Centroid aggregation liquidity hub integrates with DXtrade platform
Multi-asset broker solutions provider Centroid Solutions has announced that DXtrade, a stock and forex trading platform for brokers built by Devexperts, was integrated with Centroid’s aggregation liquidity hub.
This integration offers FX and CFD brokers using the DXtrade platform with direct access to Centroid’s ultra-low latency liquidity aggregation engine, with connectivity options to over 100 market-makers. The collaboration between Centroid Solutions and Devexperts is aimed at developing and offering technology and service at the highest level for both brokers and their traders.
Cristian Vlasceanu, CEO of Centroid Solutions commented:
“We are delighted to have completed the integration with DXtrade and establish this partnership with Devexperts, a long-time innovator for trading solutions. Through our Centroid Gateways system we aim to be the de facto connectivity engine for multi-asset brokerage houses, sitting at the core of the trading infrastructure, and facilitate seamless interaction between market participants. We have no doubt that our customers will benefit from this integration, and we will continue to deliver functionality that provides a competitive edge.”
Denis Kozlov, VP of Business Development at Devexperts added:
“As the retail trading platform segment has been somewhat stagnant for years, a few months ago we rolled out a new trading platform DXtrade. It is affordable for start-up and growing brokers and raises the bar for trading platforms while bringing significant improvements into this segment. We’ve consolidated all our expertise collected for the past 20 years of work with large brokers into DXtrade and are extremely happy that such a strong partner as Centroid is already integrated with it and supporting the rollout of this platform.”
Centroid technology connects brokers into a liquidity network and enables DXtrade clients to integrate with various liquidity providers with no further development. Additionally, Centroid Solutions also offers an all-in-one risk management software that consolidates and analyses trading data on real-time basis, providing comprehensive risk management and analytical insights, risk alerts, complex simulations for the dealing room and executives of the company.
Centroid Solutions is a fintech innovator specializing in risk management, quantitative risk analytics, bridging and connectivity, sophisticated execution strategies and P&L optimization for multi-asset financial brokers. Centroid offers a complete suite of technology solutions and infrastructure that is specifically designed to help brokers optimize their business operations and performance, expand their product offering and facilitate business growth.
Centroid Gateways Aggregation Engine is an innovative bridging and execution engine, featuring a quant-based execution technology which enables flow allocation between b-book and a-book at a granular trade level, based on any quantitative risk factors the broker is tracking. The execution engine offers connectivity capabilities to a wide range of liquidity providers and opens up new revenue capturing capabilities for the broker, as well as greater flexibility for controlling the exposure, managing and optimizing the flow.
DXtrade is a SaaS trading platform ready for white-labelling for retail FX and CFD brokers worldwide. The platform was developed by Devexperts, a software provider specializing in trading and investment software development since 2002.