June 3rd, 2020 - CMC Markets Institutional has announced an integration of its Direct API with the price distribution and order management platform of eFX trading solutions provider, Celer Technologies.

Richard Elston, head of Institutional at CMC Markets, commented:

“Celer Tech’s deployment of the Direct API feed allows our prices for almost 10,000 different instruments, covering a range of indices, commodities, FX pairs, treasuries and single stock CFDs to be integrated with wider pools of liquidity for those clients who elect to use this service. We see this as being an increasingly popular solution for those customers who are seeking multi-asset exposure, but find themselves constrained by the FX-centric provision of other liquidity providers.”

CMC Markets liquidity can be displayed individually and alongside that of the other LPs who currently integrate with Celer Technology. Counterparty brokers need to establish relationships with the individual liquidity providers they wish to use, then have the flexibility to sculpt how this pricing data is integrated with their own trading systems. Many banks, brokers, market makers and ECNs are already using the Celer Technology platform.

Rob Wing of Celer Technologies, commented:

“CMC’s Direct API has integrated with our own technology stack in a seamless manner. Adding a high profile, multi-asset liquidity provider like this to our own infrastructure provides a real benefit for our clients who want to look beyond their core FX offering. As always we look forward to further growing our liquidity network in the future.”

Celer Technologies’ was launched in 2014. They provide modular based solutions to the market supporting clients from their London, Hong Kong and Toronto offices.