that we are now able to provide their liquidity through Gold-i technology,” added Tom Higgins, the CEO of Gold-i.

“Their liquidity will be welcomed by our clients worldwide, particularly in Asia and emerging markets where Scope Markets has a reputation for excellence across different regions.”

Brokers who consume liquidity from Gold-i’s Matrix also have access to Matrix Insights. This feature provides firms with information that allows them to analyze order routing and execution statistics across all asset classes.

Scope Markets continue expansion plans

The partnership announced today will allow Scope Markets to continue its growth in emerging markets. Earlier this year, the company announced a strategic partnership deal with Hong Kong-based m-FINANCE, which will allow the company to expand its footprint in Asia.

Similar to its deal with Gold-i, the FX broker provides its liquidity to m-FINANCE clients. The partnership came at a time when diversification for brokers, especially away from the EU, was becoming increasingly important - and still is.