The Industry Spread

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

GMI UK

Gold-i 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.