FXCM Pro, the institutional arm of online FX provider FXCM Group, LLC , announced today that it has partnered with Singapore-based technology provider Tradesocio.
FXCM revealed that the collaboration will provide banks, brokers, asset managers, and other buy-side institutions, with a full fintech solution combining digital investment and trading technology from Tradesocio with institutional 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 and global scale from FXCM Pro.
FXCM Pro said that its institutional liquidity will become available to Tradesocio’s client base in New York and London. In return, FXCM Pro’s clients have access to Tradesocio’s customisable trading technology, providing automated and fast track investing for its clients.
Smoother trading in high volatilty times
The move provides a smoother trading experience during a time of high volatility and increased trading activity, according to the announcement.
The firm noted that particularly during challenging times, optimal trading technologies are vital for clients in cutting down operational costs while still retaining high levels of efficiency and liquidity in their trades.
Tradesocio’s Investor Trading Platform
Trading Platform
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real
Read this Term provides clients with accurate real-time data, reporting tools and an advanced infrastructure for trading. The platform is fully customisable and can be scaled in line with a broker’s growth requirements, without disruption to its services.
By partnering with Tradesocio, FXCM Pro will ensure its clients keep pace with the highly competitive broking and trading sectors while benefiting from being at the forefront of fintech innovation, the firm said.
Enabling clients to trade with confidence
“We are very excited about this partnership which combines a complete, front-to-back-end fintech solution from Tradesocio with FXCM’s state-of-the-art liquidity offering and risk tools. This partnership will enable brokerage firms, investment managers and hedge funds digitise their existing services, build a scalable mass affluent platform and tap into new revenue verticals,” Wael Salem, CEO at Tradesocio, said.
“Technology is undeniably playing a greater part in broking and widening participation, and as an industry, we are in a great position to reap the benefits of modern fintech solutions. This partnership shows how FXCM Pro continues to be at the forefront of adopting institutional-grade trading technology to ensure our clients are able to and trade with confidence and have some of the best tools at their disposal when it comes to sourcing liquidity and executing trades,” Mario Sanchez, managing director and global head of FXCM Pro Sales, added.
Tradesocio
Tradesocio offers digital technology that enables financial institutions worldwide to access, manage and provide investment management and brokerage solutions to their customers.
The firm provides end-to-end financial management offering, from development, hosting and maintenance, to security and post-sales technical support.
Tradesocio has grown from a start-up in 2015 to a global fintech company with over 150 employees, Operational HQs in Dubai and offices in Cyprus, India, and soon, London.
FXCM Pro, the institutional arm of online FX provider FXCM Group, LLC , announced today that it has partnered with Singapore-based technology provider Tradesocio.
FXCM revealed that the collaboration will provide banks, brokers, asset managers, and other buy-side institutions, with a full fintech solution combining digital investment and trading technology from Tradesocio with institutional 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 and global scale from FXCM Pro.
FXCM Pro said that its institutional liquidity will become available to Tradesocio’s client base in New York and London. In return, FXCM Pro’s clients have access to Tradesocio’s customisable trading technology, providing automated and fast track investing for its clients.
Smoother trading in high volatilty times
The move provides a smoother trading experience during a time of high volatility and increased trading activity, according to the announcement.
The firm noted that particularly during challenging times, optimal trading technologies are vital for clients in cutting down operational costs while still retaining high levels of efficiency and liquidity in their trades.
Tradesocio’s Investor Trading Platform
Trading Platform
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real
Read this Term provides clients with accurate real-time data, reporting tools and an advanced infrastructure for trading. The platform is fully customisable and can be scaled in line with a broker’s growth requirements, without disruption to its services.
By partnering with Tradesocio, FXCM Pro will ensure its clients keep pace with the highly competitive broking and trading sectors while benefiting from being at the forefront of fintech innovation, the firm said.
Enabling clients to trade with confidence
“We are very excited about this partnership which combines a complete, front-to-back-end fintech solution from Tradesocio with FXCM’s state-of-the-art liquidity offering and risk tools. This partnership will enable brokerage firms, investment managers and hedge funds digitise their existing services, build a scalable mass affluent platform and tap into new revenue verticals,” Wael Salem, CEO at Tradesocio, said.
“Technology is undeniably playing a greater part in broking and widening participation, and as an industry, we are in a great position to reap the benefits of modern fintech solutions. This partnership shows how FXCM Pro continues to be at the forefront of adopting institutional-grade trading technology to ensure our clients are able to and trade with confidence and have some of the best tools at their disposal when it comes to sourcing liquidity and executing trades,” Mario Sanchez, managing director and global head of FXCM Pro Sales, added.
Tradesocio
Tradesocio offers digital technology that enables financial institutions worldwide to access, manage and provide investment management and brokerage solutions to their customers.
The firm provides end-to-end financial management offering, from development, hosting and maintenance, to security and post-sales technical support.
Tradesocio has grown from a start-up in 2015 to a global fintech company with over 150 employees, Operational HQs in Dubai and offices in Cyprus, India, and soon, London.
