Tradesocio Signs Global Prime for Liquidity Distribution

AM technology provider Tradesocio today said it completed 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 integration with Sydney-based Prime of Prime broker ‘Global Prime Pty Ltd,’ further expanding its ecosystem of liquidity and tech solution providers.

As of today, Global Prime’s institutional liquidity will be available to Tradesocio’s global client network. Global Prime will be providing users of the platform with liquidity in FX and NDFs, as well as CFDs on indices, Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, and metals.

“We are pleased to welcome Global Prime as one of our liquidity providers and to expand our marketplace offering, giving financial institutions who adopt our technology further flexibility to seamlessly connect to and access an extensive range of products,” said Tradesocio CEO Wael Salem.

The Sydney-based company says its institutional liquidity is sourced from over twenty banks, non-bank market makers, and ECN operators, offering both bespoke and customizable liquidity streams.

Global Prime joins Gold-I, LiquidityFinder

Global Prime has been expanding its distribution channels, most recently joining Matrix Net – Gold-i’s liquidity management platform. The PoP broker has also signed LiquidityFinder.com, the FCA-regulated search tool that offers information and matching service for businesses looking for liquidity.

“Partnering with Tradesocio is a great opportunity for us to make our liquidity solutions available to a greater number of financial services providers worldwide,” Global Prime’s Elan Bension said.

Global Prime also offers co-located, hosting, and connectivity solutions through PrimeXM’s infrastructure hosted in the NY4 Data Center in New York. Of note, Tradesocio has recently completed API integration with PrimeXM and oneZero.

This integration benefits Tradesocio’s customers who already joined PrimeXM and oneZero ecosystems, which help liquidity providers, brokers, and asset managers to expand the reach of its FX and CFD liquidity. Specifically, the partnership allows them to easily adopt Tradesocio’s proprietary software.

Headquartered in Singapore, Tradesocio has technology offices in India plus representative offices in Cyprus. Through Tradesocio’s Marketplace, brokers, investors, fund managers, and business introducers come together on one integrated platform that automates and fast tracks investing.