CFH Clearing, a liquidity provider for small and medium-sized institutional clients and an STP broker for high net worth and institutional clients, has announced a newly formed partnership with oneZero Financial Systems in an effort to expand the reach of its liquidity feed to a greater pool of accredited financial entities.
oneZero provides an automated solution for market connectivity and price distribution, which will help to streamline CFH Clearing’s offering of its liquidity from both New York (NY4) and London (LD4).
This expansion of the FX services and distribution network will make CFH Clearing’s liquidity also available to a broader set of market participants in the US and Australia including banks, brokers and fund managers.
TradeTech Group’s liquidity provider, CFH Clearing, will also benefit from oneZero’s EcoSystem, which encompasses over 150 participants, including banks, brokerages, and various hedge funds. Since all members use oneZero’s proprietary software, all of them will have access to liquidity at a lower rate.
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Further facilitating CFH Clearing’s liquidity access expansion is the fact that the company is one of just a few providers within the oneZero EcoSystem who offer multi-asset liquidity in one B2B feed and such a diverse list of assets for users to select.
Enabling clients’ access to such a broad list of derivative products under a unified technology and clearing solution is a highly progressive model both in terms of software and brokerage.
Commenting on the partnership, Andrew Ralich, CEO of oneZero Financial Systems said: “We have enjoyed working with CFH in London for years and are excited to help drive their global growth. They are a valuable partner, and it is great that our relationship continues to grow as their brokerage scales.”
Marc Levin, Chief Commercial Officer, CFH Clearing, added: “This complex integration takes our overall offering to the next level as clients can trade in both LD4 and NY4 with a single centralised back-office account. The ability to offer truly local liquidity in NY4 for the first time enhances our offer to institutional clients in the US and Australia wishing to connect and trade in NY4.”
He continued “oneZero is a trusted player with reliable and reputable technology capabilities. It made perfect sense for us to partner with a provider who is the market leader in the US and Australia, markets with such huge growth potential. Now we have a robust, scalable solution in place with oneZero and we believe this will be a key driver in furthering our growth globally.”