PrimeXM stands as an FX institutional hosting solution and bridge aggregation provider founded in Switzerland. Recently, the firm has appointed one Constantinos Orphanides as its new Chief Technology Officer, or CTO. This move was made in order to drive the evolving software development roadmap and product portfolio of the firm. This information comes by way of his LinkedIn profile.
Planning To help Across The Firm
Orphanides originally held a career within the gambling industry, but was scooped up by PrimeXM back in April of 2019, where he served as the Head of Product Development Affairs. With his newly-expanded role of CTO, Orphanides will be expected to lead the overall technology strategy of PrimeXM. Alongside this, he will help the members of his firm’s engineering teams, spread across their Dubai, Limassol, and Shanghai branch offices, by way of offering them guidance.
Orphanides will see himself as a key player in the development and management of PrimeXM’s technological abilities with his role of CTO at the Cyprus-based firm. The man himself boasts a career over a decade long, having held various similar roles across similar venues.
A Colourful History
Indeed, Orphanides has worked for various firms, including a few stints as a Cyprus-based real estate agency’s IT specialist. Other than that, he served Playtech, a gambling software company, as its senior lead software engineer, with a similar role given to him by bet365 for two years prior.
PrimeXM itself was founded back in 2010, and prioritizes providing low-latency connectivity, aggregation software, high-end bridging for MT4/MT5, hosting solutions, and white labels to its various clients. The Swiss-based technology firm boasts a low-latency connectivity MetaTrader 5 Gateway to an excess of 120 CFD and FX liquidity providers.
A matter Of Time Above All Else
PrimeXM’s primary product, XCore, stands alongside the firm’s offering of hosting services across the FX industry’s most popular data services, such as NY4, Equinix LD4, and TY3. What this means for any prospective client is that they’re capable of housing their algos and trading system in co-location to their liquidity providers and execution engine.
Only time will tell how to fit Orphanides will be for the role of CTO in the firm, but everything points out that his experience and knowledge will prove quite useful for PrimeXM as a whole. With any luck, everyone will walk away better out of the exchange.