CMC Markets Connect enhances FX connectivity offering in collaboration with Lucera
CMC Markets Plc ("CMC Markets" or the "Group"), a leading global provider of online retail ("D2C") and institutional ("B2B") platform technology, today announces a partnership with Lucera Financial Infrastructures.
CMC Connect will leverage Lucera's LumeFX suite
CMC aims to improve in-house FX connectivity and serve a broader client base
CMC Markets Connect has partnered with Lucera Financial Infrastructures, in a collaboration which aims to leverage Lucera's LumeFX product suite to enhance CMC's existing in-house fix connectivity offering for the foreign exchange (FX) market.
CMC Markets Connect serves a vast institutional clientele worldwide, comprising banks, brokerages, funds, and dealing desks, by providing liquidity. With a unified connection, clients gain access to numerous asset classes on a global scale. In early 2021, CMC Markets opted for a rebranding initiative and created a distinct institutional unit.
Now, CMC Markets Connect is collaborating with Lucera in a move to improve in-house forex connectivity and serve a broader base of potential clients.
Sam Horowitz, Head of FX Distribution and Liquidity Management at CMC Connect, noted the strategic value of the partnership. He revealed that the collaboration enables CMC Connect to extend its network of current in-house fix connectivity partners.
"By partnering with Lucera, our liquidity offering is now available in the vast majority of places where our current and future clients might wish to meet us", Horowitz commented.
Peter Durkan, CEO at Lucera Financial Infrastructures, expressed excitement about partnering with a globally recognised financial services provider, commenting:
"By leveraging our state-of-the-art trading infrastructure and high-performance connectivity, CMC Markets can confidently enhance their trading capabilities and provide clients with unparalleled market access and execution speeds. Our cutting-edge technology and robust network architecture ensure that CMC Markets can focus on delivering exceptional services while maintaining the utmost level of security and performance."
Monk Communications Ltd