Tullet Prebon's Chapdelaine FX Partners up with Gold-i to Offer FX Broker Liquidity
- Tullet Prebon's Chapdelaine FX division, is aiming to offer its spot FX liquidity via Gold-i's Gate Bridge to open the door for its institutional liquidity providers to international retail FX brokerages.
Tech solutions provider and one of the leading developers of bridging technology, Gold-i has issued a company statement announcing a partnership with Tullet Prebon’s institutional FX business division, Chapdelaine FX. The Gold-i Gate Bridge provides access to a variety of 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 providers (LPs) including banks, brokers and Electronic Communication Networks (ECNs) and according to the announcement it is now offering a choice between about 50 LPs.
Chapdelaine FX aims to offer its spot FX liquidity via Gold-i's Gate Bridge to open the door for its institutional Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term to international retail FX brokerages. The company serves as an agent in the FX space for global institutional customers. It offers a 24hr dealing desk and numerous Application Providing Interface (API) and connectivity options in FX. Back in March it teamed up with First Derivatives to provide a service that incorporates a broader client access through APIs, with the new liquidity hub supporting several proprietary and third party graphic user interfaces (GUIs), electronic communication networks (ECNs) and exchanges.
Managing Director, Desk Manager and Broker on the Chapdelaine FX desk, Douglas Borthwick, commented in the announcement, “Gold-i leads the market in terms of the performance, reliability and functionality of its Bridge. We are very excited to be working with Gold-i to offer our highly competitive liquidity to Gold-i’s clients via the Gold-i Gate Bridge. This is a great opportunity for us to broaden our reach.”
Gold-i's CEO, Tom Higgins, added, “This is yet another example of Gold-i using our market leading position to build partnerships with world leading organisations. We hope to build on our relationship by adding further Chapdelaine FX liquidity options to our portfolio in the not so distant future.”
Tech solutions provider and one of the leading developers of bridging technology, Gold-i has issued a company statement announcing a partnership with Tullet Prebon’s institutional FX business division, Chapdelaine FX. The Gold-i Gate Bridge provides access to a variety of 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 providers (LPs) including banks, brokers and Electronic Communication Networks (ECNs) and according to the announcement it is now offering a choice between about 50 LPs.
Chapdelaine FX aims to offer its spot FX liquidity via Gold-i's Gate Bridge to open the door for its institutional Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term to international retail FX brokerages. The company serves as an agent in the FX space for global institutional customers. It offers a 24hr dealing desk and numerous Application Providing Interface (API) and connectivity options in FX. Back in March it teamed up with First Derivatives to provide a service that incorporates a broader client access through APIs, with the new liquidity hub supporting several proprietary and third party graphic user interfaces (GUIs), electronic communication networks (ECNs) and exchanges.
Managing Director, Desk Manager and Broker on the Chapdelaine FX desk, Douglas Borthwick, commented in the announcement, “Gold-i leads the market in terms of the performance, reliability and functionality of its Bridge. We are very excited to be working with Gold-i to offer our highly competitive liquidity to Gold-i’s clients via the Gold-i Gate Bridge. This is a great opportunity for us to broaden our reach.”
Gold-i's CEO, Tom Higgins, added, “This is yet another example of Gold-i using our market leading position to build partnerships with world leading organisations. We hope to build on our relationship by adding further Chapdelaine FX liquidity options to our portfolio in the not so distant future.”