CMC Markets Brings Prime Liquidity to Gold-i’s Matrix NETwork

CMC Markets Institutional has deployed Gold-i’s Matrix NETwork as an additional distribution channel, making its multi-asset liquidity available to brokers worldwide.

The addition of CMC Markets into the Gold-i’s ecosystem will bring extra liquidity and access to the prime broker’s offering that includes almost 10,000 different instruments covering a range of CFD indices, commodities, FX pairs, treasuries and stocks, strengthening their proposition within the brokerage community.

Gold-i’s Matrix suite of products provides a distribution channel of multi-asset class liquidity for a global network of brokers, prime brokers, and hedge funds. Members are able to deliver their liquidity to other end-customers through Gold-i’s Matrix, as well as manage their trading book and customize their liquidity through different management tools.

Other market participants have recently joined Gold-i’s Matrix NETwork, including cTrader, the FX and CFD trading platform created by Spotware. Matrix Net is an extension of Gold-i’s multi-asset liquidity management platform, Matrix, which gives brokers access to 100s of liquidity providers.

Today’s announcement means that CMC Markets’ multi-asset liquidity can now be accessed by this community under a single B2B feed.

Smart Routing and Direct Connections LPs

CMC Markets Institutional is a provider of liquidity and white label trading solutions to banks, brokerages, funds and dealing desks. The wholesale arm of London-based trading provider CMC Markets ‎‎(LSE: CMCX) allows liquidity takers to connect to its network either by using proprietary trading platforms or via third party technology.

A range of back-office reporting tools and risk management functionality are provided to help brokers optimise their performance.

Commenting on the news, Richard Elston, Head of Institutional at CMC Markets said: “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.”

Gold-i CEO, Tom Higgins also notes: “CMC has one of the most comprehensive multi-asset offerings in the market and is 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.”

(Photo: Gold-i)

bitcoin
Bitcoin (BTC) $ 50,671.00 3.88%
ethereum
Ethereum (ETH) $ 1,685.14 6.26%
tether
Tether (USDT) $ 1.01 0.89%
cardano
Cardano (ADA) $ 1.13 0.11%
binance-coin
Binance Coin (BNB) $ 229.82 0.62%
polkadot
Polkadot (DOT) $ 34.39 1.91%
xrp
XRP (XRP) $ 0.467488 0.48%
uniswap
Uniswap (UNI) $ 30.95 8.41%
litecoin
Litecoin (LTC) $ 187.80 2.38%
chainlink
Chainlink (LINK) $ 28.80 4.37%
S&P 500  ^GSPC 
$3,841.94  $73.47  (1.95%)
Dow Jones Industrial Average  ^DJI 
$31,496.30  $572.16  (1.85%)
NASDAQ Composite  ^IXIC 
$12,920.15  $196.68  (1.55%)
Russell 2000  ^RUT 
$2,192.21  $45.29  (2.11%)
Crude Oil Apr 21  F*CL.NYM 
$66.28  $2.45  (3.84%)
   
$0.0000  $0.0000  (0.00%)