FXCM has announced a technology partnership for between its institutional business, FXCM Pro, and Flextrade’s MaxxTrader solution.
FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime.
Siju Daniel, chief commercial officer of FXCM Group, says: “MaxxTrader is an end-to-end, dedicated and customisable solution covering all products, including FX spot, swaps, NDFs, CFDs and commodities across all the major hosting centers including NY4, LD4, TY3 and SG1.”
He says that adding FlexTrade to its existing suite of FX trading offerings will help further differentiate FXCM Pro.
Manish Kedia, managing director of FlexTrade APAC, comments: “FXCM Pro’s long-standing reputation of being fully client-oriented made our decision to integrate with them an easy one. We are a firm believer in FXCM Pro’s vision and look forward to further collaborations.”