CFH Clearing Integrates New Technology to Strengthen Liquidity Offering

  • Trading Systems , Infrastructure
  • 23.07.2018 10:08 am

CFH Clearing (‘CFH’), TradeTech Group’s multi award-winning liquidity provider, today announces that it has integrated PrimeXM’s XCore technology in London (LD4) and Tokyo (TY3). This development gives CFH the market-leading ability to provide local liquidity to brokers and clients in both data centres. 

The integration of this technology, which is part of a broader partnership with PrimeXM, strengthens CFH’s liquidity offering and enables clients to have faster and more cost-effective access to its liquidity in London and Tokyo. In particular, the ability to provide local liquidity from TY3 cements CFH’s leadership position in Asia. 

CFH will also be able to use PrimeXM’s aggregation and distribution capabilities to improve global connectivity, particularly in TY3, for clients across Asia. 

Marc Levin, Chief Commercial Officer, CFH Clearing, said: “This integration means that our Asia coverage is now unparalleled. Being able to offer liquidity in both TY3 and LD4 is a significant differentiator for CFH, and our superior execution capabilities in TY3 will reinforce our position as a leading liquidity provider in Asia.

“We have made a major investment in the PrimeXM partnership, which has already been a huge success and integrating with XCore in TY3 and LD4 was a natural development of this existing relationship. We believe having PrimeXM as a technology partner for our liquidity offer will be the catalyst for significant growth for CFH in the future.”

CFH’s partnership with PrimeXM, a leading technology provider in the finance sector, was first established in 2009. In that time, PrimeXM has achieved significant traction particularly in Asia.  

Cristian Vlasceanu, Chief Executive Officer, PrimeXM, added: “Asia has been one of our strategic areas of focus for the last years, where we have achieved a strong presence by leveraging our dedicated TY3 XCore environment. To this extent, we are pleased to announce that after months of complex integrations, CFH’s dedicated XCores are live in both TY3 and LD4, bringing our partnership to the next level. This once again shows both companies’ commitment to the region as brokers can benefit by gaining access to faster and more cost effective local liquidity through CFH's offerings.”

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