Devexperts announced on Wednesday that it has integrated the aggregation liquidity hub of Centroid Solutions to its stock and forex trading platform, DXtrade.
The integration is now offering direct access to Centroid’s ultra-low latency liquidity aggregation engine, along with connectivity options to more than 100 market-makers, to forex and CFDs brokers using DXtrade, the press release shared with Finance Magnates detailed.
“We are delighted to have completed the integration with DXtrade and establish this partnership with Devexperts, a long-time innovator for trading solutions,” said Cristian Vlasceanu, Centroid Solutions CEO.
Centroid’s offerings include a liquidity network along with risk management software to consolidate and analyze real-time trading data. Both Centroid and Devexperts are expecting benefits to both brokers and traders with their freshly-inked partnership.
“Through our Centroid Gateways system, we aim to be the de facto connectivity engine for multi-asset brokerage houses, sitting at the core of the trading infrastructure, and facilitate seamless interaction between market participants. We have no doubt that our customers will benefit from this integration, and we will continue to deliver functionality that provides a competitive edge,” Vlasceanu added.
Liquidity Is Necessary
Meanwhile, Devexperts remains heavily focused on increasing liquidity offerings with its trading platform. Earlier, the technology provider integrated the solutions of Match-Trade Technologies, FXCM Pro, GCEX and others to enhance the offered liquidity pool.
“As the retail trading platform segment has been somewhat stagnant for years, a few months ago we rolled out a new trading platform, DXtrade. It is affordable for start-up and growing brokers and raises the bar for trading platforms while bringing significant improvements into this segment,” Denis Kozlov, VP of Business Development at Devexperts, said.
“We’ve consolidated all our expertise collected for the past 20 years of work with large brokers into DXtrade and are extremely happy that such a strong partner as Centroid is already integrated with it and supporting the rollout of this platform.”
