GCEX Partners with PrimeXM For Liquidity Distribution
GCEX a leading technology solutions provider in digital assets and currencies for the institutional and professional segments, announced today it has successfully integrated with PrimeXM’s XCore, an industry leading low-latency aggregation, risk management, and reporting trading system.
GCEX (GC Exchange Limited) part of the GC Group, was established in 2018 in response to demand for regulated and compliant exposure to the digital asset market. Authorised and regulated by the Financial Conduct Authority, GCEX provides funds, brokers, asset managers, professional traders and banks with an advanced suite of integrated financial technology products including AI applications, allowing clients to automate on-boarding, offer and trade digital assets and currencies with tight spreads, deep liquidity from Tier 1 banks and solutions for clearing.
The PrimeXM partnership now allows participants of XCore community to access GCEX liquidity which includes digital assets and FX. The XCore system is an ultra low latency order routing pricing and execution engine which provides institutions the opportunity to connect to a wide range of liquidity providers. Furthermore, XCore is installed and managed by PrimeXM’s infrastructure in Equinix data centres (LD4, NY4, TY3), allowing for the efficient management of the entire brokerage business in a centralised low-latency environment.
GCEX CEO and Founder, Lars Holst commented, “We are excited to enter into this partnership with PrimeXM and integrate GCEX’s digital asset and FX liquidity within the XCore trading infrastructure and community. XCore has proved to be an extremely popular venue amongst GCEX’s institutional client base and we are confident that PrimeXM’s market leading technology will complement our extremely competitive pricing to provide GCEX’s clients with a first-class trading experience”.
“The PrimeXM partnership continues to demonstrate GCEX’s ongoing efforts to provide access to a technology solution which addresses the need for regulated and compliant exposure to digital assets for all market participants.”
PrimeXM COO, Galin Georgiev commented, “We are excited to have this integration with GCEX and welcome them as a liquidity provider into our growing XCore trading community. Our Clients will be able to benefit from such partnership and enjoying cost efficient and low-latency connectivity to execute in digital assets and FX, supported by the experienced team behind GCEX”.
About GCEX
GCEX is an advanced digital asset and currency technology solution for institutional and professional clients. Headquartered in London, GCEX part of the GC Group was established in 2018 in response to demand for regulated and compliant exposure to the digital asset market.
Authorised and regulated by the Financial Conduct Authority, GCEX provides funds, brokers, asset managers, professional traders and banks with an advanced suite of integrated financial technology products including AI applications, allowing clients to automate on-boarding, offer and trade digital assets and currencies with tight spreads, deep liquidity from Tier 1 banks and solutions for clearing.
About PrimeXM
PrimeXM is one of the leading technology B2B provider to the retail and institutional electronic e-trading industry, delivering a cutting-edge aggregation and execution management software – XCore. Clients benefit from institutional grade hosting solutions in NY4, LD4 & TY3 Equinix datacentres including Premium Cloud Connectivity solutions, firewall and security services to their trading infrastructure
PrimeXM is ISO 27001 certified since May 2018 and accredited with ISAE 3000 certification, which provides assurance on confidentiality, security and privacy of information.