Broker GO Markets and Options Technology, a company specializing in the provision of market data, announced their partnership, which will allow the broker to expand its influence in the Asian market.
The first part of the partnership agreement will provide the broker with Hong Kong Stock Exchange data and the distribution of CFD derivative products.
GO Markets selected Options as its primary market data provider because of its extensive risk monitoring capabilities, efficient market data management system, and world-leading infrastructure, Businesswire reported.
By utilizing Options' ACTIV data, GO Markets aims to expand its offerings and provide users with more options in the financial markets. Specifically, traders and investors will be able to make informed trading decisions and implement their strategies with confidence.
In addition, the reallocation of CFD derivative products will provide traders with a high level of diversification and flexibility.
"We are delighted to be selected as GO Markets' primary market data provider for their expansion into the Asian markets," said Danny Moore, CEO of Options.
"Our comprehensive suite of market data solutions and risk management tools will empower GO Markets to elevate their retail brokerage services and deliver real-time, accurate data to clients," he added.
"Options' advanced market data capabilities align perfectly with our vision of providing top-notch services to our clients. Their technology and expertise will strengthen our risk management framework and empower us to expand our presence in the Asian markets, offering a seamless trading experience for our valued clients," said Soyeb Rangwala, Director of GO Markets.
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