Gold-i Partners with UK Based GMI to Bring Multi Asset Liquidity Access to Matrix Clients

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.


Gold-i Partners with UK Based GMI to Bring Multi Asset Liquidity Access to Matrix Clients

December 21, 2018

Gold-igold has partnered with GMI UK to bring access of latter’s multi-asset liquidity to its global client base via MATRIX integration. The combined effort will enhance Gold-i’s liquidity distribution network while tapping into GMI’s price aggregation and matching capabilities. This collaboration helps expand the company’s institutional client base while continuing to service the retail brokerage, mid-sized institutions, and active professional traders. The integration also enables Gold-i’s clients to access GMI’s FX and CFD liquidity, which includes a powerful pricing aggregation from major ECNs. Gold-i’s Matrix suite of products are described as the company’s most significant products since its inception. They enable clients to access and manage multi-asset liquidity, including FX, CFDs and cryptocurrencies, or distribute multi-asset liquidity to clients.

Gold-i’s Matrix Insights provides analysis and reporting capabilities that can help brokers to respond to clients’ queries, satisfy regulatory requirements and maximize profitability. Global Market Index Limited (GMI) is a UK-based and FCA authorized B2B/STP-ECN broker widely known for its institutional FX and CFD liquidity. It offers highly customized and sophisticated technology and liquidity solutions to fit the varied complex needs of its institutional clients around the world such as banks, hedge funds, family offices, brokers and high net-worth professional clients. When speaking of this partnership, Ashraf Ebid, CEO of GMI commented that

“Gold-i has reliable, market-leading technology and a worldwide client base. They are an ideal partner for GMI as we continue to evolve our business, expand globally and make our liquidity accessible to a wider audience. This latest development follows a major growth period for our business which has included significant investment in our technology, a number of new offices and a series of senior hires.”

while Tom Higgins, CEO of Gold-i said that he is delighted to bring GMI’s liquidity services to Gold-i’s clients and added that “GMI’s multi-asset liquidity will be welcomed by our clients worldwide, particularly in Asia where GMI has a reputation for excellence and has built a strong brand from its local offices in the region”.

Both companies are currently in a growth phase with significant efforts aimed at expanding client base across the globe. Ashraf Ebid led GMI group into a tremendous growth phase in last two years under his leadership and the company has expanded from 2 offices in 2016 to 15 offices around the world and has increased its trading volume by more than 20 times. Similarly Gold-i which is Celebrating its 10th anniversary this year has exhibited considerable growth and is currently in process of expansion as demand for Gold-i’s Matrix suite of products is increasing among brokers worldwide which makes this partnership a great strategic move with significant advantage for both parties both in terms of expanding client base and improving the quality of service to their clients.

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