Advanced Markets Enhances Partnership with Tech Provider Centroid

Advanced Markets, an institutional foreign exchange liquidity and prime-of-prime service provider, recently announced that it has enhanced its partnership deal with Centroid Solutions. Under the new agreement, the two will continue delivering solutions to FX brokers, traders and asset managers.

Advanced Markets and Centroid first inked a partnership deal in 2019, working towards connectivity and liquidity services.

Commenting on the new deal, Natallia Hunik, Chief Revenue Officer at Advanced Markets Group said: “With this enhanced partnership, we are striving to deliver best of class service for our clients that will not only provide cost efficiency, but also deliver out of the box solutions for brokers looking to deploy superior Advanced Markets Liquidity to their trading environments.”

The Need for Technology in Trading

Centroid is a technology provider and provides real-time analytical tools and sophisticated risk management functionality to the brokers. Additionally, it offers access to liquidity providers, customized STP and execution rules thus synchronizing brokerage activities.

Now, the infrastructure provider has partnered with dozens of institutional and retail brokers.

Meanwhile, Advanced Markets is strengthening its leadership and team and had a couple of key hires recently. It onboarded Samer Mourched earlier this year as the Chief Executive Officer of the Group’s newly established Bermuda entity, followed by the appointment of Sammy Christou as Chief Risk Officer. Moreover, it secured an investment from Forexify and Corbel Capital Partners, which will be utilized in its global expansion.

“We are delighted with our ongoing partnership with Advanced Markets, a true leader in the Prime of Prime liquidity solutions,” said Cristian Vlasceanu, CEO of Centroid Solutions. 

“We share the same vision and determination to equip our clients with the best setups available, so it came naturally to enhance our partnership, and offer even more reliable, advanced and efficient market access. We are continuously focusing on improving the offering for our clients, and through this partnership, we move a step closer to fulfilling our ambitions.”

Source: Read Full Article