FXCM Pro, the institutional division of broker FXCM, has entered into a partnership with technology provider Tools for Brokers (TFB) to improve liquidity.
The partnership will allow FXCM Pro to provide its institutional liquidity directly to Tools for Brokers clients, enabling them to connect pricing and trading to their MT4 and MT5 platforms via TFB's FIX API server. In addition, FXCM Pro users will have an additional option when selecting a technology or bridge provider.
According to the Business Wire news portal, TFB's Trade Processor bridge works with MT4 and MT5, cTrader, Match-Trader, and other platforms and supports third-party integration via an external FIX API. It also provides brokers with data analytics and advanced risk management capabilities through a simple and easy-to-use interface.
"At FXCM Pro, we are committed to providing our clients with the technology they need to succeed, and this is demonstrated in our partnership with Tools for Brokers. This collaboration gives our clients additional choice when it comes to selecting a bridging provider, and by selecting TFB, they will benefit from fast execution, automation, and improved market access," said Mario Sanchez, Managing Director and Global Head of Sales at FXCM Pro.
"We are excited to partner with FXCM Pro. Under the partnership, FXCM Pro's clients will benefit from advanced and fast execution without compromising quality or security. Combining our experience and expertise will create a strong platform for many brokerages and hedge funds, allowing them to scale faster and more sustainably, commented Alexey Kutsenko, CEO at Tools for Brokers.
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