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Screenshot of a breaking news alert e-mail from Q2 2017
FCA regulated online CFD brokerage house CMC Markets Institutional (LON:CMCX) has today announced that it expands multi-asset liquidity offering through PrimeXM’s XCore.
The XCore’s innovative technology benefits hundreds of financial institutions by providing them with liquidity through Tier 1 banks, prime brokers and other liquidity sources.
CMC Markets is now part of the XCore community. Through the XCore community, CMC Markets will be able to offer its wide range of liquidity including currency pairs, indices, commodities and treasuries to a larger pool of financial institutions at ultra-low latency connectivity.
Commenting on the partnership, PrimeXM CEO, Cristian Vlasceanu noted:
Committed to our mission of connecting financial institutions to the global markets through cutting-edge innovations, we are happy to announce today our new partnership. At PrimeXM, we know that CMC Markets will add a great value to the XCore community and we are confident that our dedication to innovation by intelligence will continue to boost performance for our partners.
Richard Elston, head of Partners at CMC Markets Institutional, added:
PrimeXM is recognised as a leading technology provider in the financial industry, making them a natural fit as a distribution partner for our own liquidity, including FX, CFDs and native spread bet instruments. Their low latency, institutional grade infrastructure will provide another reliable route which offers even more counterparties access to CMC Markets’ single source of high quality, multi-asset liquidity.