CMC Markets Institutional, the liquidity and white label trading solutions arm of online broker CMC Markets (LON:CMCX), has announced that it is extending its liquidity distribution through a partnership with Gold-i.

Brokers, banks and hedge funds using Gold-i’s multi-asset liquidity management platform, Matrix, can now access nearly 10,000 different instruments from CMC Markets across a range of asset classes, all at highly competitive rates.

In addition to FX pairs, Gold-i clients can select from a wide range of indices, commodities, treasuries and single stock CFDs. Institutional clients wishing to extend their offering to include digital assets have the option to choose from 15 different cryptocurrency coins and indices.

Clients in the UK and Ireland also have the ability to access the CMC Markets native spreadbet API over the Gold-i Matrix NETwork, further improving their ability to efficiently manage risk across thousands of instruments.

Richard Elston, Head of Institutional at CMC Markets commented,

“We have invested heavily in streamlining our own technology, building a low-latency, multi-asset liquidity solution as a result. By partnering with Gold-i, we are able to extend our own reach and deliver high quality liquidity to Gold-i’s extensive global client base. It also opens up new business opportunities for us, particularly in territories such as Latin America where we are increasingly focusing our growth.”

Tom Higgins, CEO of Gold-i added,

“CMC has one of the most comprehensive multi-asset offerings in the market and are a very welcome addition to our Matrix NETwork. Their extensive liquidity pools present our clients with significant opportunities to diversify and add new revenue streams, all on attractive commercial terms.”

CMC Markets said that it continues to bolster its institutional business, providing liquidity and market access to a growing number of emerging hedge funds, asset managers and other smaller retail brokers. The company’s 31-year history, UK stock market listing and oversight by stringent regulatory bodies including the FCA, BaFiN and ASIC serve to make it a popular choice of counterparty across the industry.

Matrix Net is used by leading Liquidity Providers and Prime of Prime brokers to distribute liquidity to Gold-i’s global NETwork of clients. Matrix Net – which supports FX, CFDs and cryptocurrencies in a single solution – is fully compatible with the Gold-i Crypto Switch 2.0.

Matrix Net is an extension of Gold-i’s multi-asset liquidity management platform, Matrix, which is used by brokers to consume liquidity. Gold-i’s Matrix gives brokers access to 100s of Liquidity Providers to get the best pricing across all asset classes. It is super-fast and highly flexible, helping brokers worldwide to make more money and reduce risk.