Online trading broker XS.com announced today (Tuesday) it has partnered with technology provider Centroid Solutions to expand access to its liquidity services for retail brokers worldwide.

XS.com Teams Up with Centroid to Expand Broker Access

The deal integrates Centroid into XS.com's distribution network, allowing the technology firm's broker clients to tap into XS.com's multi-asset liquidity across Forex, metals, energy, commodities, indices and CFD shares.

The partnership fits into XS.com's broader push to extend its B2B services to more brokers globally. The company has positioned itself as a liquidity provider serving both institutional investors and retail broker networks.

"We look forward to this partnership with Centroid to deliver even greater value and satisfaction to our clients," said Wael Hammad, XS.com's chief commercial officer. "This collaboration will allow us to extend our reach to a growing number of brokers worldwide while ensuring the highest quality and standards."

In the meantime, the brokerage has opened a new office in Kuwait as part of its ongoing expansion in the Middle East. The location will serve as a regional hub for customer support and business development.

Technology Integration

For Centroid, adding XS.com expands the liquidity options available through its technology platform. The firm's Bridge system already connects brokers to multiple liquidity sources and execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term venues.

"We are thrilled to welcome XS.com to the Centroid ecosystem, and excited to add a recognized market leader as a liquidity provider in our growing trading community," said Cristian Vlasceanu, Centroid Solutions CEO.

The technical integration allows Centroid's broker clients to access XS.com's liquidity pool through the Bridge platform's connectivity infrastructure. Brokers can route orders through Centroid's system to tap into XS.com's pricing and execution capabilities across multiple asset classes.

This type of partnership has become common in the brokerage technology space as 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 seek to expand their distribution while technology firms look to offer their clients access to more execution venues and pricing sources.

Centroid Solutions has recently formed a partnership with EAERA to support forex brokers and proprietary trading firms. The collaboration aims to combine the capabilities of both companies to offer integrated technology solutions for trading operations and business management.