Fortex has
integrated with Swissquote to enhance its Liquidity Hub ecosystem, providing trading
companies access to deep liquidity pools. The partnership promises
improved trading conditions, faster execution, and a seamless user experience
for brokers.
Fortex Integrates with
Swissquote to Enhance Liquidity Access for Brokers
The
integration combines Fortex’s trading technology and Swissquote’s deep
liquidity, promising various benefits for FX/CFDs companies. With this
collaboration, brokers can now leverage Swissquote’s liquidity pools, which are
expected to result in tighter spreads and more competitive pricing, ultimately
benefiting the end-users.
Moreover,
the integration is designed to streamline trade execution processes, ensuring
faster and more efficient transactions.
“This
partnership aligns with our mission to provide brokers with superior trading
technology and resources,” said Aris Christoforou, the Head of Marketing &
Operations EMEA at Fortex. “The enhanced liquidity and improved trading
conditions will significantly benefit our clients, enabling them to achieve
better trading outcomes.”
Fortex
Updates
This is
another update from Fortex, following the financial technology company’s
introduction of four new features to their platform last month. A major
addition is the integrated CFD FX trading, which enhances the variety of
financial instruments accessible to brokers and fund managers, offering wider
opportunities for diversification and flexibility in client portfolios.
Four months
after launching the seventh version of its trading platform and updating the
XForce mobile trading app, Fortex has also added new risk management features
and introduced automated real-time dealing tools designed to improve brokers’
efficiency and control.
Swissquote Partners with B2C2
In a separate update from today, Swissquote announced that it has partnered with the institutional liquidity provider for digital assets, B2C2, to deepen liquidity on its SQX exchange.
“SQX has proven itself as the biggest and strongest digital assets exchange in Switzerland, leading with greater liquidity and faster execution for our customers, strengthening our position as a recognized leader in crypto trading,” said Jan De Schepper, the CSO of Swissquote. “We are delighted to have B2C2 as a strategic partner at our side. Together, we are committed to providing superior execution, enhanced transparency and an even better overall trading experience.”
Meanwhile,
Swissquote aims to conclude 2024 with an annual revenue of CHF 595 million and
a pre-tax profit of CHF 300 million. This target follows a year where the
company’s revenue rose by 30.2% to CHF 531.4 million, and pre-tax profit
increased by 26% to CHF 270.9 million.
This article was written by Damian Chmiel at www.financemagnates.com.
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