FXCM Pro partners with trading tech provider Tradesocio
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FXCM Group’s institutional arm, FXCM Pro has announced a partnership with a trading technology provider, Tradesocio. The partnership is expected to provide banks, brokers, asset managers and other buy-side institutions with a full FinTech solution that combines digital investment and trading technology from Tradesocio with institutional liquidity and global scale from FXCM Pro.
Wael Salem, CEO of Tradesocio, commented, “We are very excited about this partnership which combines a complete, front-to-back-end fintech solution from Tradesocio with FXCM’s state-of-the-art liquidity offering and risk tools. This partnership will enable brokerage firms, investment managers and hedge funds digitise their existing services, build a scalable mass affluent platform and tap into new revenue verticals.”
According to FXCM Pro, its institutional liquidity will become available to Tradesocio’s client base in New York and London and will allow the former to gain access to customisable trading technology, providing automated and fast track investing for its clients. Tradesocio’s Investor Trading Platform aims to offer clients with real-time data, reporting tools and advanced infrastructure for trading.
Mario Sanchez, Managing Director and Global Head of FXCM Pro Sales, commented, “Technology is undeniably playing a greater part in broking and widening participation, and as an industry, we are in a great position to reap the benefits of modern fintech solutions. This partnership shows how FXCM Pro continues to be at the forefront of adopting institutional-grade trading technology to ensure our clients are able to and trade with confidence and have some of the best tools at their disposal when it comes to sourcing liquidity and executing trades.”
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