Company news

FxGrow continues to invest in Technology Solutions

Limassol, June 30, 2015 – One of the great advantages of forex trading as opposed to conventional stock market trading, is that trades are completed online at the blink of an eye. This is critical for a trader’s ability to seize opportunities that arise out of even the most fractional market movements. Any delay and that opportunity could be lost. Leading forex broker FxGrow already provides some of the fastest order execution speeds available on the market. Nevertheless, it seems they have found a way to increase this further, giving their traders an even greater advantage.

The key to superior execution is adopting the most advanced technology on the market, which is something that FxGrow has no hesitation in doing. To this end, they have announced a partnership with FX technology leader PrimeXM, who are providing access to their state of the art XCore execution technology and dedicated Equinix hosting framework across the globe.

Specifically their servers have been relocated to PrimeXM’s institutional grade infrastructure in the ultra-low-latency FX Hub within Equinix LD4 in London and NY4 New York. For optimum performance FxGrow is using liquidity providers that are co-located to their bespoke XCore execution engine, that facilitates connectivity at sub milli-second speeds to the LPs via the use of physical fiber and copper connections rack to rack , commonly referred to as cross-connects.

For those who are in the know about such matters, the name Equinix is instantly recognizable as the top ranking data-centre in the world, with a particular focus on solutions for the financial services sector, including top tier banks, liquidity providers, and now, FxGrow. This fact coupled with PrimeXM’s world renowned low-latency trading software, means FX Grow are now able to offer a global audience one of the most reliable and seamless trading experiences in the industry.

“We are always in search of ways to enhance and optimize our clients’ trading experience. With a lot of research and testing, we decided to move our servers to the Equinix data center with a fixed PrimeXM API. They have extensive experience with MT4 trading and offer custom solutions to meet our very high demands. Making this move would be better for our valued clients, and so it was an easy decision for us to make”, commented Chief Executive Officer Hassan Mazeh.

Richard Bartlett the Head of Global Sales at PrimeXM noted, “We are very pleased to have the chance to partner with such a well-respected and forward thinking brokerage such as FxGrow. The setup we have completed for them is highly redundant and robust, providing industry leading levels of system performance and connectivity up time for their clients to take advantage of. We look forward to working closely with the FxGrow team in the coming months and years and being a part of their success. PrimeXM also recognizes the significant opportunities within the Middle East by recently opening an office in Dubai, allowing us to grow our presence further within this key region”.

About FxGrow

FxGrow is an investment firm with an impeccable reputation for transparency and security. It provides brokerages services that give an international clientele access to global financial markets to trade forex, CFDs, energies, and precious metals via an array of powerful platforms. T

hey are fully authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 214/13.

Safety of client funds is a top priority for FxGrow, which is why they are members of the Investor Compensation Fund and have multiple safeguards in place to ensure maximum protection. An expert customer service team is also available to answer any questions traders or prospective clients may have.
www.fxgrow.com

# # #

Contact:
Dagmara Handzlik, Marketing Director
FxGrow
+357 25211707
dagmarah@fxgrow.com
www.fxgrow.com

About PrimeXM:

PrimeXM is a Swiss based technology provider, recognized globally as a leader in bridge aggregation and institutional grade hosting solutions, providing bespoke ultra-low latency set-ups for FX Brokers, Banks, LPs, Hedge Funds and Asset Management firms.

Their main offering, the "XCore", is a state of the art execution engine, co-located and cross-connected to over 50 tier-one LPs and industry leading market makers; allowing clients to facilitate connectivity at sub-millisecond speeds, to virtually any number of liquidity sources and front end trading platforms.

PrimeXM’s technology offering enables brokers to compose, customize and distribute their own liquidity to other entities as well as individuals. Their highly advanced trading software is coupled with a dedicated data-centre infrastructure in Equinix LD4, NY4, HK3 and TY3, which they fully own and manage internally. This results in superior levels of system performance, reliability and scalability that few others can compete with.
www.primexm.com

Contact:
PrimeXM
+44 203 598 2585
info@primexm.com , sales@primexm.com
www.primexm.com

Tuesday, 30 Jun, 2015 / 2:12

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