Centroid Adds BITA Index Suite in Trading Platform Push

Thursday, 12/12/2024 | 07:54 GMT by Damian Chmiel
  • Centroid Solutions and BITA have formed a strategic partnership to integrate index technology solutions.
  • The collaboration enables seamless access to diverse index-based CFD products through Centroid's connectivity platform.
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Centroid Solutions has integrated BITA's index technology into its connectivity platform, enabling broader access to customized trading products and index-based solutions for financial institutions.

Centroid and BITA Join Forces to Expand Index Trading Solutions

The partnership allows Centroid's clients to access BITA's suite of indices through the Centroid Bridge platform, spanning equity, cryptocurrency, commodity, and forex-based CFDs.

The collaboration enhances Centroid's market connectivity infrastructure while expanding BITA's reach in the index technology space. The integration focuses on delivering thematic and regional indices alongside specialized financial products.

Cristian Vlasceanu, Centroid Solutions CEO
Cristian Vlasceanu, Centroid Solutions CEO, Source: LinkedIn

"BITA's innovative approach to indexing aligns perfectly with our goal of providing comprehensive, reliable market connectivity and risk management solutions," said Cristian Vlasceanu, Centroid Solutions CEO.

The new integration introduces a diverse range of index-based CFD products, including:

  • Thematic equity-based instruments
  • Digital asset exposure vehicles
  • Global commodity indices
  • Multi-currency trading solutions

“Our partnership with Centroid Solutions underscores BITA’s commitment to delivering innovative exposures to the trading community,” added Victor Hugo Gomez, CEO of BITA. “With Centroid’s strong connectivity engine, clients can leverage our indexes across a variety of asset classes, including thematic and emerging market trends.”

BITA has a history of collaborating with various FX and CFD brokers, including Plus500. Last year, the company expanded its offerings by introducing the BITA Artificial Intelligence US Giants Index (BAIGUI), adding to the range of financial instruments available to its clients.

New Partnerships

Centroid Solutions has announced a series of partnerships and integrations over the past month, and BITA’s collaboration is the fourth one within this period.

Recently, Centroid and eToro have focused on expanding their offerings in the Middle Eastern financial markets. eToro partnered with the Abu Dhabi Securities Exchange (ADX) to add ADX-listed stocks to its platform, while Centroid integrated Aljazira Capital, granting clients access to Saudi Arabian financial markets.

Earlier in December, Centroid integrated Financial Modeling Prep’s (FMP) financial data services into its trading infrastructure, enhancing its market data offerings for institutional clients.

In November, the company expanded its market access in the United Arab Emirates through an integration with Arqaam Capital. This move enabled access to major GCC exchanges, including ADX, Dubai Financial Market (DFM), and Nasdaq Dubai.

Centroid Solutions has integrated BITA's index technology into its connectivity platform, enabling broader access to customized trading products and index-based solutions for financial institutions.

Centroid and BITA Join Forces to Expand Index Trading Solutions

The partnership allows Centroid's clients to access BITA's suite of indices through the Centroid Bridge platform, spanning equity, cryptocurrency, commodity, and forex-based CFDs.

The collaboration enhances Centroid's market connectivity infrastructure while expanding BITA's reach in the index technology space. The integration focuses on delivering thematic and regional indices alongside specialized financial products.

Cristian Vlasceanu, Centroid Solutions CEO
Cristian Vlasceanu, Centroid Solutions CEO, Source: LinkedIn

"BITA's innovative approach to indexing aligns perfectly with our goal of providing comprehensive, reliable market connectivity and risk management solutions," said Cristian Vlasceanu, Centroid Solutions CEO.

The new integration introduces a diverse range of index-based CFD products, including:

  • Thematic equity-based instruments
  • Digital asset exposure vehicles
  • Global commodity indices
  • Multi-currency trading solutions

“Our partnership with Centroid Solutions underscores BITA’s commitment to delivering innovative exposures to the trading community,” added Victor Hugo Gomez, CEO of BITA. “With Centroid’s strong connectivity engine, clients can leverage our indexes across a variety of asset classes, including thematic and emerging market trends.”

BITA has a history of collaborating with various FX and CFD brokers, including Plus500. Last year, the company expanded its offerings by introducing the BITA Artificial Intelligence US Giants Index (BAIGUI), adding to the range of financial instruments available to its clients.

New Partnerships

Centroid Solutions has announced a series of partnerships and integrations over the past month, and BITA’s collaboration is the fourth one within this period.

Recently, Centroid and eToro have focused on expanding their offerings in the Middle Eastern financial markets. eToro partnered with the Abu Dhabi Securities Exchange (ADX) to add ADX-listed stocks to its platform, while Centroid integrated Aljazira Capital, granting clients access to Saudi Arabian financial markets.

Earlier in December, Centroid integrated Financial Modeling Prep’s (FMP) financial data services into its trading infrastructure, enhancing its market data offerings for institutional clients.

In November, the company expanded its market access in the United Arab Emirates through an integration with Arqaam Capital. This move enabled access to major GCC exchanges, including ADX, Dubai Financial Market (DFM), and Nasdaq Dubai.

About the Author: Damian Chmiel
Damian Chmiel
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Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.

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