London, United Kingdom (PRWEB UK) 30 April 2013
X3 Open Hub, an innovative trading solution from X Financial Solutions, is a ground-breaking new product for the institutional forex brokerage industry. It offers existing and startup forex brokerages a complete, cutting edge trading solution with open API, as well as the option to now connect to leading liquidity provider FXCM Inc. (“FXCM”).
FXCM’s liquidity offering provides institutional clients a solution needed to match their strategy, with minimal market impact and the ability to receive best execution. Benefits include deep pools of liquidity, robust order booking with low latency and fostered relationships. FXCM has built strong execution relationships with many liquidity providers over the years, which include global banks, financial institutions, and market makers. FXCM receives and is able to pass on these benefits to their clients.
"We are very excited to be working with FXCM," stated Juan Jutgla, Director of Institutional Business at X Financial Solutions. "It wasn’t long after we launched X3 Open Hub that we began working with FXCM to combine our innovative products and offer a market leading end-to-end forex brokerage solution. The collaboration now provides a complete, first-class solution that could place broker partners well ahead of many competitors right from the start."
The X3 Open Hub technology allows forex brokers the opportunity to enhance their client offering:
The two global firms working together in harmony is not only a benefit to a prospective broker partner looking to adopt this trading solution, but also to their end retail traders.
About X Financial Solutions:
X Financial Solutions Limited is a forex brokerage solution provider who are authorised and regulated by the UK Financial Conduct Authority (FRN522157). Its registered and trading office is at 288 Bishopsgate, London EC2M 4QP. United Kingdom. (Company number: 07227848).
For further information about X3 Open Hub, please visit http://www.x3openhub.com.
About FXCM, Inc.:
FXCM Inc. (NYSE: FXCM) is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers world-wide. Founded in 1999 and headquartered in New York, NY, FXCM has operating subsidiaries regulated in a number of jurisdictions, including the United States, the United Kingdom, Hong Kong, Japan, and Australia. FXCM also maintain offices in Italy, France, Germany, and Greece. For further information, please visit http://www.fxcm.com.