Celer Technologies Implements CMC Markets Direct API

Wednesday, 03/06/2020 | 08:42 GMT by Finance Magnates Staff
  • Celer's deployment of the direct API feed allows CMC's prices for almost 10,000 different instruments
Celer Technologies Implements CMC Markets Direct API
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CMC Markets Institutional, a provider of Liquidity and white label trading solutions, today announced an integration of its Direct API with the price distribution and order management platform of eFX trading solutions provider, Celer Technologies.

CMC Markets was established in 1989 and is now listed on the London Stock Exchange. The company is an online financial trading businesses serving retail and institutional clients through regulated offices and branches in 13 countries, with a significant presence in the UK, Australia, Germany and Singapore.

“Celer Tech’s deployment of the Direct API feed allows our prices for almost 10,000 different instruments, covering a range of indices, commodities, FX pairs, treasuries and singe stock CFDs to be integrated with wider pools of liquidity for those clients who elect to use this service. We see this as being an increasingly popular solution for those customers who are seeking multi-asset exposure, but find themselves constrained by the FX-centric provision of other Liquidity Providers ,” Richard Elston, head of institutional at CMC Markets, said.

The firm furthermore stated that CMC Markets liquidity can be displayed individually and alongside that of the other LPs who currently integrate with Celer Technology. Counterparty brokers need to establish relationships with the individual liquidity providers they wish to use, then have the flexibility to sculpt how this pricing data is integrated with their own trading systems. Many banks, brokers, market makers and ECNs are already using the Celer Technology platform.

Growing Celer's liquidity network

“CMC’s Direct API has integrated with our own technology stack in a seamless manner. Adding a high profile, multi-asset liquidity provider like this to our own infrastructure provides a real benefit for our clients who want to look beyond their core FX offering. As always we look forward to further growing our liquidity network in the future,” Rob Wing of Celer Technologies, noted.

Celer Technologies was launched in 2014. The firm provides modular based solutions to the market supporting clients from their London, Hong Kong and Toronto offices.

CMC Markets Institutional, a provider of Liquidity and white label trading solutions, today announced an integration of its Direct API with the price distribution and order management platform of eFX trading solutions provider, Celer Technologies.

CMC Markets was established in 1989 and is now listed on the London Stock Exchange. The company is an online financial trading businesses serving retail and institutional clients through regulated offices and branches in 13 countries, with a significant presence in the UK, Australia, Germany and Singapore.

“Celer Tech’s deployment of the Direct API feed allows our prices for almost 10,000 different instruments, covering a range of indices, commodities, FX pairs, treasuries and singe stock CFDs to be integrated with wider pools of liquidity for those clients who elect to use this service. We see this as being an increasingly popular solution for those customers who are seeking multi-asset exposure, but find themselves constrained by the FX-centric provision of other Liquidity Providers ,” Richard Elston, head of institutional at CMC Markets, said.

The firm furthermore stated that CMC Markets liquidity can be displayed individually and alongside that of the other LPs who currently integrate with Celer Technology. Counterparty brokers need to establish relationships with the individual liquidity providers they wish to use, then have the flexibility to sculpt how this pricing data is integrated with their own trading systems. Many banks, brokers, market makers and ECNs are already using the Celer Technology platform.

Growing Celer's liquidity network

“CMC’s Direct API has integrated with our own technology stack in a seamless manner. Adding a high profile, multi-asset liquidity provider like this to our own infrastructure provides a real benefit for our clients who want to look beyond their core FX offering. As always we look forward to further growing our liquidity network in the future,” Rob Wing of Celer Technologies, noted.

Celer Technologies was launched in 2014. The firm provides modular based solutions to the market supporting clients from their London, Hong Kong and Toronto offices.

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About the Author: Finance Magnates Staff
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