CMC Markets joins qh API Ecosystem - The Industry Spread

Ricardo Esteves

Ricardo Esteves has seen business and economics through many lenses. He joined the Financial Services Industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Esteves' work has appeared in a variety of online publications including FX Street and FinanceFeeds.

CMC Markets

CMC Markets joins qh API Ecosystem

March 1, 2018

QuantHouseEnd-to-end high-performance market data and trading through API based technologies are on a roll as QuantHouse announced that UK-based financial derivatives dealer CMC Markets joined its qh API Ecosystem.

In 2017, QuantHouse made the news when Metori Capital Management started using the QuantFACTORY algo-trading development framework to automate its trading portfolio.

In late 2017, Horizon Software joined the qh API Ecosystem to enable buy-side and sell-side firms to benefit from high-capacity and ultra-low latency trading systems to complement or replace existing legacy trading infrastructures.

CMC Markets’ institutional division customers – banks, hedge funds, and brokerages – want wholesale access to the company’s highly regarded technology via CMC’s Direct API, Prime API, and various Front end platforms. By joining the qh API Ecosystem, financial firms, as well as QuantHouse’s clients, will have easy, efficient access to trade on CMC Markets’ platform.

“Our clients have been asking us to give them the ability to access additional asset classes, so with this in mind we have been developing our new CMC Prime platforms and API technology”, said Anthony Edwards, Institutional Sales Manager, CMC Markets, “This will allow our institutional counter parties to directly access an extended range of instruments, all from a single provider.”

Joining the qh API Ecosystem will allow CMC execution services to be easily accessible by hedge fund and brokerage clients in more than 22 financial datacenters across the globe through the QuantHouse network.

Stephane Leroy, Business Co-Founder and Chief Revenue Officer, QuantHouse
Stephane Leroy, Business Co-Founder and Chief Revenue Officer, QuantHouse

“CMC Markets shares the same ethos as QuantHouse – to provide easy API connectivity on a low latency basis”, said Stephane Leroy, Business Co-Founder and Chief Revenue Officer, QuantHouse, “This new tie-up ensures QuantHouse’s clients will benefit from quick, efficient and low-cost access to trading on the CMC platform, while at the same time, CMC clients will benefit from easy access to the API Ecosystem for a number of trading services made available by our members.”

CMC Markets has a proven track-record of providing Application Programming Interfaces (API), such as the Spread Betting API launched in October 2017. Additionally, the online broker launched a new Prime FX proposition to its Institutional Suite.

In September 2017, the company announced the integration with high-performance execution management systems provider FlexTrade to enable the wider dissemination of its proprietary CFD liquidity. 

Earlier in 2017, CMC Markets a new Contract for Difference (CFD) product in France, in part, to meet new regulations as part of the landmark Sapin 2 Anti-Corruption Law. Regarding CFD products, the broker also launched a Knock-Out CFD product in Germany and Austria.

Australian research house InvestmentTrends commended CMC Markets for “helping clients manage risk in volatile times”

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