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CMC Markets Integrates with FlexTrade

CFD broker CMC Markets has announced the completion of an
integration with FlexTrade Systems to enable the wider dissemination of its proprietary
CFD liquidity.

The firm says that while dissemination of foreign exchange
liquidity is “a rapidly expanding market, as seen with the growth of so-called
‘prime-of-prime’ services”, few counterparties are currently offering anything
similar when it comes to CFDs. 

“We already offer
multi-asset API feeds to institutional counterparties which allows them to plug
into our tier-one liquidity using FIX protocol and other popular fintech
solutions, but we see providing access to this flow using a broker-neutral
execution management trading system as a valuable extension of the service,”
Richard Elston, head of institutional at CMC Markets. “The easier we can make it for other
providers to access our liquidity, the more efficient our own market will become.” 

CMC Markets says that while its CFDs aren’t available as a
default to all FlexTrade clients, those liquidity takers who are interested in
trading the company’s 85 indices, commodities and treasuries CFDs can now
request to have access.

Colin Lambert

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