FXCubic, a London-based technology provider in the forex (FX) trading industry, announced on Wednesday the completion of a new integration with the provider of a multi-market trading platform, TraderEvolution Global Limited.
FXCubic and TraderEvolution Join Forces
According to the press release the company shared with Finance Magnates, the cooperation between FXCubic and TraderEvolution will allow brokers to create efficient and unique trading environments. With a strong emphasis on customization, both companies recognize the importance of building brokerage systems that are tailored to their client's specific needs and requirements.
"We are happy to partner with FXCubic, and enable the building of even more powerful and efficient trading system solutions for the brokerage industry. This partnership fulfills our commitment to our clients to provide them with the platform software with unparalleled connectivity to the most regarded trading, data, and technology venues in the industry to give them more and more flexibility in building their competitive advantage," Roman Nalivayko, the CEO at TraderEvolution, commented.
TraderEevolution provides brokers, banks and prop-trading companies with multi-market trading software solutions for execution and order management, including a backend server and a complete set of front-end trading applications that offer connectivity to dozens of markets across the world.
FXCubic is a major provider of innovative low-latency solutions, high-performance liquidity management systems, and advanced risk intelligence capabilities. The company's bridge technology is highly regarded in the FX industry for providing seamless connectivity and streamlining trading workflows.
FXCubic on Integration Spree
Last month, FXCubic reported on another integration with Hybrid Solution's online multi-asset trading platform, VertexFX Trader. The platform offers trading plugins, back office and white-label capabilities to market makers, brokers and commercial banks.
In late December 2022, the London-based technology provider enabled its client to broaden their cryptocurrency offering by integrating CoinAPI. CoinAPI gathers all leading crypto exchanges under a single API, providing market data for more than 16,000 assets and 46,100 updates per second.
Refinitiv Elektron has also recently become a partner of FXCubic. Thanks to this integration, the company's clients can offer trading in physical shares. Refinitiv Elektron offers cross-asset market and pricing data, and it provides 9 million price updates per second over 84 million instruments and 2.5 terabytes of real-time pricing daily.
Watch the recent FMLS22 panel on advances in trading technology.
Wassim Khateeb Becomes FXCubic New CCO
In October, FXCubic announced the promotion of Wassim Khateeb to Chief Commercial Officer (CCO). He was previously the Head of Business Development for the company, a position he started in February 2021. Though, originally, he joined the company in 2018 as a Senior Business Development Manager.
“We are constantly working on making our system interoperable and adding as many options as possible for our clients to choose from. FXCubic, has changed the fintech landscape over the last few years with the stability, unique features, numerous integrations, and high-performance of our bridging and aggregation solutions. Onboarding with TraderEvolution will extend our reach and empower our clients to offer more options to traders,” Katheeb commented on the recent integration with TraderEvolution.
A few months before the appointment of the new CCO, the company announced the hiring of Richard Bartlett as Head of Sales. Previously, Bartlett has been associated with PrimeXM, Centroid Solution and GMI Group, among others.