Aggregation and connectivity solutions provider PrimeXM and trading systems integrator Tickstarter have announced that they will be forming a partnership to promote institutional connectivity for prime brokerages and hedge funds.
The new partnership reflects PrimeXM’s vision for growth and will further enhance the company’s commitment to strategic expansion.
Cristian Vlasceanu, PrimeXM CEO commented:
We are happy to be partnering up with Tickstarter as we are confident that this new partnership will increase awareness for our technology. Tickstarter helps businesses remain up-to-date with the evolving landscape and we are positive that this partnership will be mutually beneficial.
PrimeXM’s aggregation and connectivity engine, XCore, is one of the most sophisticated in the industry, while the company’s reputation is preceded by its institutional grade infrastructure and superior hosting solutions. PrimeXM has also developed technology for the popular MT4 and MT5 platforms, which includes an ultra-lightweight bridge and fully-customisable white labels.
Stephen Murphy, Tickstarter CEO added:
We are very proud of this collaboration as we have identified PrimeXM’s ubiquitous flagship product, the XCore, as the market leader for robust and scalable ultra-low latency multi-asset OTC and DMA connectivity, spearheading growth for all types of financial institutions permissible within the XCore ecosystem, from start-up retail brokerages to established prime of prime brokerages and hedge funds.
As a leading independent trading systems integrator, Tickstarter has empowered many financial institutions to become more agile and innovative by leveraging mature and disruptive technology. Mr. Murphy notes that the independent, but seamless business relationship between PrimeXM and Tickstarter will allow the Tickstarter team to grow its entrepreneurial skills, while it will also serve as “an exciting and immediate value proposition for new and existing clients.”