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      GCEX Rolls Out New Price Feeds for Brokers Aggregated Feeds, 'XplorSkew' and 'XplorSkewPlus'

      Published: just now

      GCEX logo

      GCEX Group has launched two new price feeds, XplorSkew and XplorSkewPlus, targeting brokers who aggregate in the FX and precious metals markets.

       

      The London-headquartered financial technology firm developed the feeds to address spread enhancement and performance optimisation for aggregating brokers, at a time when many liquidity providers are becoming more conservative about showing skews due to alpha leakage concerns.

       

      Jonathan Brewer 200x200
      Jonathan Brewer, Chief Revenue Officer, GCEX

       

      "Aggregation allows brokers to take advantage of price skews, which lead to tighter spreads and greater value," said Jonathan Brewer, Chief Revenue Officer, GCEX. "For instance, a spread that is 4 pips wide but skewed in such a way that either the bid or the offer is at the market mid or better is more valuable to an aggregator than a 10x tighter spread of 0.4 pips with no skew."

       

      The company's commercial team engineered the feeds to promote skews, which they say helps compress post-aggregation spreads to enhance competitiveness and profitability.

       

       

      Lars Holst 200x200
      Lars Holst, CEO & Founder, GCEX

       

      Lars Holst, CEO & Founder of GCEX, commented: "We are excited to bring this product to market, adding value to our clients at a time when liquidity providers are pulling back on showing skews. These price feeds help brokers compress spreads and optimise their trading strategies."

       

      GCEX Group, which is regulated by the UK's FCA and registered with the Danish FSA as a VASP and currency exchange, provides institutional and professional clients with CFDs on digital assets and FX, alongside spot trading services. The firm also holds a Virtual Asset Service Provider licence from the Dubai Virtual Assets Regulatory Authority and counts True Global Ventures among its investors.

       

      To learn more about GCEX, please click the link below.

      Benefit from partnerships with tier 1 liquidity providers and counterparties & regulated digital custody institutions. Regulated across multiple top-tier jurisdictions.

      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
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