Retail FX and CFDs broker Accuindex has announced it has partnered with broker technology provider PrimeXM, adding PrimeXM’s XCore technology to its services. Accuindex said that it has been expanding its product offering to support the demands of its quickly expanding client base consisting of retail and institutional traders from around the world.

“We are delighted about our new partnership with PrimeXM. This collaboration will allow us to promote our institutional connectivity to our wide-ranging and quickly expanding client base as part of our ongoing global expansion.” commented Hasan Al Aqqad, Chief Executive Officer at Accuindex. He continued to say, “This cutting-edge technology provides us with the global scale infrastructure expertise we need to achieve ultra-low latency and superior security levels for our clients trading environment.”

PrimeXM provides its XCore engine facilitating low-latency connectivity with a flexible pricing and aggregation engine, advanced risk management and full reporting used by more than 250 Institutional Brokers, Prime of Primes and tier 2 banks.

Galin Georgiev, COO at PrimeXM commented on the partnership:

“We are excited to partner with Accuindex’s experienced team and support them in their global expansion to roll out their multi-asset trading offering. We welcome them as a valued partner into our growing XCore trading community, where traders and investors can benefit from ultra-low latency execution with a plethora of high-quality Liquidity Providers and institutional grade stable infrastructure.”

UAE based Accuindex operated as an offshore, Mauritius licensed FX broker until last year when the company acquired Cyprus based, CySEC licensed Ruizean Markets Ltd, now renamed Accuindex EU Limited. The company has been expanding and adding talent in recent months including former MultiBank exec Adel Jibrin to head Middle East operations, and Husein Al-Koofee to lead the new Cyprus business.