X Financial Solutions Rebranded as X Open Hub Limited

X Financial Solutions, today announced that the company is changing its name to the same name as its flagship product, X Open Hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term.

The company name change is aimed at strengthening the brand's recognition, to demonstrate its focus on its X Open Hub platform and to emphasize the openness of their product, according to an announcement made to Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates.

Jakub Zablocki, Managing Director of X Open Hub Limited, commented in the announcement: "The X Financial Solutions' brand name no longer reflects our strategy. We are not a 3rd party solution provider. Our focus is 100% on offering our open trading software to the industry, allowing all participants to develop and integrate their own products and solutions."

MT4i, Tradency, Zulutrade and Robotero are some of the non-brokerage technology partners utilizing X Open Hub’s API.

The name change coincides with a launch of a new company website, www.xopenhub.pro.