Accuindex partners with PrimeXM to add the XCore technology

By Edil Corneille

Dubai-based Accuindex, a multi-asset Forex and CFD investment company, today announced its partnership with financial technology (FinTech) provider, PrimeXM.

The broker formed this partnership in order to add PrimeXM’s XCore technology to its services. In the past year, Accuindex has been expanding its product offering to support the demands of its client base consisting of retail and institutional traders from around the world.

“We are delighted about our new partnership with PrimeXM. This collaboration will allow us to promote our institutional connectivity to our wide-ranging and quickly expanding client base as part of our ongoing global expansion,” commented Hasan Al Aqqad, Chief Executive Officer at Accuindex. He continued to say, “This cutting-edge technology provides us with the global scale infrastructure expertise we need to achieve ultra-low latency and superior security levels for our clients trading environment.”

Galin Georgiev, COO at PrimeXM commented on the partnership: “We are excited to partner with Accuindex’s experienced team and support them in their global expansion to roll out their multi-asset trading offering. We welcome them as a valued partner into our growing XCore trading community, where traders and investors can benefit from ultra-low latency execution with a plethora of high-quality Liquidity Providers and institutional grade stable infrastructure.”

The Swiss-founded FinTech PrimeXM provides its XCore engine facilitating low-latency connectivity with a flexible pricing & aggregation engine, advanced risk management and full reporting which is said to be used by more than 250 Institutional Brokers, Prime of Primes and tier 2 banks.

Founded in 2017, Accuindex has now undergone a series of new hires and product enhancements. The broker plans to continue increasing its market share and grow its business at the same momentum in Europe and the Middle East throughout 2021 and beyond.