Retail FX broker FXCM has reported that its institutional
department, FXCM Pro, has gone live with PrimeXM’s XCore technology.
Institutions seeking an ultra-low latency order management, risk and reporting solution, which can report both real-time and post trade to brokers, regulators and back-office systems, can now connect via FXCM Pro.
FXCM is delighted to announce that we have signed a deal with Prime XM and integrated the FXCM Pro FX and CFD pricing within the XCore infrastructure. XCore has proved to be an extremely popular venue amongst FXCM Pro’s institutional client base,” said Brendan Callan, CEO of FXCM. “As a globally recognized Liquidity Provider, the FXCM Pro team is confident that Prime XM’s market leading technology will complement our extremely competitive spreads to provide FXCM Pro’s institutional clients with a first class trading experience.
Committed to offering market leading technology solutions, we are very pleased to welcome FXCM to our XCore community. FXCM’s top-tier liquidity offering and the organization’s extensive experience will bolster the already strong selection of LPs available within our network and provide significant added value to our client base,” added Head of Global Sales, Richard Bartlett.
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. On a 24/5 basis, the institutional service desk centralizes all customer requests, offering expedited responses to inbound inquiries, which range from API support to cash movements, custom appointments with our technology group and customizing networking and connectivity requirements.