CMC Markets Connect today announced an upgrade of its tech stack to provide faster price construction and increase the range of asset classes available for trading. CMC Connect now gives its clients to an additional 60+ Spot FX pairs and precious metals.
The Connect team has partnered with Quod Financial to utilise their AI/ML powered algorithms to upgrade existing infrastructure and improve speed. CMC and Quod’s technical integration in LD4 between Quod’s quoting servers & CMC’s trading engine optimises price feed management and allows CMC to provide consistently competitive pricing.
Richard Elston, Group Head of Institutional at CMC Markets said:
In response to the demands of our expanding institutional client book we have upgraded our technology stack to allow for faster price construction across a wider range of asset classes. Today’s announcement comes following the launch of our dedicated institutional brand at the start of 2021 and acts to support our shift to an ‘institutional-first’ approach to developing and optimising our product suite.