FXCM Pro, the institutional arm of FXCM, has formed a liquidity bridging partnership with Tools for Brokers (TFB), a technology provider for retail brokers, prop trading companies and hedge funds.
FXCM Pro will stream its institutional liquidity directly to TFB clients, enabling them to connect pricing and trading to their MT4 and MT5 platforms using TFB’s FIX application programming interface (API) server. On the FXCM Pro side, the firm’s clients will benefit from an additional option when selecting a technology/bridge provider.
Alexey Kutsenko, CEO at Tools for Brokers, said: “Under the partnership, FXCM Pro’s clients will benefit from advanced and fast execution without compromising quality or security. Combining our experience and expertise will create a strong platform for many brokerages and hedge funds, allowing them to scale faster and more sustainably.”
TFB’s Trade Processor bridge works with the MT4 and MT5, cTrader, Match-Trader and other platforms and supports third-party integrations via external FIX API. Additionally, it provides brokers with data analysis and an enhanced risk management interface.
Mario Sanchez, managing director and global head of FXCM Pro sales, said: “This collaboration gives our clients additional choice when it comes to selecting a bridging provider and by selecting TFB, they will benefit from fast execution, automation and improved market access.”
FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime.
Tools for Brokers (TFB) offers a set of solutions centred around its Trade Processor liquidity bridge, supported by data management and reporting, money management, and a single web-user interface for individual solutions’ management.
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