Digital Broker GCEX Launches Enhanced Market Data Solution for FX, Bullion, Crypto, CFDs and Tighter CFD Pricing

Digital prime brokerage GCEX has unveiled two significant enhancements to its offering, an expanded market data feed and tighter pricing on CFDs.

The London-headquartered firm, known for providing liquidity access to brokers, funds and professional traders, has launched an expanded market data feed solution covering a wide range of financial instruments. This new offering includes real-time data for Equity Index CFDs, Energy CFDs, Commodity CFDs, Crypto CFDs, Spot Crypto, Spot FX and Bullion. Simultaneously, GCEX has introduced improved spreads on its CFD products, claiming market-leading pricing on major indices and commodities, announcing specific target spreads such as a 0.45 spread for DAX 30, 0.9 for US 30, and 0.01 for US and UK Oil, “that set new industry standards”.

Notably, GCEX is not requiring users to open a trading account to access the data feed. The company is also offering a cost offset mechanism against trading commissions across any product, potentially providing value for active traders.

Alongside the data feed announcement, GCEX has introduced an improved CFD product. The company claims to offer "market-leading spreads" on major indices and commodities, citing specific targets such as 0.45 for DAX 30, 0.9 for US 30, and 0.01 for US and UK Oil.

Lars Holst, Founder and CEO, GCEX

Lars Holst, Founder and CEO of GCEX, commented on the developments: "At GCEX, our mission is to empower clients with unparalleled trading solutions. The release of our comprehensive market data feed and competitive CFD product is a testament to our commitment to innovation and client-centric services. We understand the critical role that timely and accurate market data together with market-leading spreads play in trading strategies, and we're excited to provide these solutions."

These new offerings add to GCEX's existing suite of services, which includes access to liquidity for digital assets and FX, spot trading, and digital asset conversion. The company also provides technology solutions under its XplorDigital brand, featuring 'Crypto in a Box' and 'Broker in a Box' products.

GCEX operates under regulatory oversight from multiple jurisdictions. It is regulated by the UK's Financial Conduct Authority (FCA), registered with the Danish Financial Supervisory Authority (FSA) as a Virtual Asset Service Provider (VASP) and currency exchange, and holds a VASP license from the Dubai Virtual Assets Regulatory Authority.

The company, which has received investment from True Global Ventures, maintains a global presence with multiple offices worldwide.