GCEX taps Hybrid Solutions to increase access to its liquidity
GCEX, a digital asset and currencies technology platform for institutional and professional clients, has announced a business collaboration with Hybrid Solutions.
The latter is best known for its flagship trading platform, VertexFX, which is introduced as a package of holistic solutions to market makers, clearing houses, brokerage firms and other dealing rooms.
The FCA-regulated firm says the partnership with Hybrid Solutions is part of a strategy to broaden the reach of its liquidity, positioning itself as a liquidity provider for institutional clients.
Established in 2002, Hybrid Solutions is a software house based in London, with regional offices in Jordan and UAE. The company’s main offering is VertexFX platform which allows its client brokers to provide their end users with many advanced plugins that cater to FX, stocks, bullion and cryptocurrency markets. Available in more than ten different languages, the terminal is also equipped with money management tools in addition to ready-made copy trading and auto trading strategies.
Commenting on the news, GCEX CEO, Lars Holst, said: “GCEX is incredibly pleased to be collaborating with Hybrid Solutions – a leading platform provider for Middle Eastern and Asian-based clients. This move will give VertexFX clients more options and direct access to institutional liquidity from some of the world’s most respected banks and liquidity providers, which is always a positive for the traders managing their assets. We look forward to an exciting period of collaboration with Hybrid Solutions.”
GCEX team to scale its growth
CEO of Hybrid Solutions, Akram Majed, added: “We are pleased with this collaboration and we are positive that this partnership will add mutual value to our businesses. GCEX is one of the well-established names in the business, especially in the liquidity field. We are hoping that this collaboration will open up a new customer base for their business.”
According to its website, GCEX was established in 2018 in order to cater to demand for regulated exposure to the digital asset market. The company leverages its UK authorization to provide funds, brokers, asset managers, professional traders, and banks with compliant Fintech products, including AI applications. The offering also enables clients to automate on-boarding, offer and trade digital assets and forex with deep liquidity from top banks, as well as solutions for clearing.
Headquartered in London, GCEX (GC Exchange Limited) is also no stranger to the FX space as it has previously completed API integration with many bridge and institutional liquidity providers, Gold-i’s Matrix NETwork and oneZero.