CMC Markets Institutional, the B2B face of the financial derivatives dealer, has announced a partnership with oneZero Financial Systems. The collaboration enables the leading provider of liquidity and white label trading solutions to disseminate its multi-asset liquidity feed to a wider range of accredited counterparties, using a seamless automated solution for market connectivity and price distribution.
The oneZero’s EcoSystem has over 150 banks, brokerages and hedge funds already connected to the company’s proprietary software and infrastructure. Through the partnership, these institutions will now gain access to CMC Markets’ liquidity discounted rates.
Richard Elston, head of institutional at CMC Markets, said: “Distributing our multi-asset liquidity over the popular Hub from oneZero Financial is a great step forward for all concerned. Counterparties now have, for the first time, a single consolidated liquidity source covering not just forex but also a comprehensive range of indices, commodities, and treasuries, all at a highly competitive rate.”
Andrew Ralich, Chief Executive Officer of oneZero Financial Systems, commented: “The introduction of CMC Markets as a B2B liquidity provider within our EcoSystem is a major step forward in our combined vision of the future of the liquidity and credit marketplace. Allowing clients to access to such a broad list of non-FX products, under a unified technology and clearing solution, is a highly progressive model both in terms of software and brokerage.”
The oneZero EcoSystem has only a few providers of multi-asset liquidity under a single B2B feed. CMC Markets is well positioned to benefit from the current liquidity market unbalance as it is uniquely offering access to one of the widest range of financial instruments from any provider.
A growing number of emerging hedge funds, asset managers, and other smaller retail brokers are obtaining their liquidity from CMC Markets, a UK-based company founded 29 years ago. The company is listed in the FTSE 250 Index and is regulated by financial watchdogs such as the UK Financial Conduct Authority (FCA), German BaFiN, and Australia’s ASIC.
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.
Australian research house InvestmentTrends commended CMC Markets for “helping clients manage risk in volatile times”.
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.