CFH and Gold-i Team Up for Liquidity Distribution to Institutional Clients

by Finance Magnates Staff
  • Real-time trade notification and allocation now available for hedge funds and asset managers
CFH and Gold-i Team Up for Liquidity Distribution to Institutional Clients

Prime-of-prime brokerage CFH Clearing, has joined the Gold-i Matrix NETwork, enabling its multi-asset Liquidity to be available through Gold-i’s technology, the firm announced today.

CFH has one of the broadest ranges of asset classes in the industry and was keen to join Gold-i’s Matrix NETwork to extend its distribution to institutional clients, particularly to hedge funds and asset managers worldwide.

Matrix Net is an extension of Gold-i’s multi-asset liquidity management platform, Matrix. Gold-i Matrix offers multiple routing and aggregation methods, leveraging connections with over 70 Liquidity Providers.

Through Matrix NET, CFH can offer a direct connection to the Fund Manager via FIX API, removing the latency a Trading Platform can add. The CFH and Matrix NET integration ensures trade handling with the MT4/5 server and reflects the trade(s) and the allocation(s) directly on the investor’s MT4/5 accounts. This practice ensures further transparency in trading, P/L visibility, reporting and other important aspects for the underlying clients and investors.

“As a leading multi-asset Liquidity Provider, with a very competitive and robust offering, we are delighted to be extending our distribution to Gold-i’s high calibre, global network of institutional clients, hedge funds and asset managers. CFH has worked closely with Gold-i for many years and this latest development further cements our partnership”, Paul Groves, Head of European Sales, CFH says.

He adds that a key driver for joining Gold-i’s Matrix Network was to strengthen CFH’s offering for Fund Managers and that a significant number of clients and investors might wish to see their positions and reports in a more familiar platform like MT4 or MT5.

Grove explains that through Matrix NET, CFH is able to enhance its offering, especially to Fund Managers, who will continue having a unique ability to trade using their own sophisticated trading platforms and at the same time, reflect these trades on MT4 or MT5 platforms. “This is achieved via various post trade notification and allocation techniques”, he notes.

Extending client bases beyond the retail broker space

“CFH has an excellent global reputation and we are very proud to offer their pricing through Gold-i’s Matrix Net. This will add value to our clients and provide them with further choice in a range of asset classes. It also bolsters the long-term partnership between Gold-i and CFH as both firms continue to seek opportunities to extend our client bases beyond the retail broker space,” says Tom Higgins, CEO at Gold-i.

In addition to serving the Fund Managers who wish to continue following their own trading practices and strategies on their proprietary platforms, the CFH and Matrix NET integration also caters to their clients and investors, who might prefer to see the full details in a more familiar system, like MT4 or MT5.

Quotes and orders are sent over the low latency FIX connection from CFH directly to the Fund Manager, further reducing any delays, which an additional platform can add.

Orders sent over this channel and executed with CFH as a Liquidity Provider, are confirmed back to the trader. At the same time, Matrix NET communicates with the MT4/5 server and reflects the trade(s) and the allocation(s) directly on the investor’s MT4/5 accounts.

Prime-of-prime brokerage CFH Clearing, has joined the Gold-i Matrix NETwork, enabling its multi-asset Liquidity to be available through Gold-i’s technology, the firm announced today.

CFH has one of the broadest ranges of asset classes in the industry and was keen to join Gold-i’s Matrix NETwork to extend its distribution to institutional clients, particularly to hedge funds and asset managers worldwide.

Matrix Net is an extension of Gold-i’s multi-asset liquidity management platform, Matrix. Gold-i Matrix offers multiple routing and aggregation methods, leveraging connections with over 70 Liquidity Providers.

Through Matrix NET, CFH can offer a direct connection to the Fund Manager via FIX API, removing the latency a Trading Platform can add. The CFH and Matrix NET integration ensures trade handling with the MT4/5 server and reflects the trade(s) and the allocation(s) directly on the investor’s MT4/5 accounts. This practice ensures further transparency in trading, P/L visibility, reporting and other important aspects for the underlying clients and investors.

“As a leading multi-asset Liquidity Provider, with a very competitive and robust offering, we are delighted to be extending our distribution to Gold-i’s high calibre, global network of institutional clients, hedge funds and asset managers. CFH has worked closely with Gold-i for many years and this latest development further cements our partnership”, Paul Groves, Head of European Sales, CFH says.

He adds that a key driver for joining Gold-i’s Matrix Network was to strengthen CFH’s offering for Fund Managers and that a significant number of clients and investors might wish to see their positions and reports in a more familiar platform like MT4 or MT5.

Grove explains that through Matrix NET, CFH is able to enhance its offering, especially to Fund Managers, who will continue having a unique ability to trade using their own sophisticated trading platforms and at the same time, reflect these trades on MT4 or MT5 platforms. “This is achieved via various post trade notification and allocation techniques”, he notes.

Extending client bases beyond the retail broker space

“CFH has an excellent global reputation and we are very proud to offer their pricing through Gold-i’s Matrix Net. This will add value to our clients and provide them with further choice in a range of asset classes. It also bolsters the long-term partnership between Gold-i and CFH as both firms continue to seek opportunities to extend our client bases beyond the retail broker space,” says Tom Higgins, CEO at Gold-i.

In addition to serving the Fund Managers who wish to continue following their own trading practices and strategies on their proprietary platforms, the CFH and Matrix NET integration also caters to their clients and investors, who might prefer to see the full details in a more familiar system, like MT4 or MT5.

Quotes and orders are sent over the low latency FIX connection from CFH directly to the Fund Manager, further reducing any delays, which an additional platform can add.

Orders sent over this channel and executed with CFH as a Liquidity Provider, are confirmed back to the trader. At the same time, Matrix NET communicates with the MT4/5 server and reflects the trade(s) and the allocation(s) directly on the investor’s MT4/5 accounts.

About the Author: Finance Magnates Staff
Finance Magnates Staff
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About the Author: Finance Magnates Staff
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