A decade after launching, oneZero secured new outside investment this week. Galen Stops takes a look at the logic behind this deal for all the parties involved. Earlier this week, Lovell Minnick Partners (LMP), a private equity firm focused on investments in the global financial services industry, completed a minority investment in oneZero Financial Systems. […]
Lovell Minnick Partners (LMP), a private equity firm focused on investments in the global financial services industry, has completed a minority investment in oneZero Financial Systems. The financial terms of the private transaction were not disclosed. LMP is joined in this investment by Phil Weisberg, the former CEO of FXall and the founder of Matzliach […]
OneZero Financial Systems has released a new 8.0 version of its Liquidity Hub, which features a new design aimed at giving clients additional tools and flexibility to simplify their daily workflow. “The new design incorporates dashboards and tiles, giving clients a complete, custom view of their business and enabling significant personalisation of the user experience. […]
Stater Global Markets (SGM), the London-based prime-of-prime brokerage, has joined oneZero’s EcoSystem network.This means that SGM will be able to extend the distribution of its FX and CFD liquidity to oneZero’s network. The firm has co-located with oneZero in LD4, with cross connections now in place to provide liquidity to oneZero’s institutional clients.Ramy Soliman, CEO of SGM, comments: “Being part of oneZero’s EcoSystem and offering our multi-asset liquidity to their bank, broker and hedge fund client base is a key part of our global growth strategy. In particular, the strength of oneZero in key regions such as Australia and Cyprus fits well with our growth objectives. oneZero’s market reach and robust infrastructure combined with our customisable, high quality liquidity make this an ideal partnership.”
Today oneZero Financial Systems has released a new tool, called Market Data Sentinel, which automates the reporting, monitoring, accounting and compliance of exchange market data used on the MetaTrader 5 platform.
“We are excited to introduce Market Data Sentinel to address a real market need around reporting and monitoring exchange market data on MetaTrader 5,” says Andrew Ralich, CEO of oneZero. “All MT5 brokers, whether they currently use oneZero’s Liquidity Hub or not, can take advantage of this powerful solution to a previously time-consuming manual workflow process.”
He adds: “Market Data Sentinel represents our continued response to the needs of both our clients and the market. We always look for ways to leverage our superior technology development resources in support of important business needs that will enable our clients to focus on what they do best and grow their business, while relying on oneZero to make their processes more efficient.”
CFH Clearing has formed a partnership with OneZero Financial Systems to enable it to provide local liquidity from New York (NY4) to brokers and banks. The firm now offers local liquidity and connectivity from both New York (NY4) and London (LD4) through OneZero and becomes a key part of the OneZero hub environment.
“This complex integration takes our overall offering to the next level as clients can trade in both LD4 and NY4 with a single centralised back-office account,” says Marc Levin, chief commercial officer, CFH Clearing.
ADM Investor Services (ADMIS) will be providing FX prime brokerage, execution and settlement services through oneZero Financial Systems’ EcoSystem.
This expansion of the FX services and distribution network will make ADMIS’s professional and institutional offerings available to a broader set of market participants.
“Having ADMIS join our EcoSystem greatly enhances the current offerings available to our users,” says Andrew Ralich, CEO of oneZero. “ADMIS is an established, well-capitalised firm with global reach. Their participation in our EcoSystem gives our customers new access to a counterparty that is highly regarded across the derivatives industry.”
B2C2, a cryptocurrency market maker, and oneZero Financial Systems, a software and infrastructure provider for institutional and retail brokers, have announced a partnership that will enable oneZero’s clients to gain access to B2C2 as part of the oneZero ecosystem.
The firms say that the integration of their trading systems will allow them to address significant demand among institutional clients for exposure to the major cryptocurrencies – including bitcoin, ether, litecoin, bitcoin cash and XRP – against major fiat currencies.
Max Boonen, founder of B2C2, says: “We are pleased to partner with oneZero, a leading technology and infrastructure provider for major financial institutions. Our FIX integration will enable oneZero’s clients to access cryptocurrency liquidity in a plug-and-play fashion. We look forward to meeting their demand for electronic OTC liquidity.”
OneZero Financial Systems has announced the appointment of Phil Weisberg as strategic advisor.
Weisberg has extensive background in the institutional foreign exchange markets, most recently as managing director and global head of FX, rates and credit for Thomson Reuters, a firm he joined following its purchase of FXall, of which he was CEO.
“As an early innovator and advocate for market ecosystems, I have watched the evolution of oneZero as an industry participant and have been impressed with the talent, passion and integrity of their team,” says Weisberg.