GBE Prime announces significant spreads improvement from November 2018

Maria Nikolova

The company has made a significant improvement of the institutional offering rates across its whole range of instruments.

One of the industry-leading liquidity providers, GBE Prime, has made a significant improvement of the institutional offering rates across its whole range of instruments.

GBE Prime, a CySec licensed brand established and managed by a team of German professionals, announced today that has started offering spreads averaging from 0.09 pips (example related to EUR/USD) to its existing and prospect institutional clients. The company has integrated a live-spread showcase on the homepage of their website to present this information to the public.

Speaking to Finance Feeds, the GBE CEO, Rifat Sayim, commented from Limassol “We have managed to achieve a significant price improvement as a result of the growth of our business partner network and yields from our long-term investments in technology”.

He further added “GBE will now also be a choice based on competitive pricing, in addition to being a preferred partner for professionalism and reliability”.

 Best-price alone however is not all that institutional clients look out for on the global FX liquidity market. Security, technology and accessibility are only few of the many factors needed for the construction of a strong liquidity service. GBE shared that it partners with leading aggregation and connectivity providers which makes its services “intelligent, secure and reliable”.

Ben-Florian Henke

They further commented that “The use of an XCore engine provides a centralized environment for liquidity and risk management. This enables GBE to offer aggregated liquidity from servers in London, New York and Tokyo”.

Commenting on the topic from Hamburg, the Head of GBE Prime, Ben-Florian Henke, advised FinanceFeeds that “In addition to the fast and secure liquidity service which we now provide to over 50 institutional clients across the globe, we are today able to offer them even more value which will support and stimulate the growth of their businesses. Our liquidity service is tailor-made so clients pay only for the settings they need and use”.

Read this next

Executive Moves

Christine Kiener joins Saxo Markets UK as Head of Institutional Sales

“I have been very impressed by the strong track record, clear strategic pathway and ambition of the Saxo business. I am excited to start working with the team to further grow the institutional footprint which has been established in the UK.”

Industry News

CFTC charges Rathnakishore Giri with $12m Bitcoin ponzi scheme

“Identifying and policing fraud in these emerging markets may be difficult or delayed in light of the agency’s limited visibility in these markets”, said CFTC Commissioner Kristin Johnson.

Institutional FX

AbbeyCross raises $2.47m to develop FX market infrastructure for EM currencies

Many EM currencies are currently traded without full-price discovery, creating an unlimited compliance and regulatory risk.

Digital Assets

YouHodler enhances Multi HODL: faster rates and execution, lower fees

“We know some traders mentioned freezing issues when opening or closing a Multi HODL deal. Now, those problems are completely gone”.

Industry News

ASIC bans Funds United Pty director for six years

The six-year ban will prevent Ms. Hutchinson from controlling an entity that carries on a financial services business, and performing any function within the industry.

Inside View

Brave new world: Recruitment of fintech talent in the new UK immigration environment

In this article, solicitor Denise Osterwald outlines what UK businesses should do to attract top talent from abroad.

Digital Assets, Interviews

FX goes Crypto: Exclusive interview with BVNK’s Jonathan Cumberlidge

BVNK is the new name in the City of London. Co-founded by ex-TradFi Chris Harmse, Balfour Group founder Jesse Hamson-Struthers, and ex-TrueLayer George Davis, the firm provides a single platform to bridge fiat and crypto together. 

Digital Assets

AAX ranked world’s second largest spot exchange, only behind Binance

Crypto trading volumes experienced their first surge in activity since March as the majority of digital assets began their recovery from the recent grim price action, according to a new report by Cryptocompare.

Digital Assets

Bitpay teams up with Cardlytics to provide 15% cashback rewards

Crypto payment service provider Bitpay announced a partnership with Cardlytics Inc (NASDAQ:CDLX), which it says will offer more rewards for BitPay cardholders on its platform.

<