PrimeXM Expands China Connectivity with Additional LocationsAugust 9, 2019
Swiss-founded technology company PrimeXM, a provider of FX bridge aggregation and institutional hosting solutions, has added new locations to its China’s connectivity service, which helps slash latency and offers consistent execution during periods of high market volatility.
PrimeXM has already established a direct fibre line from China to London (LD4), which enables their clients servicing the Chinese investors to by-pass the great firewall and offer a better trading experience to those located in the mainland.
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The new additions will support PrimeXM’s team in growing out a new value proposition for new and existing clients.
According to the company’s statement, they expanded their coverage to the following locations:
North China: Beijing, Tianjin, Shijiazhuang Central China: Zhengzhou, Wuhan, Changsha, Xuzhou
East China: Shanghai, Hangzhou, Suzhou, Wuxi, Nanjing, Hefei, Jinan, Ningbo, Wenzhou
South China: Guangzhou, Shenzhen, Fuzhou, Xiamen, Dongguan, Huizhou
Venues across the financial industry continue to demand lower latency services and order routing solutions. Indeed, many groups opting to integrate with global hubs or technology services reflect the demand for high-performance trading environments.
PrimeXM undergoes a series of initiatives in 2019
With servers deployed within China’s mainland, firewall and international bandwidth bottlenecks are avoided, giving a competitive advantage to PrimeXM clients.
Founded in 2010, PrimeXM’s key business focus is providing aggregation software, low-latency connectivity, hosting solutions and high end MT4/MT5 bridging and white labels. It offers through a MetaTrader 5 Gateway low-latency connectivity to over 120 providers of forex and CFD liquidity.
In addition to their primary product XCore, PrimeXM offers hosting services in the most popular data centers used by the FX industry, such as Equinix LD4, NY4 and TY3, which enables clients to house their trading systems and algos in co-location to their execution engine and liquidity providers.
PrimeXM has undergone a series of initiatives in 2019 designed to grow its business and market penetration. Earlier last month, the group has signed AM technology provider Tradesocio to complete its API integration with PrimeXM bridge and institutional liquidity offering, part of its bid to expand its solutions suite reach out to clients in different institutional segments.
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