Integral development Corp has announced a partnership with Moscow Exchange (Moex). Under the deal, through its Open Currency Exchange (OCX), Integral will deliver access to liquidity, higher performance, and lower latency to Moex customers, and Moex will now provide liquidity to the Integral network.
“[Moex] are the dominant exchange in the Russian FX market, and by using the Integral platform, they will be able to offer the best aggregation and deepest liquidity to their clients,” says Harpal Sandhu, CEO of Integral. “Moex will also become a price provider to the Integral network, thereby further enriching the liquidity in OCX.”
Igor Marich, managing director of money and derivatives markets at Moscow Exchange, adds, “Our cooperation with Integral will facilitate access to global FX liquidity for Moex’s clients, allowing them to keep our regular infrastructure interfaces, benefits and comfort of the central counterparty service as well as low costs. We are confident that the cutting-edge IT solutions offered by Integral will bring additional liquidity for our existing and future customers.”