oneZero Adds FXCM Pro to Its Hub Infrastructure
Financial services technology provider, oneZero has partnered with FXCM Pro to integrate the institutional brokerage’s FX and CFD pricing within the oneZero Hub infrastructure.
Announced on Thursday, this partnership between the two came following their collaboration in other areas. FXCM Pro is now optimistic to reach a wider client base with oneZero’s services.
“Joining oneZero’s market-leading EcoSystem presents an exciting opportunity for both us and our clients,” Mario Sanchez, managing director and global head of FXCM Pro sales, said. “2020 has been a very fruitful year for FXCM Pro in regards of forming new partnerships with technology providers and this latest one with oneZero marks the next exciting step of the journey.”
FXCM Pro is the institution-focused arm of similarly named FXCM. Its offerings include wholesale execution and liquidity services for retail brokers, small hedge funds, and emerging market banks. Additionally, it provinces prime brokerage services via FXCM Prime.
“If the previous six months have shown us anything, it is that brokers’ technology and efficiency has to be the greatest area of focus. Brokers need to ensure that when instances like the events of 2020 occur, and interest from traders grows, they are in a position to onboard clients quickly and efficiently,” Sanchez added.
Providing Technology to Trading Industry
oneZero, on the other hand, is easing the technological requirements of the institutions, offering many aggregator services. It caters to over 200 clients under its multi-asset class liquidity distribution channel.
Recently, the company allowed its clients to select multiple post-trade regulatory vendors on its Ecosystem for reporting in multiple jurisdictions.
“I am delighted that FXCM Pro has joined our EcoSystem, which will give a greater number of customers the choice to access FXCM Pro’s services in a scalable way,” oneZero co-founder and CEO, Andrew Ralich said.
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