FXCM Pro, the institutional arm of FXCM, announced its partnership today (Wednesday) with trading technology provider Your Bourse to provide ultra-low latency execution to traders.
FXCM Pro Taps Your Bourse
Under the partnership, FXCM Pro and FXCM clients will benefit from Your Bourse’s Matching Engine, which will offer an order processing time of two microseconds per order. On top of that, it will allow the creation of a new FIX session in less than 20 seconds.
“We are committed to working with the best firms to provide clients with the features and tools they need to succeed,” said Mario Sanchez, the Managing Director and Global Head of FXCM Pro Sales.
“Our clients will now be able [to] connect to FXCM via Your Bourse’s FIX API server or connect their MT4 or MT5 directly using Your Bourse’s MT4 Bridge or MT5 Gateway. By combining our deep liquidity with Your Bourse’s speed and flexibility, we are able to offer an even more comprehensive range of services to our customers.”
Enhancing Services
FXCM Pro provides retail brokers, small hedge funds, and emerging market banks access to wholesale execution and liquidity. Moreover, it offers prime brokerage services under the FXCM Prime brand.
With the latest partnership, FXCM Pro will distribute its institutional liquidity directly to Your Bourse clients.
Your Bourse operates as a platform-as-a-service covering multi-asset liquidity aggregation, a matching engine, and many more. Its services are targeted at forex, contracts for differences (CFDs), and cryptocurrency brokers. Moreover, it added floating leverage and floating commissions to its execution engine and risk management platform.
“Our partnership with FXCM represents a significant advancement for Your Bourse and our clients, reflecting our commitment to delivering exceptional services,” Elina Pedersen, the CRO of Your Bourse, said. “By leveraging the extensive functionality offered by Your Bourse, FXCM Pro will greatly enhance the provision of direct liquidity to its clients, solidifying our commitment to delivering top-tier services in the financial industry.”
