CFH Clearing Partners With PrimeXM to Offer Liquidity In Asia

PrimeXMCFH Clearing, a leading UK FCA-authorized prime brokerage solutions provider, has integrated PrimeXM’s XCore technology in London (LD4) and Tokyo (TY3) to strengthen CFH’s liquidity offering and to provide local liquidity to brokers and clients in both data centers.
The integration of this technology, in particular, the ability to provide local liquidity from TY3, cements CFH’s leadership position in Asia. Additionally, Tradetech Group’s liquidity provider will be able to use PrimeXM’s aggregation and distribution capabilities for clients across Asia.
Marc Levin, Chief Commercial Officer of CFH Clearing, commented:
Marc Levin, Chief Commercial Officer of CFH Clearing
Marc Levin, Chief Commercial Officer of CFH Clearing

“This integration means that our Asia coverage is now unparalleled. Being able to offer liquidity in both TY3 and LD4 is a significant differentiator for CFH, and our superior execution capabilities in TY3 will reinforce our position as a leading liquidity provider in Asia. We have made a major investment in the PrimeXM partnership, which has already been a huge success and integrating with XCore in TY3 and LD4 was a natural development of this existing relationship. We believe having PrimeXM as a technology partner for our liquidity offer will be the catalyst for significant growth for CFH in the future.”

Cristian Vlasceanu, Chief Executive Officer at PrimeXM, said:
“Asia has been one of our strategic areas of focus for the last years, where we have achieved a strong presence by leveraging our dedicated TY3 XCore environment. To this extent, we are pleased to announce that after months of complex integrations, CFH’s dedicated XCores are live in both TY3 and LD4, bringing our partnership to the next level. This once again shows both companies’ commitment to the region as brokers can benefit by gaining access to faster and more cost-effective local liquidity through CFH's offerings.”
Cristian Vlasceanu, Chief Executive Officer, PrimeXM
Cristian Vlasceanu, Chief Executive Officer, PrimeXM

PrimeXM and CFH Clearing have first established a business partnership in 2009. PrimeXM is a leading player in connecting financial institutions to the global markets through cutting-edge low latency technology. XCore, its primary offering, is an aggregation and execution engine which provides a centralized environment for liquidity and risk management.

CFH Clearing is part of Tradetech Group’s business roster ever since online gambling software development company Playtech acquired the liquidity provider for $120 million in 2016. With this decision, Playtech entered the B2B market after first joining the Forex B2C business in 2015, with the acquisition of Markets.com and TopOption.com in a $225 million deal.