XTB Adds Match-Trade as a Technology Provider for its XOH brand
- After Match-Trade integrated several customers for the FCA regulated brand X Open Hub, a strategic partnership was announced.
UK-based XTB Limited, with roots in Poland through its X Open Hub (XOH) brand and with more than a dozen offices globally, has partnered with Match-Trade Technologies LLC, a California- based technology provider, according to an announcement from the US-based vendor. Through the deal, Match-Trade will power XOH’s aggregation and bridging needs, and help it offer additional multi-asset solutions to its traders.
The synergy was explained as a strategic cooperation, as the broker aims to meet additional client's needs, and as Match-Trade had already on-boarded and integrated several clients for XOH.
Commenting in the official press release, X Open Hub CEO Michał Copiuk said: “Nowadays banks and brokerage houses are looking into expanding the list of offered instruments to stay competitive and to win over regular FX and bullion providers. Institutional clients are willing to introduce new products using already implemented solutions. By partnering with Match-Trade, XOH offers both.”
Finance Magnates had covered Match-Trade's unique offering in a previous post last year. Some of the key features of Match-Trade’s offering included the ability to execute over 50,000 transactions per second, and direct order matching between market participants. The company provides a FIX API for retail traders and 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 takers, with full order book details available via the FIX protocol. In addition, the company offers a free MT4 Bridge Bridge The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat Read this Term, also via FIX, for its institutional clients, and provides a lite-version of its web-based Match-Trader platform.
UK-based XTB Limited, with roots in Poland through its X Open Hub (XOH) brand and with more than a dozen offices globally, has partnered with Match-Trade Technologies LLC, a California- based technology provider, according to an announcement from the US-based vendor. Through the deal, Match-Trade will power XOH’s aggregation and bridging needs, and help it offer additional multi-asset solutions to its traders.
The synergy was explained as a strategic cooperation, as the broker aims to meet additional client's needs, and as Match-Trade had already on-boarded and integrated several clients for XOH.
Commenting in the official press release, X Open Hub CEO Michał Copiuk said: “Nowadays banks and brokerage houses are looking into expanding the list of offered instruments to stay competitive and to win over regular FX and bullion providers. Institutional clients are willing to introduce new products using already implemented solutions. By partnering with Match-Trade, XOH offers both.”
Finance Magnates had covered Match-Trade's unique offering in a previous post last year. Some of the key features of Match-Trade’s offering included the ability to execute over 50,000 transactions per second, and direct order matching between market participants. The company provides a FIX API for retail traders and 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 takers, with full order book details available via the FIX protocol. In addition, the company offers a free MT4 Bridge Bridge The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat Read this Term, also via FIX, for its institutional clients, and provides a lite-version of its web-based Match-Trader platform.