Stater Global Markets Announces Technology Partnerships and New Products

Stater Global Markets is accelerating its growth through strategic partnerships and a broader product offering. The FCA regulated Prime of Prime brokerage has announced its core technology partners as well as the introduction of CFDs in indices and commodities. Ramy Soliman, CEO, Stater Global Markets explains, “We have spent the last six months assessing the […]

london

Stater Global Markets is accelerating its growth through strategic partnerships and a broader product offering.

The FCA regulated Prime of Prime brokerage has announced its core technology partners as well as the introduction of CFDs in indices and commodities.

Ramy Soliman, CEO, Stater Global Markets explains, “We have spent the last six months assessing the leading technology vendors in this industry across all key areas of the business – from front-end platforms and pricing aggregation tools to bridge and connectivity providers. Our strategy is to offer best of breed solutions to our client base and I am confident that our rigorous procurement process has enabled us to identify the highest quality technology partners.”

In addition to Currenex, Integral and Flextrade have been selected as front-end platforms. Gold-i has been chosen as the bridge provider for Stater’s MT4 White Label solution. FXecosystem, who recently set up a Point of Presence in HK1 (Hong Kong) and SG1 (Singapore), will provide connectivity. Stater Global Markets will use regulatory reporting services from NEX Abide.

Ramy Soliman continues, “We have not only been reviewing technology vendors but have also been assessing Liquidity Providers in order to offer a greater choice to clients. Our fund and retail broker clients, in particular, were keen for us to extend our product offering beyond Spot FX liquidity and this seemed a natural evolution for our business. We now offer CFDs in indices and commodities, with high quality pricing from our top tier non-bank counterparties.”

 

Read this next

Interviews

Acuity Trading at iFX EXPO LATAM: Andrew Lane on the rise of AI and prop trading

At iFX EXPO LATAM 2024, Acuity Trading’s Andrew Lane discussed the successful rollout of their Research Terminal, the impact of AI on the trading industry, competition from AI-powered solutions, emerging market trends in Latin America, and the rise of prop trading, while addressing regulatory challenges and innovations.

blockdag

Top Crypto Highlights for Q2 2024: BlockDAG’s Astonishing 1120% Growth Compared to Solana’s Surge and Toncoin’s Market Triumph

Explore the latest highlights in cryptocurrency: Solana’s recovery, Toncoin’s record levels, and the rise of BlockDAG’s innovative technology.

Digital Assets

Ripple seeks $10 million penalty citing Terraform fine in SEC case

Ripple Labs wants to reduce the financial penalties proposed by the U.S. Securities and Exchange Commission (SEC) by leveraging recent fines imposed on Terraform Labs.

Digital Assets

Swiss regulator shuts down CoinShares’ partially-owned FlowBank

Switzerland’s financial regulator, FINMA, has closed FlowBank SA and placed it into bankruptcy due to severe breaches of capital requirements and other supervisory laws. This follows a series of enforcement actions against the bank that began in October 2021.

blockdag

Presale Power Players: 5 Crypto Presales Primed for Success in 2024 According to Experts

Unlock the potential of the best presale cryptos available now. See why experts recommend BlockDAG, Bitbot, eTukTuk, 99Bitcoins Token, and ButtChain.

Executive Moves

Paxos axes 65 jobs, cuts headcount to below 300

Stablecoin issuer Paxos has laid off 65 employees, equating to 20% of its staff, despite maintaining a robust financial standing.

Institutional FX

US sanctions trigger major shifts in Russian FX market, says Sergey Romanchuk

The U.S. sanctions imposed on June 12 against the Moscow Exchange and its clearing entity, the National Clearing Center (NCC), are set to cause massive disruptions in the Russian currency market, according to FX industry veteran Sergey Romanchuk.

blockdag

BlockDAG’s X1 Miner App Beta Sparks $49.2M Presale Rise; Uniswap & XRP Whales Getting Involved?

Experience BlockDAG’s meteoric 1120% presale rise, Uniswap’s UNI climbing 18%, and Ripple’s XRP anticipating ETF approval. Explore their latest breakthroughs!

Market News, Tech and Fundamental, Technical Analysis

GBPUSD Technical Analysis Report 13 June, 2024

GBPUSD currency pair can be expected to fall further toward the next support level 1.2700, which has been reversing the price from last month.

<