oneZero, a financial services technology provider, announced on Tuesday the launch of its institutional hub, facilitating trading services to institutional brokers, prime of prime providers, and banks.
The company explained that the new institution-focused service will allow clients to define all trading criteria with advanced aggregation, price formation, customized distribution, risk management and systematic hedging.
Furthermore, institutional brokers and banks can analyze liquidity provider performance and client trading behavior. Moreover, the service will allow the clients to establish a bilateral relationship between their customers and liquidity providers.
Commenting on the institutional services, Uri Lerman, oneZero’s Segment manager of wholesale brokers, said: “The Institutional Hub user interface gives control back to the trader, presenting them with a simplistic way of executing complicated workflows. Clients can compare full amount trades with sweepable and bespoke streams.”
Targeting Both Retail and Institutional Service Providers
Founded in 2009, oneZero is easing the technological requirements of the institutions, offering many aggregator services. It caters to over 200 clients under its multi-asset class liquidity distribution channel.
The newly launched service is the extension of the company existing retail broker hub and liquidity provider hub. Additionally, the company offers market access and a cloud-based data source for business intelligence under its EcoSystem, which enables companies to make informed strategic decisions.
Apart from expanding its product suite, the company is inking partnership deals with industry players. FortuneZ earlier reported on oneZero’s deal with FXCM Pro for the integration of the brokerage’s pricing within the oneZero Hub infrastructure.
The company’s focus to expand its institution business is also reflected in its appointments. Last month, Stuart Brock joined oneZero to Head its institutional sales division in the United Kingdom and Europe.