Centroid connects Dubai Financial Market to over 250 liquidity venues, MT4/5 and more

Rick Steves

“As a UAE-headquartered global fintech company, we are delighted to closely collaborate with Dubai Financial Market, to enable easy access to Dubai listed securities to our global customer base. Through our flagship multi-asset connectivity technology, financial institutions can now expand their offering, enabling trading of regional securities to their customers.”

Centroid Solutions has announced a strategic connectivity agreement with Dubai Financial Market (DFM), the jurisdiction’s secondary market for the trading of securities, bonds, funds, and other financial instruments, local or foreign, which are accepted by the market.

The initiative is in line with Dubai’s goal of enhancing the accessibility of Dubai-listed securities and financial instruments to both local and global investors.

Centroid is a provider of multi-asset market connectivity and execution engines, risk management, and hosting solutions for financial institutions.

Centroid Solutions’ pricing, order execution and risk engines for access to DFM

With existing connectivity to more than 250 liquidity venues and market participants, and integrations to multiple multi-asset trading platform vendors, including MetaQuotes MT4 and MT5, Centroid Solutions’ pricing, order execution and risk engines enable seamless access for global financial institutions to DFM.

Cristian Vlasceanu, Chief Executive Officer of Centroid Solutions, said: “Centroid Solutions has a track record of providing innovative trading solutions to global financial institutions, with the aim to continuously meet the evolving needs of investors both regionally and internationally. As a UAE-headquartered global fintech company, we are delighted to closely collaborate with Dubai Financial Market, to enable easy access to Dubai listed securities to our global customer base. Through our flagship multi-asset connectivity technology, financial institutions can now expand their offering, enabling trading of regional securities to their customers.

“We believe this integration will benefit not only regional financial institutions, but also global players, driving additional investments into the region, at a time when Dubai is cementing its position as a powerful capital markets hub globally”, he added.

Khalifa Rabba, Chief Operating Officer of DFM, said: “As part of our wide-ranging digital transformation strategy, we are delighted to cooperate with Centroid Solutions through this strategic connectivity agreement. We are cooperating with leading financial institutions and fintech providers to implement numerous initiatives aimed at driving market accessibility to DFM traded securities and products. During 2022, 49% of trading value originated with international investors and today’s initiative marks the start of greater access from trading and clearing members abroad and adds to existing connectivity solutions.”

Centroid facilitates enhanced connectivity to multi-asset financial markets in order to help brokers improve risk-adjusted returns, optimize operating costs, and facilitate business growth.

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