Two of the forex trading technology providers, MT Proxy and Centroid Solutions, have announced a global strategic partnership to enhance their offerings to the industry.
MT Proxy provides custom-built proxy server networks, while Centroid is a technology infrastructure company. Their services complement each other, and the two companies will share their technical expertise to improve offerings.
According to the press release shared with Finance Magnates, the companies will together offer services to their clients, improving their connectivity, lower latency, faster trade execution and better risk management. They will even help clients to improve business governance.
“We are delighted to announce this strategic partnership with MT Proxy and have them as one of our partners,” said Cristian Vlasceanu, CEO at Centroid Solutions. “Their proxy server networks solutions complement perfectly our low latency bridging and execution solutions, achieving an end-to-end optimal trading environment for brokers and their customers.”
Improving Trading Techs
Centroid’s offerings include real-time analytical tools and sophisticated risk management functionality to the brokers. It partnered with dozens of institutional and retail brokers, offering them access to liquidity providers, customized STP and execution rules.
MT Proxy too, which claims its solutions reduce up to 40 percent of latency, is strengthening its industry partnership. Finance Magnates reported earlier that Tools for Brokers integrated MT Proxy’s proxy server solutions.
“We thrive on partnerships with good people, good companies, and good products. Centroid Solutions checks all those boxes,” Kent Riboe, Managing Partner at MT Proxy, commented.
“They have an excellent reputation within the industry, and they are well-known for their robust technology and their innovative business solutions. We’re very happy to have them in our partner network, as it will benefit brokers and end-users.”