GMI UK Teams With oneZero To Provide Crypto Liquidity

News | February 4, 2019 By:

Trading technology developer oneZero Financial Systems is partnering with Global Market Index Limited (GMI UK) to integrate GMI’s API into its distribution network.

oneZero designs and develops institutional software solutions for the foreign exchange, commodities, and futures markets. The company offers oneZero Hub, a platform that connects trading platforms to a broker’s aggregated liquidity, and oneZero Advanced Reporting and Monitoring System, a broker analytics platform that enables brokers to monitor and manage market and credit risk. It serves global brokers, funds, banks, and other financial and commodity market participants worldwide.

GMI UK is a UK Financial Conduct Authority regulated institutional FX and contracts for difference broker. It offers a series of FIX APIs connectivity, and brings “Best Bid Best Offer” price flow to clients with ultra-low latency execution.

Under the agreement, GMI UK will join oneZero’s Ecosystem to distribute forex, cryptocurrency and CFD liquidity to oneZero’s network of over 200 makers and takers.

Andrew Ralich, CEO of oneZero Financial Systems, said that the addition of GMI UK to oneZero’s EcoSystem expands their global institutional client base.

“We are happy to integrate their API into our distribution network, so EcoSystem takers can have access to a new source for FX, CFD and cryptocurrency trading,” Ralich said.

The oneZero network includes GO Markets, an Australian forex and CFD broker, Jefferies Group, WOW TRADER, Tradesmarter’s proprietary B2B platform for CFD trading, and CFH Clearing, among others.

“We are excited to distribute liquidity to oneZero’s large network of retail brokers, asset managers and hedge funds as an EcoSystem partner,” said Chris Hossain, Global Head of Institutional Sales – eFX & CFDs at Global Market Index.