Centroid complements bridging and execution with MT Proxy’s server networks

Rick Steves

“Their proxy server networks solutions complement perfectly our low latency bridging and execution solutions, achieving an end-to-end optimal trading environment for brokers and their customers” – Cristian Vlasceanu, Chief Executive Officer at Centroid Solutions.

Centroid Solutions has signed a strategic partnership with MT proxy in order to help FX broker meet their needs, from connectivity to low latency, governance, risk management, and execution.

MT Proxy provides custom-built proxy server networks that improve brokers’ operating conditions and protects them against DDoS attacks and latency arbitrage.

The partnership will allow Centroid to enhance its wide range of technology solutions that address risk management, quantitative analytics, bridging, connectivity, execution strategies, and P&L optimization.

Cristian Vlasceanu, Chief Executive Officer at Centroid Solutions, commented: “We are delighted to announce this strategic partnership with MT Proxy and have them as one of our partners.

“Their proxy server networks solutions complement perfectly our low latency bridging and execution solutions, achieving an end-to-end optimal trading environment for brokers and their customers. We look forward to working together, share technical expertise and together help clients benefit from a superior trading infrastructure.”

Kent Riboe, Managing Partner at MT Proxy, said: “We thrive on partnerships with good people, good companies, and good products. Centroid Solutions checks all those boxes. They have an excellent reputation within the industry, and they are well-known for their robust technology and their innovative business solutions. We’re very happy to have them in our partner network, as it will benefit brokers and end-users.”

Advanced Markets and Centroid enhance solutions for FX brokers, traders, asset managers

Centroid has recently enhanced its partnership with Advanced Markets, the ASIC and FCA licensed Prime of Prime liquidity provider. The deal, which follows the first agreement in 2019, is set to deliver world-class solutions for FX brokers, traders, and asset managers.

The firm, which has won Best Risk Management System at the Global Forex Awards 2021 in June, has been selected by SGT Markets for its bridging and aggregation solutions to help better manage liquidity and Centroid24 risk management suite to assist in managing the risks associated with running a multi-asset (Forex and CFD) broker.

Centroid caters to brokers who are in need of a liquidity bridge, order execution management system, risk management, and trading server hosting.

The company has recently appointed Fraser Nelson as Global Business Development Manager to promote its solutions and drive customer growth.

Mr. Nelson brings over a decade of business development and customer management experience within the industry. He joined Centroid from PrimeXM, where he was Senior Relationship Manager. Other roles include Regional Head of Business Development at HF Markets, and Senior Team Leader at Markets.com.

Read this next

Digital Assets

Solana-powered game DeFi Land launches Play-and-Earn features

The Play-and-Earn mechanics announcement comes on the heels of a collab between DeFi Land and STEPN. DeFi Land will soon announce chain integrations, an alpha mobile version, and a multichain feature. 

Retail FX

Spotware rolls out Manager’s API for cTrader brokers

Spotware Systems, a technology provider for the electronic trading industry, has released its new Manager’s API for Brokers, providing powerful tools for server-server integration.

Metaverse Gaming NFT

Dubai Museum taps Binance to jump onto NFT bandwagon

Dubai’s Museum of the Future, the $136 million UAE government-sponsored museum that opened a few weeks ago, is joining forces with Binance NFT to roll out a range of digital products on blockchain.

Digital Assets

Ripple and Lithuanian FINCI partner for XRP-based payments

Ripple is looking to expand its presence in Europe, forming a new partnership with Lithuanian electronic money institution FINCI.

Digital Assets

Crypto.com enables Shopify merchants to accept crypto payments

Crypto.com has integrated with Canadian e-commerce giant Shopify so global merchants can accept crypto payments and save on processing fees through cash-final settlements.

Institutional FX

FX volume drops 13pct at CLS Group in April 2022

FX settlement specialist CLS Group today reported that the executed volumes of currency trading on its platforms were notably down in April.

Crypto Insider, Opinion

Regulation: The Gold-Standard for Crypto-Assets

When the US supervisory authority SEC allowed an investment product referencing Bitcoin futures to be traded for the first time last October, this was widely perceived as a signal that cryptocurrencies had finally become established as an asset class.

Executive Moves

Solid hires FX industry veteran Darren Barker for multi-bank ECN’s business development

His curriculum vitae includes former roles at Cantor Fitzgerald, Sucden Financial, R.J. O’Brien, Jefferies, Natixis, Unicredit, J.P. Morgan, Raiffeisen, RBS International, UBS, Deutsche Bank, and Citi. 

Inside View

Mihails Safro, xpate CEO: Tips sellers need to know to overcome compliance obstacles

The unprecedented growth of e-commerce changed shopping dramatically last year. Many sellers suddenly faced a rapidly growing number of customers who had to stay home during the lockdown. When some clients adopted Netflix and Spotify as part of a daily routine, others ventured into online business. Robinhood alone saw a whopping 6 million rise in user numbers in 2 months. 

<