Liquidity provider and prime brokerage firm Finalto has partnered with Trive South Africa in its effort to boost operations in the African financial markets. In a statement released today (Friday), Finalto said that the collaboration brings liquidity solutions to Trive South Africa's clients and enhances its trading ecosystem.

OTC Derivative Provider Regulatory Status

Through this partnership, Finalto will provide Trive South Africa with liquidity solutions and over-the-counter derivative provider regulatory status. This initiative reportedly ensures Trive's clients remain compliant and efficient, benefiting from superior trading conditions that drive more profitable opportunities.

Speaking about the new collaboration, Marius Grobler, the CEO of Trive South Africa, said: "Trive is pleased to announce its partnership with Finalto's 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 and Prime Brokerage services. Special thanks to Finalto Africa CEO Dany Mawas and the team for the smooth onboarding process. We look forward to a long and successful partnership together."

Trive SA's decision to enter this partnership highlights its commitment to enhancing clients' trading experience by providing an ODP-compliant execution venue. This collaboration aims to ensure that clients benefit from more efficient and profitable trading opportunities.

"Finalto is committed to delivering innovative and compliant liquidity solutions across the globe. Our partnership with Trive South Africa is a testament to our dedication to expanding our footprint in South Africa. We are excited to support Trive South Africa in providing top-tier and fully ODP-compliant liquidity solutions to their clients," Dany Mawas, the CEO of Finalto Africa, added.

Finalto Expands Services Globally

The latest announcement comes as Finalto expands its business globally. In May, Finalto Asia announced that it was moving to a new office at 79 Anson Road UE BizHub, Singapore. This expansion highlighted Finalto's effort to strengthen its presence in Asia.

Finalto Asia also collaborated with oneZero Financial Systems in March to boost their partnership by enhancing liquidity offerings for users in the Asia-Pacific region. The deal involved adding the Equinix Tokyo data center Data Center A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more Read this Term to oneZero's existing infrastructure in New York and London.

Elsewhere, Finalto Group integrated its prime of prime service with the London Stock Exchange Group's FX matching platform. This initiative allows institutional clients to access FX Matching's liquidity pool, mitigate risks, and optimize their portfolios.