oneZero Adds FXCM Pro to Its Hub Infrastructure
- The brokerage is hoping to broaden its client base with this partnership.
Financial services technology provider, oneZero has partnered with FXCM Pro to integrate the institutional brokerage’s FX and CFD pricing within the oneZero Hub infrastructure.
Announced on Thursday, this partnership between the two came following their collaboration in other areas. FXCM Pro is now optimistic to reach a wider client base with oneZero’s services.
“Joining oneZero’s market-leading EcoSystem presents an exciting opportunity for both us and our clients,” Mario Sanchez, Managing Director and Global Head of FXCM Pro Sales, said. “2020 has been a very fruitful year for FXCM Pro in regards to forming new partnerships with technology providers, and this latest one with oneZero marks the next exciting step of the journey.”
FXCM Pro is the institution-focused arm of similarly named FXCM. Its offerings include wholesale 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 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 services for retail brokers, small hedge funds, and emerging market banks. Additionally, it provides prime brokerage services via FXCM Prime.
“If the previous six months have shown us anything, it is that brokers’ technology and efficiency has to be the greatest area of focus. Brokers need to ensure that when instances like the events of 2020 occur, and interest from traders grows, they are in a position to onboard clients quickly and efficiently,” Sanchez added.
Providing Technology to Trading Industry
On the other hand, oneZero is easing the technological requirements of the institutions, offering many aggregator services. It caters to over 200 clients under its multi-asset class liquidity distribution channel.
Recently, the company allowed its clients to select multiple post-trade regulatory vendors on its Ecosystem for reporting in multiple jurisdictions.
“I am delighted that FXCM Pro has joined our EcoSystem, which will give a greater number of customers the choice to access FXCM Pro’s services in a scalable way,” oneZero Co-founder and CEO, Andrew Ralich said.
Financial services technology provider, oneZero has partnered with FXCM Pro to integrate the institutional brokerage’s FX and CFD pricing within the oneZero Hub infrastructure.
Announced on Thursday, this partnership between the two came following their collaboration in other areas. FXCM Pro is now optimistic to reach a wider client base with oneZero’s services.
“Joining oneZero’s market-leading EcoSystem presents an exciting opportunity for both us and our clients,” Mario Sanchez, Managing Director and Global Head of FXCM Pro Sales, said. “2020 has been a very fruitful year for FXCM Pro in regards to forming new partnerships with technology providers, and this latest one with oneZero marks the next exciting step of the journey.”
FXCM Pro is the institution-focused arm of similarly named FXCM. Its offerings include wholesale 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 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 services for retail brokers, small hedge funds, and emerging market banks. Additionally, it provides prime brokerage services via FXCM Prime.
“If the previous six months have shown us anything, it is that brokers’ technology and efficiency has to be the greatest area of focus. Brokers need to ensure that when instances like the events of 2020 occur, and interest from traders grows, they are in a position to onboard clients quickly and efficiently,” Sanchez added.
Providing Technology to Trading Industry
On the other hand, oneZero is easing the technological requirements of the institutions, offering many aggregator services. It caters to over 200 clients under its multi-asset class liquidity distribution channel.
Recently, the company allowed its clients to select multiple post-trade regulatory vendors on its Ecosystem for reporting in multiple jurisdictions.
“I am delighted that FXCM Pro has joined our EcoSystem, which will give a greater number of customers the choice to access FXCM Pro’s services in a scalable way,” oneZero Co-founder and CEO, Andrew Ralich said.