Prime of prime broker Global Prime said on Monday morning that it has partnered with Gold-i.
The deal between the two companies will see the Aussie prime of prime distributing its liquidity through Matrix Net – Gold-i’s liquidity management platform.
“When the opportunity to be part of Gold-i’s Matrix NETwork was presented to us, we didn’t think twice about it,” said Elan Bension, an executive director at Global Prime.
“We are very proud to partner with Gold-i and believe this is a perfect synergy for brokers worldwide. We are confident that Gold-i’s sophisticated liquidity management platform and our high quality liquidity solution will provide significant opportunities of growth for brokers worldwide.”
FX, CFDs, and Crypto
Matrix Net allows liquidity providers to distribute their market-making services to different clients. Currently, the platform supports FX, CFDs, and cryptocurrencies.
Global Prime will be providing users of the platform liquidity in FX and NDFs, as well as CFDs on indices, cryptocurrencies, and metals.
The Sydney-based company says it has connections with more than twenty banks, non-bank market makers and ECN operators.
“Our focus remains on offering clients the best liquidity in the market at the best prices, and ensuring that Gold-i clients can access multi-asset liquidity in an optimal way,” said Gold-i CEO Tom Higgins.
“We are therefore delighted to welcome Global Prime to our Matrix NETwork and give further choice of high quality, multi-asset liquidity to our clients worldwide.”