GCEX teams up with Centroid Solutions to broaden liquidity reach
GCEX, a digital asset and currencies technology platform for institutional and professional clients, has announced a business collaboration with Centroid Solutions.
This alliance will enable the FCA-regulated firm to extend its multi-asset liquidity distribution using Centroid’s institutional grade connectivity, liquidity management, execution and reporting system. The combined effort will also enable Centroid’s global client base to access deep crypto and FX liquidity pools, including over 20 different crypto products as spot or CFDs.
Centroid Solutions provides a wide array of services to brokerage firms. The company also delivers tailored solutions to foreign exchange and CFDs brokers seeking improved risk visibility, including a proprietary bridge solution for connectivity. Its Centroid 24 risk management suite collects data and produces conclusions that help brokers understand their profitability on both A-book and B-book models of operation.
Cristian Vlasceanu, CEO, Centroid Solutions said: “Adding GCEX as one of our Liquidity Provider partners for both FX and crypto currencies benefits our clients. In our experience, it is rare to find a single LP with such a strong, broad and cost-efficient value proposition. Our clients are increasingly looking at adding cryptos as an additional asset class to their offering and we believe they will welcome having easy access to GCEX’s high quality liquidity through our Centroid Bridge connectivity engine.”
GCEX team to scale its growth
Lars Holst, Founder and CEO, GCEX added: “We are delighted to partner with Centroid Solutions. They have a growing global client base, particularly in the Middle East, and we look forward to providing their clients with access to our liquidity, whether they choose digital assets, FX or both.”
GCEX was established in 2018 in order to cater to demand for regulated exposure to the crypto 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.
The company now has four locations worldwide, including Malaysia, Scotland, Denmark, and London. GCEX also plans to expand its team of developers with new hires in the next couple of months.
