Brokerage group Exinity has partnered with technology firm TraderEvolution.
The partnership means that Exinity will use TraderEvolution’s trading engine and other backend systems.
The agreement also means that Exinity will be able to add different asset classes to its product offering, by connecting to exchanges using TraderEvolution’s technology.
“We’re passionate about enabling individuals in the fast developing economies of the world to access financial freedom through innovative investing, trading and education experiences,” said Exinity Chief Commercial Officer Alison Cashmore. “We’re excited to work with Trader Evolution to help power our rapidly growing portfolio of creative financial services.”
Exinity is the group entity that operates the brokerage brands FXTM, Alpari, and Nemo. The latter firm is a new brand that appears to be focused on the MENA region.
Exinity also recently invested in a crypto gaming start-up called PiP World.
“We are thrilled to announce Exinity’s implementation of TraderEvolution’s core back-end multi-asset trading platform,” said TraderEvolution CEO Roman Nalivayko.
“This integration represents a significant milestone for both companies, and further demonstrates the limitless possibilities that our core trading engine provides for brokers to work in different directions, offering unparalleled flexibility and scalability.”