Saturday, June 15, 2024

Swissquote Liquidity Swimming pools Now Accessible through Fortex Integration

by Jeremy

Fortex has
built-in with Swissquote to boost its Liquidity Hub ecosystem, offering buying and selling
corporations entry to deep liquidity swimming pools. The partnership guarantees
improved buying and selling circumstances, quicker execution, and a seamless person expertise
for brokers.

Fortex Integrates with
Swissquote to Improve Liquidity Entry for Brokers

The
integration combines Fortex’s buying and selling know-how and Swissquote’s deep
liquidity, promising varied advantages for FX/CFDs corporations. With this
collaboration, brokers can now leverage Swissquote’s liquidity swimming pools, that are
anticipated to lead to tighter spreads and extra aggressive pricing, in the end
benefiting the end-users.

Furthermore,
the mixing is designed to streamline commerce execution processes, making certain
quicker and extra environment friendly transactions.

“This
partnership aligns with our mission to supply brokers with superior buying and selling
know-how and assets,” stated Aris Christoforou, the Head of Advertising &
Operations EMEA at Fortex. “The improved liquidity and improved buying and selling
circumstances will considerably profit our shoppers, enabling them to realize
higher buying and selling outcomes.”

Fortex
Updates

That is
one other replace from Fortex, following the monetary know-how firm’s
introduction of 4 new options to their platform final month. A serious
addition is the built-in CFD FX buying and selling, which boosts the number of
monetary devices accessible to brokers and fund managers, providing wider
alternatives for diversification and adaptability in shopper portfolios.

4 months
after launching the seventh model of its buying and selling platform and updating the
XForce cell buying and selling app, Fortex has additionally added new threat administration options
and launched automated real-time dealing instruments designed to enhance brokers’
effectivity and management.

Swissquote Companions with B2C2

In a separate replace from as we speak, Swissquote introduced that it has partnered with the institutional liquidity supplier for digital belongings, B2C2, to deepen liquidity on its SQX change.

“SQX has confirmed itself as the most important and strongest digital belongings change in Switzerland, main with higher liquidity and quicker execution for our clients, strengthening our place as a acknowledged chief in crypto buying and selling,” stated Jan De Schepper, the CSO of Swissquote. “We’re delighted to have B2C2 as a strategic companion at our aspect. Collectively, we’re dedicated to offering superior execution, enhanced transparency and a fair higher total buying and selling expertise.”

In the meantime,
Swissquote goals to conclude 2024 with an annual income of CHF 595 million and
a pre-tax revenue of CHF 300 million. This goal follows a 12 months the place the
firm’s income rose by 30.2% to CHF 531.4 million, and pre-tax revenue
elevated by 26% to CHF 270.9 million.

This text was written by Damian Chmiel at www.financemagnates.com.

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