Alp Financial Ltd (AlpFin), a trading technology provider, has entered into a strategic partnership with Lucera Financial Infrastructures LLC, enhancing its service offerings with the integration of LumeFX technology. This collaboration is set to benefit AlpFin's institutional clients by bolstering trading strategies and optimizing performance within major data centers in London and New York.
A Strategic Technological Alliance of AlpFin and Lucera
Chris Ling, the CEO of AlpFin, expressed enthusiasm about the partnership, highlighting the company's initiative to improve Forex connectivity for its growing client base, particularly in emerging and frontier markets.
“Utilizing our advanced trading infrastructure and state-of-the-art connectivity , AlpFin is well-positioned to elevate its service offering. We are proud to be delivering unmatched market access at execution speeds rarely seen in today’s market,” Ling commented.
According to the press release, AlpFin's approach to client service and its advanced trading infrastructure are poised to offer faster market access and execution speeds. The decision to partner with Lucera was researched by AlpFin's liquidity management team, led by Andrea Sanna and supported by Stefan Chilingirian. What is more, the business recently expanded its liquidity and operations team, including appointing Ben Cross as the Senior Operation Analyst in London.
Peter Durkan, the CEO of Lucera, echoed this sentiment, emphasizing the synergy between the two firms' offerings and the enhanced trading experience for AlpFin's clients.
“LumeFX coupled with our high-performance global connectivity ensures AlpFin have access to a powerful on-demand offering 24/7,” Durkan commented. “We believe the combined service offerings complement each other to deliver an outstanding trading experience.”
AlpFin, headquartered in London's financial hub and regulated by the Financial Conduct Authority, is known for its liquidity in the FX institutional space.
Forex Brokers Work with Lucera
Numerous brokers also utilize LumeFX technology in the FX/CFD market. A few months ago, CMC Markets Connect joined Lucera's clientele to enhance its FX connectivity offering. Sam Horowitz, the Head of FX Distribution and Liquidity Management at CMC Connect, acknowledged the strategic importance of the partnership, stating that it allows CMC Connect to expand their network of current fix connectivity partners.
Towards the end of 2022, ATFX Connect additionally partnered with the company, switching to LumeFX technology to help their clients see better fill rates. Previously, Equiti Capital had joined the firm's growing list of clients.
