Irvine, California, March 07, 2016 (GLOBE NEWSWIRE) -- Match-Trade Technologies LLC, ("Match-Trade"), headquartered in Irvine, California, a fully integrated forex technology company, is pleased to announce its Strategic Cooperation Partnership with X Open Hub (“XOH”), a trading name of XTB Limited which is authorized and regulated by the UK Financial Conduct Authority.
In this partnership arrangement, Match-Trade will be an official partner which provides bridging and aggregation technology to XOH and its clients. In the past few months, the Company has already successfully on boarded and integrated several clients for XOH.
Match-Trade and XOH share similar philosophies for an open, fair and transparent forex trading venue. Consequently, the Company is extremely proud to be partnering with XOH, which is a pioneer in creating an open ecosystem for forex market participants, including but not limited to brokers, banks and non-banks liquidity providers, technology solution providers, software developers and others.
X Open Hub is a trusted global leader in Multi-asset liquidity and technology solutions. Offering +1700 instruments: FX, Indices (worldwide coverage), Commodities (agriculture, industrial and precious metals, energy and more), Equities (DMA), Stocks, ETFs, Bonds and other CFDs to over 100 financial institutions.
“Nowadays banks and brokerage houses are looking into expanding the list of offered instruments to stay competitive and to win over regular FX and bullion providers. Institutional clients are willing to introduce new products using already implemented solutions. By partnership with Match-Trade, XOH offers both.” – says Michał Copiuk CEO of X Open Hub.
Match-Trade offers one of the fastest and the most robust matching engine technology created for all types of Forex market participants who are interested in creating a fair, fully anonymous and independent venue, which is not skewed in favor of Liquidity Providers (LPs). The core of Match-Trade System is the Ultra-fast matching engine, which enables seamless execution of trades between various market participants and build additional liquidity, which was previously reserved only to standard LPs.
Key features of Match-Trade System are as follows:
- Execution of over 50,000 transactions per second
- Direct orders matching between market participants
- Free MT4 FIX Bridge for our institutional clients
- FIX API for retail clients and liquidity takers with full order book available via FIX
- Enhanced and Super Lite Web based Match-Trader platform
About Match-Trade Technologies
Match-Trade Technologies LLC, ("Match-Trade"), headquartered in Irvine, California is a fully integrated forex technology provider that delivers turnkey matching engine solutions to all forex market participants looking to access the retail and institutional spot forex markets. Match-Trade has combined together state of the art software components of matching engine technology that enable forex providers (Brokers, Prime Brokers and other LPs) to participate in the new generation of transparent, distributed and independent ECN forex market.
About X Open Hub
X Open Hub is a global leader for multi-asset liquidity and technology solutions. Offering over +1700 instruments via FIX, API, MT4 WL or XOH Trader. X Open Hub is the trading name of XTB Limited which is authorized and regulated by the UK Financial Conduct Authority (FRN522157) with its registered and trading office at Level 34, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom (company number 07227848).