Get Custom Quotes, Info & More from Multiple Providers At Once.
LiquidityFinder
June 2, 2021

CMC Markets Connect Launches Spot FX

June 2nd, 2021 – CMC Markets Connect announced today the upgrade of their tech stack in order to facilitate faster price construction and increase the range of asset classes available to trade. CMC Connect clients will now have access to an additional 60+ Spot FX pairs and precious metals.

The Connect team have been looking for microsecond-level speed improvements by partnering with Quod Financial to utilise their AI/Machine Learning powered algorithms and thereby upgrade existing infrastructure. Together CMC and Quod’s technical integration in LD4 between Quod’s quoting servers & CMC’s trading engine optimises price feed management; this in turn powers CMC’s ability to provide consistently competitive pricing.

Richard Elston, Group Head of Institutional at CMC Markets commented, “In response to the demands of our expanding institutional client book we have upgraded our technology stack to allow for faster price construction across a wider range of asset classes. Today’s announcement comes following the launch of our dedicated institutional brand at the start of 2021 and acts to support our shift to an ‘institutional-first’ approach to developing and optimising our product suite”

In addition to the broker's 30+ years of experience in offering CFD-backed instruments, CMC Connect will now offer clients access to Spot FX. A large range spot FX pairs and precious metals are now available, marking the first of a number of product launch announcements the company expects to make in the next 12 months, focused initially on expanding their FX proposition.

CMC recognises its background as a retail brokerage and, as detailed in a recent whitepaper on the value of retail client flow, the Connect team look to leverage this experience by offering institutional clients access to Tier 1 CFD liquidity. The new technology being rolled out from today will impact both existing and new business with low-latent price discovery facilitating more competitive pricing on both the existing range of CFD instruments and the new spot FX products.

David Fineberg, Deputy CEO at CMC Markets added; “This year we’ve set ourselves ambitious growth targets for the B2B arm of our business which we plan to achieve by servicing the needs of a greater range of institutional client types and their respective trading strategies.”

Require Some Guidance in Finding The Right Provider?

Let One of Our Experts Help!

Use the LiquidityFinder Match Matrix to find the right provider for your electrionic trading business!

Get Started

LiquidityFinder

LiquidityFinder was created to take the friction out of the process of sourcing Business to Business (B2B) liquidity; to become the central reference point for liquidity in OTC electronic markets, and the means to access them. Our mission is to provide streamlined modern solutions and share valuable insight and knowledge that benefit our users.

If you would like to contribute to our website or wish to contact us, please click here or you can email us directly at press@liquidityfinder.com.

Be First To Comment.
Featured News on LiquidityFinder
Latest News on LiquidityFinder

To personalize content, provide a optimal experience, tailor and measure engagement; the browsing, navigating and the continous use of this website means you agree to the Terms of Service, Privacy Policy & Security Policy of this website. Your choices on this website will be applied globally throughout the website.

LiquidityFinder & Our Partners

Your behavior, data and actions may be utilized to offer you optimal connections and services by approved and suitable providers fitting your account requirements and website actions. When contacting providers or initiating a provider request, match matrix or expert match review we may share necessary data to evaluate your compatability with our connected partners and suitable providers.