Gold-i Enables PoPs and LPs to Distribute Liquidity via Matrix Net

Wednesday, 04/04/2018 | 13:30 GMT by Victor Golovtchenko
  • The technology provider is opening up its network as it develops further its liquidity management platform
Gold-i Enables PoPs and LPs to Distribute Liquidity via Matrix Net
Bloomberg

Gold-i has announced an upgrade to its modular Liquidity management platform Matrix. The company has added a new functionality that enables prime of prime brokers and liquidity providers to distribute their multi-asset liquidity to brokers who use Gold-i’s Matrix, MT4 Bridge, and MT5 Gateway products.

The Matrix Net functionality enables the global client network of Gold-i’ to deliver liquidity distribution at what the company states are discounted costs.

Commenting on the launch, the CEO of Gold-i, Tom Higgins, said: “we have added Matrix Net following regular requests from Prime of Primes to open up our network to them.”

“Matrix Net helps them to increase their liquidity distribution capabilities and enables our broker clients to access liquidity in an optimal way. We expect significant interest from major liquidity providers and larger brokers who are looking to provide their own liquidity,” Higgins explained.

Multi-asset class solution

Gold-i’s latest product supports FX, CFDs, and Cryptocurrencies under one umbrella. The evolution of the needs of the retail brokerage industry requires technology that can accommodate several different asset classes in one product.

Gold-i’s bridge to MT4 and MT5 along with the company’s Crypto Switch product launched last year secured brokers with a diversified product offering from the cryptocurrency side. With volatility in the cryptocurrency space, unabating traders are looking towards alternative asset classes.

The cryptocurrency shift that started in the final quarter of the year, imploded in the first quarter of this year. As volatility in FX and stocks picked up materially traders were less keen to commit substantial funds to trading cryptocurrencies when compared to the final quarter of 2017.

Gold-i has announced an upgrade to its modular Liquidity management platform Matrix. The company has added a new functionality that enables prime of prime brokers and liquidity providers to distribute their multi-asset liquidity to brokers who use Gold-i’s Matrix, MT4 Bridge, and MT5 Gateway products.

The Matrix Net functionality enables the global client network of Gold-i’ to deliver liquidity distribution at what the company states are discounted costs.

Commenting on the launch, the CEO of Gold-i, Tom Higgins, said: “we have added Matrix Net following regular requests from Prime of Primes to open up our network to them.”

“Matrix Net helps them to increase their liquidity distribution capabilities and enables our broker clients to access liquidity in an optimal way. We expect significant interest from major liquidity providers and larger brokers who are looking to provide their own liquidity,” Higgins explained.

Multi-asset class solution

Gold-i’s latest product supports FX, CFDs, and Cryptocurrencies under one umbrella. The evolution of the needs of the retail brokerage industry requires technology that can accommodate several different asset classes in one product.

Gold-i’s bridge to MT4 and MT5 along with the company’s Crypto Switch product launched last year secured brokers with a diversified product offering from the cryptocurrency side. With volatility in the cryptocurrency space, unabating traders are looking towards alternative asset classes.

The cryptocurrency shift that started in the final quarter of the year, imploded in the first quarter of this year. As volatility in FX and stocks picked up materially traders were less keen to commit substantial funds to trading cryptocurrencies when compared to the final quarter of 2017.

About the Author: Victor Golovtchenko
Victor Golovtchenko
  • 3424 Articles
  • 18 Followers
About the Author: Victor Golovtchenko
Victor Golovtchenko: Key voice in crypto and FX, providing cutting-edge market analysis.
  • 3424 Articles
  • 18 Followers

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