GCEX Introduces Market Data Feed Covering CFDs, FX, and Cryptos

Thursday, 10/10/2024 | 08:31 GMT by Tareq Sikder
  • The firm released an updated CFD product with tighter spreads on key indices and commodities.
  • The XplorDigital suite, with 'Crypto in a Box' and 'Broker in a Box,' supports brokerage operations and compliance.
gcex

GCEX, a regulated digital prime brokerage, has introduced an enhanced market data feed solution. This new service covers a wide range of products, including Equity Index CFDs, Energy CFDs, Commodity CFDs, Crypto CFDs, Spot FX, and Bullion.

Clients can now access real-time market data without restrictions, allowing brokers, funds, and professional traders to redistribute this data with greater flexibility.

Introducing New Data Feed

The data feed accompanies GCEX's existing brokerage services, though opening a trading account is not required. Additionally, the cost of the data can be offset against trading commissions on any product, providing a potential benefit for active participants.

Lars Holst, CEO and Founder, GCEX
Lars Holst, CEO and Founder, GCEX

Alongside this, GCEX has launched an improved CFD product. This product offers competitive spreads on major indices and commodities. For instance, the DAX 30 has a target spread of 0.45, the US 30 has a target spread of 0.9, and US and UK Oil have target spreads of 0.01.

"At GCEX, our mission is to empower clients with unparalleled trading solutions," said Lars Holst, Founder and CEO of GCEX.

"The release of our comprehensive market data feed and competitive CFD product is a testament to our commitment to innovation and client-centric services. We understand the critical role that timely and accurate market data together with market-leading spreads play in trading strategies, and we're excited to provide these solutions.”

Meanwhile, GCEX has appointed Jonathan Brewer as Chief Revenue Officer, as reported by Finance Magnates. In his new position, Brewer will focus on growth from institutional and professional clients across all GCEX entities, including those in the UK, Denmark, and UAE. He will collaborate with the CEO on the growth strategy.

Technology Solutions Suite

This launch reflects GCEX’s strategy to enhance its offerings. The company already provides access to deep liquidity on digital assets and FX, along with spot trading and digital asset conversion, and is now expanding access to essential market data.

GCEX also offers technology solutions under its XplorDigital suite, which includes ‘Crypto in a Box’ and ‘Broker in a Box.’ These platforms cover regulatory needs, custody solutions, liquidity, and risk management, offering tools for brokers to meet the demands of modern trading environments.

Headquartered in London, GCEX operates globally and is regulated by the UK’s Financial Conduct Authority (FCA ). It is registered with the Danish Financial Supervisory Authority (FSA) and holds a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority.

GCEX, a regulated digital prime brokerage, has introduced an enhanced market data feed solution. This new service covers a wide range of products, including Equity Index CFDs, Energy CFDs, Commodity CFDs, Crypto CFDs, Spot FX, and Bullion.

Clients can now access real-time market data without restrictions, allowing brokers, funds, and professional traders to redistribute this data with greater flexibility.

Introducing New Data Feed

The data feed accompanies GCEX's existing brokerage services, though opening a trading account is not required. Additionally, the cost of the data can be offset against trading commissions on any product, providing a potential benefit for active participants.

Lars Holst, CEO and Founder, GCEX
Lars Holst, CEO and Founder, GCEX

Alongside this, GCEX has launched an improved CFD product. This product offers competitive spreads on major indices and commodities. For instance, the DAX 30 has a target spread of 0.45, the US 30 has a target spread of 0.9, and US and UK Oil have target spreads of 0.01.

"At GCEX, our mission is to empower clients with unparalleled trading solutions," said Lars Holst, Founder and CEO of GCEX.

"The release of our comprehensive market data feed and competitive CFD product is a testament to our commitment to innovation and client-centric services. We understand the critical role that timely and accurate market data together with market-leading spreads play in trading strategies, and we're excited to provide these solutions.”

Meanwhile, GCEX has appointed Jonathan Brewer as Chief Revenue Officer, as reported by Finance Magnates. In his new position, Brewer will focus on growth from institutional and professional clients across all GCEX entities, including those in the UK, Denmark, and UAE. He will collaborate with the CEO on the growth strategy.

Technology Solutions Suite

This launch reflects GCEX’s strategy to enhance its offerings. The company already provides access to deep liquidity on digital assets and FX, along with spot trading and digital asset conversion, and is now expanding access to essential market data.

GCEX also offers technology solutions under its XplorDigital suite, which includes ‘Crypto in a Box’ and ‘Broker in a Box.’ These platforms cover regulatory needs, custody solutions, liquidity, and risk management, offering tools for brokers to meet the demands of modern trading environments.

Headquartered in London, GCEX operates globally and is regulated by the UK’s Financial Conduct Authority (FCA ). It is registered with the Danish Financial Supervisory Authority (FSA) and holds a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority.

About the Author: Tareq Sikder
Tareq Sikder
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A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

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