XTB’s X Open Hub adds 30 cryptos to white label offering for brokers
Its solutions include deep institutional liquidity on more than 5,000 global instruments, such as indices, shares, forex, cryptocurrencies, commodities, and ETFs, and a white label platform that can be fully customized and branded for each brokerage.
X Open Hub has expanded its multi-asset offering by adding 30 new cryptocurrencies and two emerging market indices, CH50cash and IND50cash, to the 5000+ global instruments it already offers.
The provider of technology and transparent liquidity solutions for banks and brokers, X Open Hub helps clients achieve cost-optimized business models through improved operational efficiency and increased profitability.
Despite the ongoing ‘crypto winter’, the brokerage industry still sees great demand for digital asset products. This has led the institutional arm of XTB to introduce 30 new cryptos to its already long list of crypto offerings.
Brokers need to stay abreast of trends
Michael Copiuk, CEO of X Open Hub, said: “We believe brokers need to stay abreast of trends and should perceive a wide range of cryptocurrencies as an additional tool to attract new customers or manage their retention. In the last quarter, we devoted a lot of attention to developing our asset class offering and equipping our partners with all the tools necessary to remain competitive in the market.”
In addition to the 30 new cryptos, X Open Hub has added the IND50cash and CH50cash indices to its liquidity offerings.
The IND50cash is based on the Nifty 50, the benchmark index that includes 50 of the most profitable companies across 12 sectors listed on the Indian stock markets.
The CH50cash, is based on the China A50, a pan-China benchmark index that includes the top 50 companies, based on market cap, listed on the Shanghai and Shenzhen stock exchanges.
X Open Hub is the institutional arm of the XTB, authorized by the UK FCA, CySEC, IFSC, FSCA, and more jurisdictions, where the brokerage giant operates.
XOB provides complete front- and back-end technology and responsive support to propel growth for financial firms. Its solutions include deep institutional liquidity on more than 5,000 global instruments, such as indices, shares, forex, cryptocurrencies, commodities, and ETFs, and a white label platform that can be fully customized and branded for each brokerage.
X Open Hub offers multiple integration options such as FIX protocol, xAPI, MT4/MT5 Bridge or Gateway, and integration with Prime XM, Gold-I, oneZero, and more.
