Finalto Asia and PrimeXM have announced a new strategic partnership, which the parties said will reshape the FX and CFD landscape in Asia and will aim to firmly establish exciting new liquidity solutions in the region through collaboration. Finalto Asia and PrimeXM are bringing together two industry leaders, leveraging their respective strengths to create a dynamic and comprehensive 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-moving industry, meaningful progress and development demands high levels of expertise and experience – this collaboration is a recognition of that need and is poised to play a pivotal role in shaping the future of financial markets in the region. Market participants can anticipate a more robust, efficient, and diverse trading ecosystem that aligns with the growing demands of the dynamic financial industry.
By combining the financial service experience of Finalto Asia and the cutting-edge technology expertise of PrimeXM, a leading technology provider for the finance industry, the two said they are better prepared than ever to establish robust and sophisticated liquidity frameworks. This strategic alliance aims to empower financial markets in Singapore by providing enhanced access to liquidity, advanced trading technologies, and a more diverse range of financial instruments.
Clive Diethelm, PrimeXM Founder stated:
“Finalto Asia’s collaboration with PrimeXM, leveraging our XCore technology at the Equinix SG1 data center, marks a significant milestone for our growth in the APAC region. This initiative underscores our commitment to delivering sophisticated and efficient trading technology solutions, enhancing our service offering in Singapore’s dynamic financial market.”
Alex MacKinnon, Regional CEO of Finalto Asia, also expressed enthusiasm about the partnership, stating:
“This collaboration with PrimeXM is a strategic milestone for Finalto Asia. By combining our strengths, we aim to deliver unparalleled liquidity solutions and advanced trading technologies to the financial community in Singapore and the region.”
By working together, Finalto Asia and PrimeXM said they will be able to seamlessly aggregate liquidity from various sources. This will result in more efficient and competitive pricing for market participants, and fostering a more vibrant and dynamic trading environment. The integration of PrimeXM’s cutting-edge technology solutions with Finalto Asia’s expertise in financial services will bring forth 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. New technology will also grant access to a broader array of financial instruments, catering to the diverse needs of institutional clients, brokers, and traders in the Singaporean market. This includes forex, commodities, indices, and more, providing a comprehensive suite of options for market participants.
