London-based financial technology provider Star Hat Solutions has revealed its latest venture within the forex industry, having entered into an agreement with FCA-regulated online FX and CFD broker FIXI Markets, according to a corporate statement.
Star Hat will be providing FIXI Markets with its full solutions suite including price and trading feed aggregation engine, smart order routing and reporting, CRM integrations, as well as advanced web management tools that give the broker control over liquidity.
Today’s announcement comes less than two months after the firm launched its FREEBRIDGE Hub aiming to provide additional cost savings to a number of FX industry participants.
Earlier in May, Star Hat unveiled its new product, which is enabling brokers to provide to their clients a direct line of connectivity into the pool of liquidity without the need for bridge fees, commissions or FIX integration.
Star Hat is providing a bridge which is integrated into the product at no additional costs. The solution allows for existing trading infrastructure to work alongside Freebridge.
Chris Ward, CEO of Star Hat Solutions, commented: “Star Hat Solutions has always been about creating relationships to provide performant, quality and integrated solutions to give clients the best possible experience. With this, we are excited to be helping FIXI Markets bring their innovative products to market.”
Jason Gibson, Director of FIXI Markets, added: “With the wealth of expertise that Star Hat Solutions offers, as well as their diverse range of products, we are pleased to announce our partnership. A key factor in our decision in partnering with Star Hat Solutions is the flat-rate technology fee, the high level of technological scalability working within the Star Hat environment, and the bespoke development that is associated when working with a high calibre team such as Star Hat. A high level of innovative automation ultimately makes FIXI Markets more competitive within the FX/CFD and Spread Betting industry and at the cutting edge of trading technology.”