oneZero stands as a financial services technology provider. On Tuesday, the firm announced that it had launched a brand new institutional hub, which will help facilitate trading services among prime-of-prime providers, institutional brokers, as well as banks.
Building On Its Institutional Offering
In the announcement, the company detailed that this new service, focused on institutions, will enable clients to define every trading criteria out there. It will do so by way of advanced price formation, aggregation, risk management, customized distribution, as well as systematic hedging.
Another important addition is that banks and institutional brokers will be capable of analyzing the performance of liquidity providers, as well as the trading behavior of their clients. Alongside this, clients will be capable of using this service to establish a bilateral relationship between their respective liquidity providers and customers.
The Mandatory Public Statement
Uri Lerman stands as the Segment Manager of oneZero’s Wholesale brokers branch. Giving comments about the matter, Lerman stated that traders will be given back control through this new Institutional Hub user interface. He explained that this interface would offer traders a simple method to execute various complicated workflows, allowing clients to compare a full range of trades with bespoke, sweepable streams.
oneZero was founded all the way back in 2009, with the firm itself prioritizing the easing of various technological requirements of institutions and offering an array of aggregator services. oneZero offers its services to an excess of 200 clients, doing so through its multi-asset class liquidity distribution channel.
An Aggressive Expansion Campaign
This newly-launched service stands to serve as an extension to the retail broker hub and liquidity provider hub already in place. Alongside this, the company itself offers a cloud-based data source as well as market access for business intelligence, doing so under the EcoSystem service. This, in turn, allows companies to make as informed a company decision as they can.
The company isn’t just expanding its product suite, either. Recently, oneZero inked a partnership with none other than FXCM Pro. This partnership was done in order to integrate FXCM Pro’s pricing within the Hub infrastructure of oneZero.
This plan of expansion from oneZero didn’t just extend to its service offering, but also its business appointments. It was last month when oneZero incorporated Stuart Brock, making him the Head of Institutional Sales within the UK and Europe. Time will tell how successful these firms are, however.