FXCM Pro stands as the institution-focused platform of the FXCM Group. Quite recently, it has partnered with Centroid in order to offer an array of automated risk management solutions to its clients. This was announced by the brokerage on Tuesday.
Taking The Newest Risk Management Solution
Mario Sanches stands as the global head and managing director of FXCM Pro, and gave a statement about the partnership. He explained that working with Centroid will allow for FXCM Pro to provide its clients with a seamless trading experience while using risk management technology. He was sure to point out that Centroid’s risk management technology is both ESMA-compliant and market-leading, as well.
Sanchez went downright savage, describing the legacy risk mitigation systems of “many” of the world’s popular trading platforms as an unfortunate aspect about it. He, however, was sure to point out how FXCM Pro provided its customers with the latest in technology, allowing them to execute their trades in confidence regardless of what platform they choose to use.
The Mandator Kind Words
Richard Bartlett stands as the Head of Business Development at Centroid Solutions, and gave a statement about the matter as well. He explained that the partnership with FXCM Pro would allow for significant value to be added to the client bases of both of those firms.
He went further, explaining that the current landscape for Forex is a hard one to operate in. Thus, it’s easier to have the best kind of liquidity solutions coupled with the next generation of risk management solutions, all in a bid for their respective clients to maintain efficiency.
Centroid specializes in its offering it has for foreign exchange trading platforms, allowing for a sophisticated risk-management service, as well as analytics done in real-time. This serves as something truly useful during these times when markets keep fluctuating.
Ever Pushing Forward
Through the implementation of Centroid, clients of FXCM Pro are capable of monitoring and managing risk and observing regulatory requirements through automated reporting. Alongside this, the press release highlighted its optimized execution, all done within a single framework.
It was just earlier this month when the institutional platform had announced a partnership, as well. This partnership was with Devexperts, in order to provide liquidity to DXtrade, a newly-launched customizable trading platform launched by Devexperts. Alongside this, it had made a partnership with Tradesocio, as well, in order to help strengthen its trading technology.