Forex technology and MT4/MT5 integration specialist PrimeXM has announced that its XCore order management, risk and reporting solution has integrated with Refinitiv Autex Trade Route (ATR).

Refinitiv ATR is one of the world’s largest global FIX-based order-routing networks. This enables the XCore community of brokers to access and trade directly with over 600 institutional execution brokers covering the full spectrum of listed cash equities products: Stocks, ETFs, ETNs and ETCs.

Brokers utilizing XCore technology, as part of their trading ecosystem, can now combine several best-in-class global and local execution brokers, market makers and complete their seamless multi-asset offering via a single connection. Sell-side brokers on the ATR network can also reach out seamlessly to service retail XCore community brokers.

Through this integration, PrimeXM said that XCore is not only simplifying DMA connectivity and execution, but also  providing a comprehensive real-time view to buy-side firms of all transactions executed across multiple brokers into a powerful platform, equipped with built-in risk management, analytics, monitoring and reporting functionalities.

In combination with trading on ATR, XCore also facilitates market data access to exchanges all over the world through Refinitiv Elektron, CBOE, ICE data services and other market data vendors in our ecosystem. This enables the delivery of stable low latency real-time price feeds of subscribed instruments into the XCore either as an independent reference market data price feed.