Banyan Software program buys pricing aggregation options supplier FXCubic

Pricing aggregation options supplier FXCubic has introduced that the corporate has been acquired by Banyan Software program, a Toronto based mostly firm which focuses on buying enterprise software program companies.

FXCubic, based mostly in London, was based in 2016 by Ege Kozan, Sencer Coltu, and Cem Kozan. The corporate supplies a sophisticated pricing aggregation resolution that empowers retail buying and selling brokers with low-latency entry to a community of liquidity suppliers, together with banks, hedge funds, and extra. The FXCubic platform equips brokerages with complete pricing knowledge of their very own alternative and from their very own atmosphere, permitting them to execute aggressive trades effectively.

Liquidity aggregation options reminiscent of FXCubic play a vital position within the monetary trade by offering brokers with entry to a variety of liquidity suppliers. These options guarantee aggressive pricing, environment friendly execution, and efficient threat administration for brokers and their shoppers, notably within the fast-paced and dynamic monetary markets.

Keith Fowl, Working Companion at Banyan Software program, mentioned,

“Ege and his group have developed a outstanding platform that’s driving vital worth for retail buying and selling brokers and their shoppers. We sit up for working intently with Ege and your complete FXCubic group to proceed to construct upon their unbelievable success.”

Ege Kozan, Managing Director of FXCubic, will stay actively concerned within the enterprise post-acquisition. He commented,

“Banyan Software program is the perfect associate to take FXCubic to the subsequent stage. Their experience, assets, and dedication to preserving our firm tradition make this a win-win for everybody concerned. We’re excited in regards to the alternatives for progress and innovation that lie forward, whereas all the time prioritizing the service high quality which might be recognized for.”