, a provider of a cloud-centric platform as a service offering, has expanded its technical infrastructure with the addition of seven new data centers – LD5, NY4, NY5, CH1, HK1, TY3, and FR2.
This is an expansion from the LD4 Equinix data center of the firm, which was added last month as its main infrastructure hub.
Announced on Tuesday, the newly added hubs will allow the company to host its liquidity solutions, along with a strategic benefit of being in proximity to liquidity providers.
In an e-mail response to Finance Magnates, Andrey Vedikhin, CEO of Your Bourse, said: “What helps us to stand out of the competition is the extremely user-friendly processes: tasks normally performed by IT staff can now be done within 15 minutes by a business executive in a web-based application. Adding another liquidity provider is as simple as posting a photo on Instagram. Now that we’re all set up with the infrastructure, we will continue working on adding more product features to our Liquidity Hub. Adding cryptocurrency trading is one of the next big things in the pipeline.”
Targeted to entry-level players with budget plans
Founded in 2013, the United Kingdom-based company offers liquidity, order execution, and risk management services to its clients. Targeted to both retail and institutional players, the company has kept its entry pricing as low as €200 (approximately $220) a month to attract the attention of small players in the market.
As seen on its website, Your Bourse’s monthly plans go as high as €1,500 (around $1,650).
“Combined with the affordable pricing, this expansion makes Your Bourse product offering even more attractive to MT4/MT5 retail and institutional brokers as cost-effectiveness becomes one of the most crucial challenges for forex brokerages,” the company stated in the announcement.
The company’s liquidity management and execution platform called Liquidity Hubs is designed for both MT4 and MT5 brokers and offers liquidity aggregation from 30+ liquidity providers. In addition, it also offers a low-latency matching engine, MT4 Bridge and MT5 Gateway, data warehouse, and risk management solutions.
Earlier this month, to offer its liquidity through the Your Bourse Liquidity Hub.
Beeks, a competition to Your Bourse, also in the data centers of three international locations, Finance Magnates reported.
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