FXCubic, a London-based technology provider in the forex (FX) trading industry, announced on Wednesday the completion of the integration of CoinAPI, enabling its client to broaden its cryptocurrency offering.
FXCubic Integration of CoinAPO Focusing on Singular API
According to the press release, CoinAPI integrates all leading crypto exchanges under a single API, providing market data for more than 16,000 assets and 46,1000 updates per second. The latest partnership is expected to open new opportunities and horizons for online trading brokers to present crypto assets data.
"FXCubic's partnership with CoinAPI, a leading platform that essentially provides APIs to all cryptocurrency exchanges is one more step forward in providing our clients with the best Liquidity technology solutions in the market. FXCubic is committed to solving the business challenges our clients face, and to do this, we use innovation and functionalities in our technology solutions that give our clients the competitive edge they need to succeed," Ege Kozan, the CEO at FXCubic, said.
Additionally, Artur Pietrzyk, the Founder & CEO at CoinAPI, in the announcement shared with Finance Magnates, stated the partnership with FXCubic will allow the company to reach more brokers and expand its existing customer base.
Another Integration After Refinitiv Elektron
In addition, FXCubic, a low-latency and high-performance connectivity provider, made another integration in 2022, establishing cooperation with Refinitiv Elektron. It allows brokers and investment firms to offer their clients access to trading on physical stocks.
Refinitiv Elektron provides pricing and cross-asset market data, ensuring 9 million updates per second and tracking 84 million financial instruments. Moreover, the integration offered access to sovereign and corporate bond pricing from Tradeweb, Refinitiv's FXall and MarketAxess.
The London-based company announced in October that it had promoted Wassim Khateeb to the position of Chief Commercial Officer (CCO). Previously, he held the role of the Head of Business Development for the company. Khateeb joined FXCubic in July 2018, becoming Senior Business Development Manager.
Over the past few years, FXCubic has partnered with several brokers, including Libertex, Broctagon Prime, Exclusive Capital and M4Markets, offering its liquidity services.
