Online trading firm Scope Markets has teamed up with Gold-i, a trading systems integration specialist for the financial services industry, to offer liquidity to Gold-i’s client base, the companies announced via a joint statement this Wednesday.
Scope Markets is a global FX and CFD broker with a particular focus on emerging markets. Under the agreement, the broker has integrated with Gold-i’s Matrix, a multi-asset liquidity management platform equipped with multiple routing and aggregation methods.
Another liquidity provider for Gold-i’s Matrix
Gold-i has partnered with a number of brokers, exchanges and trading firms to provide liquidity via its Matrix platform. As , towards the end of last year, Global Market Index Limited (GMI) partnered with Gold-i to provide its liquidity via the Matrix platform.
“Their liquidity will be welcomed by our clients worldwide, particularly in Asia and emerging markets where Scope Markets has a reputation for excellence across different regions.”
Brokers who consume liquidity from Gold-i’s Matrix also have access to Matrix Insights. This feature provides firms with information that allows them to analyse order routing and execution statistics across all asset classes.
Scope Markets continue expansion plans
The partnership announced today will allow Scope Markets to continue its growth in emerging markets. Earlier this year, the company with Hong Kong-based m-FINANCE, which will allow the company to expand its footprint in Asia.
Similar to its deal with Gold-i, the FX broker provides its liquidity to m-FINANCE clients. The partnership came at a time when diversification for brokers, especially away from the EU, was becoming increasingly important – and still is.
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