Infinox Capital Joins B3 Exchange as FX, Treasuries Market Maker

Brazilian financial exchange operator B3 has accredited UK brokerage Infinox Capital to provide 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 and to act as a market maker for its listed US Treasuries and FX Futures.

As a market maker on the B3 Exchange, Infinox Capital will offer simultaneous bid and offer prices in selected securities listed on the exchange as part of its market-making services. The agreement intends to further strengthen liquidity, pricing, and market depth offered to the bourse’s investors.

With the B3’s new product launch, Brazilian investors are able to trade several currencies against the US Dollar, such as GBPUSD, AUDUSD, NZDUSD, EURUSD, USDCAD, USDJPY as well as the Scandinavian pairs (USDNOK and USDSEK) and also place positions in the 10 Year US notes.

The B3 was the world’s third-largest derivatives exchange by volume in 2019, with over 1.5 million active accounts.

London-headquartered INFINOX has been extending its liquidity distribution, most recently signing Gold-i’s Matrix Net as an additional channel. This accord makes its multi-asset liquidity available to brokers worldwide who use Gold-i’s Matrix, MT4 Bridge, and MT5 Gateway products.

INFINOX has also released its new Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term for multiple assets, including contracts for differences (CFDs) – IXO.

INFINOX delves into a growing brokerage market

Commenting in the news, INFINOX CEO Robert Berkeley, said: “Treasury Notes without having to send their funds out of the country or be subjected to foreign regulation. The B3 is also a trustworthy, strong and reliable counterparty for all trades. We will do our best efforts to connect Brazilians to the highest liquid market in the world.”

INFINOX is seeking to secure its chunk in a growing brokerage business in Brazil. The country’s largest stockbroker, XP Inc., had a total revenue of $820 million in the first nine months through September 2019, while its net income was reported at $164.90 million. Further, according to its filing, it has more than 1.5 million clients and $84 billion in assets under custody.

Last year, some bankers had floated a potential $15 billion valuation for the company. However, the volatility in the stock market makes it harder for banks to gauge where they should price the offering even for a company as big as XP.

INFINOX Capital Ltd is a London-based brokerage regulated by the Financial Conduct Authority (FCA). The company offers its clients in the UK and EU to trade a range of assets, including forex, equities, and commodities.