Brokerage group amana has integrated its institutional offering with DXtrade, the trading platform developed by technology provider Devexperts.
The partnership means that brokers using DXtrade will get easy access to amana’s pricing and liquidity.
“I had the privilege of being Devexperts’ first customer,” said amana CEO Muhammad Rasoul. “I am very excited for amana to provide its liquidity services to the clients of Devexperts. DXtrade is a great product, developed by a great global group of technologists.”
amana offers clients access to CFDs on crypto, equities, indices, metals, and FX pairs. Its retail offering also includes cash equities.
The company has an interesting B2B offering as well. Clients can trade with the broker’s institutional arm using cryptocurrency as margin. The broker also offers trading in perpetual futures and spot crypto.
“We are always looking for ways to make DXtrade an even better solution for brokers – whether this be through maintaining and updating our software or through the partnerships we form,” said Jon Light, Head of OTC Platform at Devexperts.
“We are pleased to be partnering with amana and believe that through this collaboration we will be able to better cater to our customers, particularly those based in the MENA region.”
This is the second significant technology partnership that amana has made in the last few months for its institutional offering.
At the end of last year the brokerage group announced it had partnered with Hybrid Solutions, to become the main liquidity provider for companies using the technology provider.