Stater Global Markets, a recently launched London-based prime of prime (PoP) brokerage, has announced its core technology partners as well as the introduction of CFDs on indices and commodities.
Ramy Soliman, CEO of Stater Global Markets, explains: “We have spent the last six months assessing the leading technology vendors in this industry across all key areas of the business – from front-end platforms and pricing aggregation tools to bridge and connectivity providers. Our strategy is to offer best of breed solutions to our client base and I am confident that our rigorous procurement process has enabled us to identify the highest quality technology partners.”
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In addition to Currenex, Integral and Flextrade have been selected as front-end platforms. Gold-i has been chosen as the bridge provider for Stater’s MT4 white label solution. FXecosystem, that recently set up a Point of Presence in HK1 (Hong Kong) and SG1 (Singapore), will provide connectivity. Stater Global Markets will use regulatory reporting services from NEX Abide.
Soliman continues: “We have not only been reviewing technology vendors but have also been assessing Liquidity Providers in order to offer a greater choice to clients. Our fund and retail broker clients, in particular, were keen for us to extend our product offering beyond Spot FX liquidity and this seemed a natural evolution for our business. We now offer CFDs in indices and commodities, with high quality pricing from our top tier non-bank counterparties.”