CFH announces partnership with Finstek

“We are excited to partner with Finstek to provide the latest piece of technology within the aggregation and bridging space and bundle it with our bespoke liquidity resulting in the most cost-efficient solution to date for MT4 and MT5 brokers” says Paul Groves of CFH

Prime of prime relationships and the future

Multi-asset prime brokerage and liquidity provider CFH today announced its partnership with innovative aggregation and bridging technology provider Finstek. This unique partnership and integration creates the most cost-efficient solution for MT4 and MT5 brokers to receive bespoke liquidity provided by CFH.

The Finstek Aggregator bridges the gap between platforms, institutional brokerages and liquidity providers like CFH, empowering brokers to control all aspects of their trading environment, with high-customisation capabilities, low latency and scalability. Finstek uses superior technology to efficiently connect multiple liquidity streams with trading platforms to deliver an industry leading, high-performing ecosystem.

CFH’s Head of Sales, Paul Groves commented: ‘We are excited to partner with Finstek to provide the latest piece of technology within the aggregation and bridging space and bundle it with our bespoke liquidity resulting in the most cost-efficient solution to date for MT4 and MT5 brokers.’

Mikhail Yakutovich CEO of Finstek added: ‘We are proud to have earned the trust and confidence of such a well-established and respected top tier Prime Broker like CFH and look forward to delivering a competitive and superior product together with excellent service. Collaboration between our teams and our ability to customise to meet their specific business needs ensured we could deliver on CFH’s requirements.’

Commenting on the importance of efficient technology solutions in trading, Finstek majority shareholder and Chairman Ashraf Ebid said:
‘We are delighted to form this strategic partnership with CFH and I want to thank the teams on both sides for their expertise, dedication and professionalism. If 2020 has shown us anything, it is that efficiency and technology are essential to deal with the never-ending challenges facing the brokerage industry, and that brokers must ensure they can offer future-proofed, scalable technology solutions to their clients.’

Read this next

Retail FX

Texas Slaps Forex Scam with Cease and Desist Order

The Texas State Securities Board (TSSB) is following through on its promise to crack down on online trading fraud.

Industry News

JPMorgan Chase to open its UK neobank next week

JPMorgan Chase, the biggest US bank by total assets, will next week launch its City’s digital-only bank, which offers a range of savings and loan products under its ‘Chase’ brand in the UK.

Retail FX

TIOMarkets UK reports $78,461 in 2020 revenues

TIOmarkets’ FCA-regulated entity reported its financial results for the year ending December 31, 2020. The company posted a revenue figure that was nine times the amount it reported in the fiscal year of 2019.

Technology

Equiduct deploys big xyt’s data analytics for equity market structure

“Banks, asset managers, exchanges and market participants across the globe consistently rely on big xyt as an independent reference for equity market structure”.

Retail FX

BDSwiss partners with PayRetailers to address payment landscape in LATAM

PayRetailers’ suite of payment options via single seamless API integration will be available for BDS Markets Ltd. only.

Digital Assets

Coinbase applies for NFA license while awaiting SEC lawsuit

A license from the National Futures Association (NFA) would open the door to cryptocurrency derivatives trading.

Industry News

Euroclear acquires MFEX to enhance offering for fund distributors and fund managers

This transaction brings together two highly complementary businesses.

Industry News

Madoff Victim Fund sends $568 million to 31,000 victims of Ponzi scheme

Bernard L. Madoff used his position as chairman of BLMIS to steal billions from his clients.

Digital Assets

Revolut uses Bitcoin to Pay for its office space

Revolut, the company that is looking to build a financial super app, has used bitcoin to pay for its largest office space in Dallas, Texas to the flexible workspace provider WeWork.

<