Finalto Asia and PrimeXM have announced a new strategic partnership, which the parties say will reshape the forex and CFD landscape in Asia and seek to consistently create exciting new liquidity solutions in the region through the partnership. Finalto Asia and PrimeXM bring together two industry leaders, leveraging their respective strengths to create a dynamic and integrated financial ecosystem.
This marks a significant step forward in enhancing liquidity and trading capabilities in the Asia-Pacific region, with a particular focus on Singapore. In this fast-paced industry, meaningful progress and growth requires high levels of expertise and experience – this partnership recognizes this need and is poised to play a key role in shaping the future of financial markets in the region. Market participants can anticipate a more robust, efficient and diverse trading ecosystem aligned with the growing demands of the dynamic financial industry.
By combining the financial services experience of Finalto Asia and the cutting-edge technology expertise of PrimeXM, a leading technology provider for the financial industry, the two said they are better prepared than ever to build robust and sophisticated liquidity frameworks. This strategic alliance aims to strengthen financial markets in Singapore by providing improved access to liquidity, advanced trading technologies and a more diverse range of financial instruments.
Clive Diethelm, founder of PrimeXM said:
“Finalto Asia’s partnership with PrimeXM, leveraging XCore technology in the Equinix SG1 data center, marks an important milestone for our growth in the APAC region. This initiative underlines our commitment to provide sophisticated and efficient trading technology solutions, enhancing our service offering in Singapore’s dynamic financial market.”
Alex MacKinnon, Regional Managing Director of Finalto Asia, also expressed excitement about the partnership, stating:
“This partnership with PrimeXM is a strategic milestone for Finalto Asia. By combining our strengths, we aim to offer unparalleled liquidity solutions and advanced trading technologies to the financial community in Singapore and the region.”
With the partnership, Finalto Asia and PrimeXM said they will be able to seamlessly pool liquidity from various sources. This will result in more efficient and competitive pricing for market participants and foster a more vibrant and dynamic trading environment. The integration of PrimeXM’s cutting-edge technology solutions with Finalto Asia’s financial services expertise will usher in a new era of trading efficiency.
Market participants can expect faster trade execution, reduced latency and an overall improvement in the quality of their trading experience. The new technology will also provide access to a wider range of financial instruments, meeting the diverse needs of institutional clients, brokers and traders in the Singapore market. This includes forex, commodities, indices and more, providing a comprehensive range of options for market participants.