Eurotrader Group has announced the launch of its new division called Eurocapital which will be its first entry into the multi-asset liquidity provision space.
The new division will serve the institutions exclusively and will offer a wide range of products and instruments in forex, commodities, and CFDs as well. It is fully regulated and holds multiple licenses from CySEC, FINMA, and FSCA. It will be a Prime of prime liquidity provider and the relationships and experience that the Eurotrader team has built up over the years would be useful for the company to be able to provide specifically customized offerings for its various customers. It is expected to provide Tier 1 liquidity with top-of-book prices with very high fill rates. Liquidity is likely to be the key challenge for anyone foraying into the FX space and as it onboard bigger clients, it would be expected to keep its books full and ensure that the liquidity is always strong enough, especially during volatile times, so that the customers can get the fills that they need and also at the time that they need it.
“Our foray into institutional and professional services marks a very exciting time for Eurotrader Group. This new endeavor is a direct response to evolving market needs, which largely center around the demand for increased flexibility and individualized solutions. Eurocapital is committed to and equipped for raising the bar of flexibility, customization, and excellence beyond what is standard today.”
The company also states that Eurocapital is integrated with a range of professional trading platforms and technologies, including Bloomberg, MetaTrader 4, MetaTrader 5, CQG, SS&C Eze, and Trading Technologies.
The company also states that with its superior technology, Eurocapital would be able to provide ultra-low latency and uninterrupted trading flow, ensuring maximum efficiency and fast execution. The firm also has a network of third-party distribution hubs and co-located API connections that together form a robust international infrastructure and seamless connectivity.
With the need for strong liquidity providers continuing to grow, it remains to be seen whether the company would be able to meet the needs of its various institutional customers and also how it can satisfy the various demands of the end-users. It is expected that its experience in this field would hold it in good stead and make a name for itself in this competitive field.