Finance Feeds logo

Swissquote and PrimeXM announce new partnership deploying the XCore technology

Andrew Saks-McLeod, Head of Research and Analysis, ETX Capital

Swissquote’s newly acquired instance of PrimeXM’s XCore will allow the company to offer its clients enhanced execution capabilities. PrimeXM’s smart order management and aggregation engine has been developed to cater to the ultra-low latency demands of the market and the new partnership will further improve Swissquote’s advanced distribution abilities.

Swissquote and PrimeXM are pleased to announce a new strategic partnership which will significantly benefit both Swissquote and PrimeXM clients.

Swissquote’s newly acquired instance of PrimeXM’s XCore will allow the company to offer its clients enhanced execution capabilities. PrimeXM’s smart order management and aggregation engine has been developed to cater to the ultra-low latency demands of the market and the new partnership will further improve Swissquote’s advanced distribution abilities.

Through this new partnership, PrimeXM clients will gain access to a source of top-tier co-located liquidity and benefit from competitive discounted fees.

“”We are particularly proud of this new partnership with Swissquote as they are a reputable liquidity provider and through this partnership we will be able to offer our clients another source of top-tier liquidity. Our XCore has been customised to meet the needs of Swissquote and are very happy with the integrated solution we have created together with Swissquote.” Cristian Vlasceanu, PrimeXM CEO

“We are very proud to begin such a promising partnership. The true fusion of FinTech and Banking is invaluable in providing brokers both best execution and the tools essential for successful growth said Kseniya Zubkova, Head of Institutional Forex

Subscribe

Read this next

Fintech

Sumsub adopts Europe’s new KYC standards for crypto

“Businesses are facing a rising regulatory tide where properly preparing for compliance is crucial. There is now a simple choice, whether to implement solutions that can deliver this, or instead risk significant financial and reputational damages.”

Chainwire

Bybit Web3 Launches Industry’s First Bitcoin Layer 2 Airdrop Campaign, Paving the Way for a New Bitcoin Era

Bybit, one of the world’s top three crypto exchanges by volume, is excited to announce that Bybit Web3 is launching the industry’s first Bitcoin Layer 2 Airdrop campaign through its Airdrop Arcade.

Bybit pacman gaming
Retail FX

Vantage observes results of US$100,000 donation to UNHCR

Vantage’s US$100,000 donation has helped approximately 788 refugees, internally displaced persons (IDPs), and returnees in 2023 alone.

Executive Moves

Tradition hires Michel Everaert to integrate data science and AI

“I am excited about the potential this offers, and look forward to building relationships and working with teams across the global business.”

Retail FX

IBKR extends US Treasury bond trading to 22 hours per day

US Treasury bonds are highly sought after by investors seeking stability and security in their portfolios as these instruments are often considered one of the safest investment options. 

Market News

Navigating Yen Depreciation and Euro Resilience in Global Markets

Amidst the persistent depreciation of the Japanese yen against the US dollar, pressure mounts on Japanese policymakers to translate their verbal assurances into tangible actions.

acy securities logo
Digital Assets

El Salvador refutes rumors of Bitcoin wallet hack

Chivo Wallet, El Salvador’s official cryptocurrency wallet, has dismissed reports of a hack involving its software source code and the data of over 5 million users associated with its KYC (Know Your Customer) procedures.

blockdag

Best Crypto to Buy: BlockDAG Presale Hits $20.1M Following Moon-Shot Keynote Teaser as Dogecoin & Shiba Inu Prices Plummet

This landmark achievement sets it apart in the cryptocurrency landscape, where traditional favorites like Dogecoin and Shiba Inu are witnessing a price decline.

BlockDAG to the moon
Digital Assets

MetaMask developer sues SEC over regulatory overreach

Ethereum ecosystem developer Consensys Software has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the agency’s regulatory actions concerning Ethereum and its related services.

<
✖