IUX, a global online trading platform for institutional and
retail traders, has integrated several services from Integral, a currency
technology provider. The integration includes Price Engine, Risk Management,
and MetaTrader 5 Gateway.
IUX Enhances Trading with Integral Technology
“Our mission has always been to provide our customers
with a uniquely secure, transparent and seamless trading experience,” The
Board of Directors at IUX, said.
This move allows IUX to utilize Integral’s technology to
manage large trade volumes and ensure continuous service as the brokerage
expands. The system’s low-latency pricing and execution infrastructure help
provide efficient trading across various asset classes.
“Continuous innovation around our trading
infrastructure has been central to achieving this aim, and Integral’s
institutional-grade technology will ensure we continue to offer our users the
best and most efficient trading environment moving forward.”
IUX Gains Cost-Effective Growth with Integral
“Providing global brokers like IUX with the most
sophisticated and refined trading workflows is paramount. Not only does it help
them navigate increasingly complex and challenging markets, but it is also key
to attracting new users in a crowded marketplace,” Harpal Sandhu, CEO of
Integral commented.
Integral’s fixed subscription model benefits IUX by avoiding
rising trading costs, allowing for more cost-effective growth and better focus
on customer expansion.
“This partnership is a testament to Integral’s
reputation for reliability and innovation, and we are excited to support IUX as
it continues to expand,” Sandhu added.
Integral Partners with OTP Group for FX Solutions
Integral
has partnered with Hungary’s OTP Group, adding another banking institution
to its network. OTP Group, based in Budapest, serves 17 million customers
across Central and Eastern Europe, as reported by Finance Magnates.
The bank will integrate Integral’s liquidity aggregation,
pricing engine, trading, and risk management solutions to improve pricing
accuracy and reliability. This integration is also expected to generate cost
savings across OTP’s FX operations.
Founded in 1993, Integral provides cloud-based SaaS FX
workflow solutions to a variety of buy-side forex market participants,
including banks, brokers, asset managers, and hedge funds.
This article was written by Tareq Sikder at www.financemagnates.com.
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