Exclusive: GCEX to provide crypto liquidity for FX brokers via Your Bourse
FNG Exclusive… FNG has learned that London based regulated crypto exchange GCEX has inked a deal to partner with Your Bourse, to facilitate the distribution of liquidity to the Your Bourse client network.
GCEX has also been temporarily registered in the UK under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 as a crypto-asset business until 9 July 2021, pending the determination of the company’s application by the Financial Conduct Authority (FCA).
Headquartered in London, GCEX was established in 2018 in response to demand for regulated and compliant exposure to the digital asset market. Authorised and regulated by the FCA, GCEX provides funds, brokers, asset managers, professional traders and banks with an advanced suite of integrated financial technology products including AI applications, allowing clients to automate on-boarding, offer and trade digital assets and currencies with tight spreads, deep liquidity from Tier 1 banks and solutions for clearing. GCEX was founded and is run by former Saxo Bank executive and CFH Group co-founder Lars Holst.
Your Bourse is based in Estonia and provides a Platform-as-a-Service solution for FX, CFD and crypto liquidity management, data analytics, reporting and risk management solutions to the retail brokerage and institutional marketplace. The flexible pricing policy allows companies of all sizes and capacity to get access to liquidity from 30+ leading liquidity providers, hosting services in Equinix data centers and lightning-fast execution through MT4/MT5 bridges. Your Bourse was founded in 2013 and is still run by Alpari Group co-founder Andrey Vedikhin.