oneZero Partners with MAP Fintech for Research and Development

oneZero, a provider of institutional and retail foreign exchange (forex) liquidity and technology solutions, announced this Thursday that it has entered into a research and development partnership with MAP FinTech.

The collaboration between the two firms will focus on regulatory reporting relating to EMIR, MiFID II, MiFIR and Best Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term compliance. To achieve this, MAP FinTech’s reporting solution will be integrated with oneZero’s Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term Hub.

Commenting on the partnership, Andrew Ralich, the Chief Executive Officer (CEO) of oneZero, said, “Amidst an evolving regulatory landscape, we are excited to partner with MAP FinTech. Building on oneZero’s leading technology, we are supported by one of Europe’s principal financial services advisory groups."

“Their principal services combined with oneZero’s industry-leading data access utilities for brokers will help our clients remain compliant and thrive amidst change.”

Through the partnership, clients of both companies will have a faster onboarding process, better security and lower prices, the statement released today said.

We are very pleased to be working together with oneZero to co-develop essential tools for the financial services industry,” added Panayiotis Omirou, CEO of MAP FinTech.

“Beyond our individual efforts to provide the tools for our respective clients for them to comply efficiently and economically with the onerous financial regulatory requirements, we hope that via this joint R&D, we shall create a competitive advantage for our clients.”

oneZero Continues to Boost its Ecosystem

oneZero’s Ecosystem encompasses over 200 participants, including banks, brokerages, and various hedge funds. It is the largest global network of multi-asset class liquidity and a highly progressive model both in terms of software and the access it provides to a broad list of derivative products.

The FX and liquidity solution provider has announced a number of partnerships recently. This includes Rakuten Securities, who joined the liquidity hub to deliver contracts for difference (CFD) indices through MetaTrader 4 to its customers based in Australia, through its Aussie subsidiary Rakuten Securities Australia, as Finance Magnates reported.