AxiCorp launches Axi-One – Offering Access to 7 ECNs Through a Single Interface

Maria Nikolova

Aimed at institutional as well as individual traders, Axi-One is a powerful platform that gives users a wide choice of trading venues from one terminal.

Australian-owned Forex (FX) and Contracts For Difference (CFD) trading provider AxiCorp has strengthened its presence in the prime brokerage space with the launch of Axi-One.

Aimed at institutional as well as individual traders, Axi-One is a powerful platform that gives users a wide choice of trading venues from one terminal.

Axi-One is the newest addition to the AxiPrime offering that will service a much wider group of users including professional traders, institutional traders, high net-worth and high-frequency traders.

With direct access to more than 20 liquidity providers, Axi-One also provides a seamless and integrated access to 7 exchanges with their corresponding liquidity providers. The major exchanges include Currenex, Hotspot, Fastmatch, SpotStream, FXall, LMAX and 360T.

“We’ve put in a lot of effort, time and technology behind Axi-One as we want to deliver a leading-edge platform that is extra efficient and robust for our clients,” said Lloyd Moncur, Co-Head of Institutional EFX and CFDs at AxiCorp in the UK.

He added: “With Axi-One we’re giving traders the full flexibility and the widest choice of liquidity. Whether you’re a private or institutional trader, a high-frequency trader or an MT4 user you can access different liquidity pools that will suit your requirements.”

In addition, Mr Moncur said: “With Axi-One we have listened to our clients and developed a platform that gives access to seven ECNs plus our own pool of liquidity. For example, a trader might prefer liquidity in London hours on FXAll but may choose to go with Hotspot for the NY (CBoE) session.

One trader might prefer to trade EURUSD on Currenex but prefer USDJPY on Fastmatch. With this platform we feel we are empowering the trader to make their own choice all from one platform.”

According to Mr Moncur real estate on a desk top is one of the biggest problems for traders, so by providing one access point for seven exchanges, Axi-One is solving this solving this problem.

One of the unique capabilities of Axi-One is the ability for traders to pick and choose their own liquidity pools. This means traders can get access to tailor-made and user-specific liquidity levels at all time.

Built in partnership with leading IT company Celer Tech, Axi-One provides true ECN aggregation and execution capabilities.

“We’ve consulted and gathered information from a wide range of users – from institutional, high-frequency and other professional traders – and used that information to come up with Axi-One, which we believe is one of the most powerful and technology-driven platforms in the market now,” Daniel Beale, Co-Head of Institutional EFX & CFDs at Axicorp in the UK.

Ben Cuthbert, CEO at Celer Tech, said: “We are thrilled to have the opportunity to serve AxiCorp. Strategically our objectives are very well-aligned. Our ability to quickly incorporate new functionality into the AxiCorp’s platform is further proof of the flexibility of our capabilities.”

Rob Wing, Global Head of Sales at Celer Tech, also said: “We have an excellent relationship with AxiCorp and have worked very closely with them and their highly experienced team to implement a solution, that supports their strategic goals.

Aside from its wide range of liquidity providers, Axi-One is a multi-asset platform where traders can trade FX, CFDs, spread betting, metals, indices and NDFs.

Over the past two years, AxiCorp has invested heavily in technology as it rolled out advanced platform capabilities across its global footprint.

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