Trading technology provider Centroid Solutions announced today (Wednesday) the integration of Financial Modeling Prep's (FMP) comprehensive financial data services into its trading infrastructure, expanding its market data capabilities for institutional clients.

Centroid Solutions Expands Market Data Offering with Financial Modeling Prep Integration

The integration enables brokers and financial institutions using Centroid Solution’s platform to access real-time and historical pricing data, company fundamentals, and market news directly through their trading interfaces. This enhancement comes as part of Centroid's strategy to provide more comprehensive trading solutions for its institutional clientele.

“By embedding FMP’s robust financial content data capabilities, the integration enables Centroid’s customers to access a wealth of critical financial insights seamlessly, enhancing decision-making and operational efficiency,” the company commented in the statement.

The new capabilities allow traders to:

• Access historical pricing across multiple asset classes
• Monitor real-time company fundamentals
• Track market news and updates
• Analyze financial statements and market trends

Centroid Solutions specializes in capital markets technology, offering multi-asset connectivity, risk management, and execution solutions to optimize financial institutions' operations and trading performance. Financial Modeling Prep provides financial data services through a dynamic platform, enabling institutions and traders to analyze market trends and make informed decisions with robust tools and data sets.

Recent Cooperations and Updates

Centroid Solutions has recently enhanced its clients' market access in the UAE through an integration with Arqaam Capital, now providing connectivity Connectivity Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Read this Term to the Abu Dhabi Securities Exchange (ADX), Dubai Financial Market (DFM), Nasdaq Dubai, and other GCC exchanges.

Additionally, in October, Exness, a forex and CFDs broker, expanded its B2B 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 offerings by adopting Centroid Solutions’ Centroid Bridge to deliver prime liquidity globally.

Meanwhile, Centroid Solutions has also integrated with SNB Capital, Saudi Arabia's largest investment bank, enabling international brokers to access the kingdom's growing equity market.