PrimeXM Partners with Tickstarter for Institutional Connectivity

PrimeXM, one of the leading technology providers in the FX industry, has kicked off a strategic partnership with Tickstarter. The new accord will help promote institutional connectivity for prime brokerages and hedge funds as part of an ongoing expansion.

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PrimeXM has undergone a series of initiatives in 2017 designed to grow its business and market penetration. Earlier this month, the group opened a London office, part of its bid to expand its solutions suite reach out to clients in different institutional segments.

In this latest deal, PrimeXM will look to explore mutually beneficial connectivity solutions for the institutional space. As a trading systems integrator, Tickstarter caters not only to retail venues, but prime of prime brokerages and hedge funds too.

Cristian Vlasceanu, PrimeXM CEO, commented: “We are happy to be partnering up with Tickstarter as we are confident that this new partnership will increase awareness for our technology. Tickstarter helps businesses remain up-to-date with the evolving landscape and we are positive that this partnership will be mutually beneficial.”

PrimeXM’s XCore service has been at the forefront of the industry, aggregating 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 providing connectivity to both MT4 and MT5. The firm also offers sophisticated Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term solutions through its premium locations in the most popular data centers used by the FX industry, such as Equinix LD4, NY4 and TY3.

The partnership will support Tickstarter’s team in growing out a new value proposition for new and existing clients – PrimeXM’s XCore service is seen as a major asset for the group.

“We are very proud of this collaboration as we have identified PrimeXM’s ubiquitous flagship product, the XCore, as the market leader for robust and scalable ultra-low latency multi-asset OTC and DMA connectivity, spearheading growth for all types of financial institutions permissible within the XCore ecosystem, from start-up retail brokerages to established prime of prime brokerages and hedge funds,” added Tickstarter CEO Stephen Murphy.