Hantec Markets Signs an Agreement with Gold-i To Provide Greater Access To Liquidity

Thursday, 04/07/2013 | 05:55 GMT by Andrew Saks McLeod
  • Following a test period, FCA regulated broker Hantec Markets has today announced that it has selected Gold-i as a technology provider in order to offer new liquidity providers to its client base in FX and Commodities
Hantec Markets Signs an Agreement with Gold-i To Provide Greater Access To Liquidity

Trading systems integrator and pricing bridge provider Gold-i has today formed an alliance with Hantec Markets in order for the broker to offer its client base greater access to deeper Liquidity when trading FX, gold, and oil.

Gold-i maintains the point of view that offering brokerages customized solutions in order to meet specific ends is valuable, but should be kept straight forward in order to ensure operational efficiency.

At this year’s iFXEXPO in Cyprus, Gold-i’s CEO Tom Higgins addressed a discussion panel during which the virtues of custom products as opposed to off-the-shelf solutions were debated. He explained “The nirvana for retail traders is a single platform where a trader can log on and see all asset classes and trade them all in the same place.”

According to a statement on behalf of Hantec Markets today in relation to the newly announced partnership, Hayel Abu-Hamdan, the firm’s COO explained: “Due to our growing client base and the increase in our trading volumes we needed to source new liquidity. The Liquidity Providers we chose recommended Gold-i, and we were delighted to partner with Gold-i after testing the super low latency Gold-i Gate Bridge. The service we have received from Gold-i has been excellent and we are already seeing strong volumes through the Bridge.”

“We have also taken the Gold-i MultiMAM. We tested MAMs from other organizations but Gold-i’s outperformed competitor products and also had far more functionality.”

Portfolio management software is an area in which Mr. Higgins has recently noticed a growth in demand. During the IFXEXPO he explained this to the delegates “We see a lot of server side integration, copy trading, and Multi-Account Managers. There is a lot of demand for back office integration so that databases can be managed and reports to regulators can be easily pulled off the system.”

On this basis, Hantec Markets’ partnership with Gold-i is a key part of the organization’s growth strategy. The brokerage has recently added more servers in order to cope with the demand on the system.

Mr. Abu-Hamdan continued: “With our new liquidity providers, we are seeing an increasing amount of business. As we continue to grow, we are hoping to add new asset classes and we are confident that we can offer a highly reliable and efficient service, thanks to the Gold-i Gate Bridge.”

Regarding Hantec Markets' decision, Mr. Higgins spoke in a corporate statement on behalf of Gold-i: “It’s a great endorsement that such a large and respected multinational brokerage as Hantec has taken a range of products from our portfolio. We are delighted to be working with them.”

download

Hayel Abu-Hamdan,
COO, Hantec Markets

An aspect worthy of note in this circumstance is that Gold-i is clearly still maintaining a clear interest in strategic partnerships with brokers as well as other technology providers, which the firm majored on over the last year. In December, an alliance was struck between Gold-i and Think IS in order to implement a more effective means of handling client activity and acquisition via the HQ business intelligence and CRM tool.

February saw the firm partner with Coverity to strengthen its research and development ability, and ensure stability of new releases. With the firm offering its own white label solution under CFH Markets secondary brokerage, Mr. Higgins confirmed at the time that the company’s focus continues to be on providing the appropriate tools to broaden opportunities for retail brokers.

Trading systems integrator and pricing bridge provider Gold-i has today formed an alliance with Hantec Markets in order for the broker to offer its client base greater access to deeper Liquidity when trading FX, gold, and oil.

Gold-i maintains the point of view that offering brokerages customized solutions in order to meet specific ends is valuable, but should be kept straight forward in order to ensure operational efficiency.

At this year’s iFXEXPO in Cyprus, Gold-i’s CEO Tom Higgins addressed a discussion panel during which the virtues of custom products as opposed to off-the-shelf solutions were debated. He explained “The nirvana for retail traders is a single platform where a trader can log on and see all asset classes and trade them all in the same place.”

According to a statement on behalf of Hantec Markets today in relation to the newly announced partnership, Hayel Abu-Hamdan, the firm’s COO explained: “Due to our growing client base and the increase in our trading volumes we needed to source new liquidity. The Liquidity Providers we chose recommended Gold-i, and we were delighted to partner with Gold-i after testing the super low latency Gold-i Gate Bridge. The service we have received from Gold-i has been excellent and we are already seeing strong volumes through the Bridge.”

“We have also taken the Gold-i MultiMAM. We tested MAMs from other organizations but Gold-i’s outperformed competitor products and also had far more functionality.”

Portfolio management software is an area in which Mr. Higgins has recently noticed a growth in demand. During the IFXEXPO he explained this to the delegates “We see a lot of server side integration, copy trading, and Multi-Account Managers. There is a lot of demand for back office integration so that databases can be managed and reports to regulators can be easily pulled off the system.”

On this basis, Hantec Markets’ partnership with Gold-i is a key part of the organization’s growth strategy. The brokerage has recently added more servers in order to cope with the demand on the system.

Mr. Abu-Hamdan continued: “With our new liquidity providers, we are seeing an increasing amount of business. As we continue to grow, we are hoping to add new asset classes and we are confident that we can offer a highly reliable and efficient service, thanks to the Gold-i Gate Bridge.”

Regarding Hantec Markets' decision, Mr. Higgins spoke in a corporate statement on behalf of Gold-i: “It’s a great endorsement that such a large and respected multinational brokerage as Hantec has taken a range of products from our portfolio. We are delighted to be working with them.”

download

Hayel Abu-Hamdan,
COO, Hantec Markets

An aspect worthy of note in this circumstance is that Gold-i is clearly still maintaining a clear interest in strategic partnerships with brokers as well as other technology providers, which the firm majored on over the last year. In December, an alliance was struck between Gold-i and Think IS in order to implement a more effective means of handling client activity and acquisition via the HQ business intelligence and CRM tool.

February saw the firm partner with Coverity to strengthen its research and development ability, and ensure stability of new releases. With the firm offering its own white label solution under CFH Markets secondary brokerage, Mr. Higgins confirmed at the time that the company’s focus continues to be on providing the appropriate tools to broaden opportunities for retail brokers.

About the Author: Andrew Saks McLeod
Andrew Saks McLeod
  • 661 Articles
About the Author: Andrew Saks McLeod
  • 661 Articles

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