just now
August 10, 2020 – FXCM Pro, the institutional arm of FXCM Group, LLC, has partnered with Devexperts, a software developer for the financial industry, to provide liquidity to its innovative trading platform, DXtrade.
Devexperts new web-based DXtrade multi-asset dealing platform
DXtrade launched in May 2020 and is a new off-the-shelf trading platform for forex and CFD brokers. FXCM Pro becomes one of the first major names to onboard onto the trading platform as an institutional liquidity provider.
DXtrade’s Software-as-a-Service (SaaS) off-the-shelf trading platform offers full customisability, with brokers being able to determine everything from the layout and set-up, including the back-end configurations and user interface. FXCM Pro will provide multi-asset liquidity to retail brokers utilising DXtrade.
Conor O’Driscoll, VP of OTC Platform at Devexperts, commented: “FXCM Pro is the primary source of multi-asset liquidity for many brokers worldwide. Their excellent service, coupled with Devexperts’ knowledge in building trading platforms and integration for our clients into DXtrade, results in a turn-key and affordable solution for new entrants launching their forex or CFD brokerage.”
Mario Sanchez, Managing Director and Global Head of FXCM Pro Sales, commented: “If the previous six months have shown us anything, it is that brokers’ technology has to be the greatest area of focus. With trading volumes hitting peaks during the volatility that the market experienced, brokers need to ensure that when instances like this happen and interest from traders grow, they can capitalise by on-boarding clients quickly and efficiently.
“Access to competitive pricing is central to this. Partnering with Devexperts ensures that new entrants into the broker market are able to access world-leading liquidity from FXCM Pro through a truly innovative trading platform.”
Devexperts specialises in the development of tailored software solutions for the Capital Markets industry since 2002. Their clients are retail and institutional brokerage houses, exchanges and wealth management firms. Devexperts are the developers of the thinkorswim platform. Millions of people across the global financial sector trade daily using Devexperts' technology. The services from Devexperts include low-latency market data feeds, quality assurance, UI/UX design of trading terminals, AR/VR data visualisation, deep learning, and market analysis.
