Fortex has integrated with Swissquote to enhance its Liquidity Hub ecosystem, providing trading companies access to deep liquidity pools. The partnership promises improved trading conditions, faster execution, and a seamless user experience for brokers.
Fortex Integrates with Swissquote to Enhance Liquidity Access for Brokers
The integration combines Fortex's trading technology and Swissquote's deep liquidity, promising various benefits for FX/CFDs companies. With this collaboration, brokers can now leverage Swissquote's liquidity pools, which are expected to result in tighter spreads and more competitive pricing, ultimately benefiting the end-users.
Moreover, the integration is designed to streamline trade execution processes, ensuring faster and more efficient transactions.
“This partnership aligns with our mission to provide brokers with superior trading technology and resources,” said Aris Christoforou, the Head of Marketing & Operations EMEA at Fortex. “The enhanced liquidity and improved trading conditions will significantly benefit our clients, enabling them to achieve better trading outcomes.”
Fortex Updates
This is another update from Fortex, following the financial technology company's introduction of four new features to their platform last month. A major addition is the integrated CFD FX trading, which enhances the variety of financial instruments accessible to brokers and fund managers, offering wider opportunities for diversification and flexibility in client portfolios.
Four months after launching the seventh version of its trading platform and updating the XForce mobile trading app, Fortex has also added new risk management features and introduced automated real-time dealing tools designed to improve brokers' efficiency and control.
Swissquote Partners with B2C2
In a separate update from today, Swissquote announced that it has partnered with the institutional liquidity provider for digital assets, B2C2, to deepen liquidity on its SQX exchange .
“SQX has proven itself as the biggest and strongest digital assets exchange in Switzerland, leading with greater liquidity and faster execution for our customers, strengthening our position as a recognized leader in crypto trading," said Jan De Schepper, the CSO of Swissquote. "We are delighted to have B2C2 as a strategic partner at our side. Together, we are committed to providing superior execution, enhanced transparency and an even better overall trading experience.”
Meanwhile, Swissquote aims to conclude 2024 with an annual revenue of CHF 595 million and a pre-tax profit of CHF 300 million. This target follows a year where the company's revenue rose by 30.2% to CHF 531.4 million, and pre-tax profit increased by 26% to CHF 270.9 million.