Exness, one of the world’s largest FX retail brokers and B2B liquidity providers, has selected Centroid’s connectivity solutions to extend its prime liquidity offerings to brokers globally.
By integrating Centroid Bridge into its operations, Exness will leverage Centroid’s infrastructure and multi-asset bridging system to offer competitive and unique liquidity to brokers worldwide.
The partnership will enhance Exness’ operational efficiency while also providing Centroid’s clients with access to a broader and more diversified liquidity pool.
Centroid Solutions offers multi-asset connectivity, risk management, and execution technology to a global client base, which includes brokerage firms in need of proper infrastructure to optimize their operations, manage risk effectively, and achieve superior trading performance.
Exness can now distribute its liquidity offering via Centroid
Cristian Vlasceanu, CEO of Centroid Solutions, said: “We are thrilled to welcome Exness to the Centroid Bridge ecosystem. This collaboration is a testament to the trust that leading market players place in our technology. By integrating Centroid Bridge, Exness can now distribute their liquidity offering through our innovative connectivity solutions, known for reliability and performance, ensuring their clients benefit from the highest levels of connectivity and execution speed.”
Pete Plester, Head of B2B Sales at Exness, commented: “We are excited to join forces with Centroid Solutions, as this partnership aligns with our mission to continuously enhance our liquidity offerings. Centroid’s technology will allow us to extend our reach to a wider audience of brokers while ensuring the highest standards of execution speed, stability, and reliability for our clients, the very advantages that have made Exness one of the biggest and most reputable brokers in the world. This collaboration is a key step in Exness’ ongoing commitment to delivering unparalleled trading solutions globally.”
Centroid added access to Saudi markets
Centroid recently integrated with Saudi brokerage firm SNB Capital to allow Centroid clients to seamlessly access one of the largest and most liquid financial markets in the Middle East, the Saudi Exchange (Tadawul).
By integrating SNB Capital, which is not only a leading broker on the Saudi Exchange but also the largest investment bank in the Kingdom of Saudi Arabia, Centroid is further expanding its network of financial market connections at a time of accelerating investor interest in Saudi Arabia’s markets.
SNB Capital is licensed by the Capital Market Authority (CMA) across five business lines: Asset Management, Wealth Management, Securities, Investment Banking, and Principal Investments. The firm is the largest asset manager in Saudi Arabia with SAR 260 billion (USD 69.3 billion) of assets under management as of March 2024.
The Saudi broker also boasts a Dubai-based entity established in the DIFC and regulated as a category 3A prudential financial institution by the DFSA specializing in the asset management of alternative assets. Now, brokers utilizing Centroid Bridge can connect directly to SNB Capital, enabling efficient and secure trading of equities within Tadawul and offering significant opportunities for Centroid’s clients, allowing them to capitalize on Saudi Arabia’s rapidly expanding financial ecosystem.
Centroid Solutions signed several partnerships this year
Centroid Solutions is a fintech firm headquartered in Dubai, specializing in risk management, execution technology, and business intelligence tools for financial brokers. Established in 2017, Centroid provides innovative solutions like Centroid24, a real-time risk management system, and Centroid Bridge, a technology facilitating order routing, execution, and liquidity management. These tools support forex and CFD brokers in managing risk and optimizing trade execution, focusing on seamless connectivity and efficient processing across global trading platforms.
The firm’s technology suite is designed to integrate real-time data analysis, risk control, and quantitative analytics, enabling brokers to maximize performance and manage market risks. Centroid’s services include optimized connectivity solutions, which are backed by enterprise-level DDoS protection and low-latency infrastructure in major data centers worldwide, enhancing service stability and security for brokers’ trading systems
Centroid’s executive team includes Cristian Vlasceanu, the CEO, who leads the firm’s growth and development efforts across multiple regions. The company’s presence spans offices in Dubai, Limassol (Cyprus), Manila, and Switzerland, supporting a global client base with tailored, research-driven solutions for various trading needs
Centroid recently partnered with several institutional liquidity brands, namely Rostro Group’s Scope Prime, Finalto, and Blockfills. The firm also teamed up with several brokerage solutions providers such as GTN, Skale, TechySquad, and TraderEvolution.
