FXCM Pro onboards automated risk management technology from Centroid

FXCM Pro, the institutional arm of the FXCM Group, has partnered with Centroid, a provider of foreign exchange (FX) technology and risk solutions. 

Centroid’s technology provides clients with sophisticated risk management services and real-time analytics. Given the increasing levels of trading activity in the FX market, harnessing low-latency solutions will be a key step for traders looking to mitigate risk and reduce operational costs without sacrificing efficiency. 

Available across a range of trading platforms, FXCM Pro’s clients now have access to Centroid’s all-in-one suite of trading technology to manage and monitor risk, optimise execution and observe regulatory requirements through automated reporting from a single framework. 

“Establishing this partnership with FXCM Pro creates significant added value to the client bases of both firms. The current FX landscape is a very challenging environment to operate in, so having the best of breed liquidity solution coupled with next-generation risk management is essential for our respective clients to maintain efficiency and, at the same time, maximise performance results,” said Richard Bartlett, Head of Business Development at Centroid.

“Our work with Centroid is all about providing clients with a seamless trading experience while harnessing market-leading and ESMA-compliant risk management technology. Together, we are delivering unique solutions for managing, monitoring and reporting risk to clients at a very critical time,” said Mario Sanchez, Managing Director and Global Head of FXCM Pro.

“While legacy risk mitigation systems are an unfortunate part of many of the most popular trading platforms, we are providing our customers with the latest technology so that they can continue executing their trades confidently on whichever platform they wish to use.”