CFH Partners with Gold-i for Liquidity Distribution to Hedge Funds & Asset Managers
Real-time trade notification & allocation available for institutional clients
The award-winning Liquidity Provider and Prime brokerage, has joined the Gold-i Matrix NETwork, enabling its multi-asset liquidity to be available through Gold-i’s technology.
CFH has one of the broadest ranges of asset classes in the industry and was keen to join Gold-i’s Matrix NETwork to extend its distribution to institutional clients, particularly to Hedge Funds and Asset Managers worldwide.
Through Matrix NET, CFH can offer a direct connection to the Fund Manager via FIX API, removing the latency a trading platform can add. The CFH and Matrix NET integration ensures trade handling with the MT4/5 server and reflects the trade(s) and the allocation(s) directly on the investor’s MT4/5 accounts. This practice ensures further transparency in trading, P/L visibility, reporting and other important aspects for the underlying clients and investors.
Paul Groves, Head of European Sales, CFH comments, “As a leading multi-asset Liquidity Provider, with a very competitive and robust offering, we are delighted to be extending our distribution to Gold-i’s high calibre, global network of institutional clients, hedge funds and asset managers. CFH has worked closely with Gold-i for many years and this latest development further cements our partnership.
“A key driver for joining Gold-i’s Matrix Network was to strengthen our offering for Fund Managers. We acknowledge that a significant number of clients and investors might wish to see their positions and reports in a more familiar platform like MT4 or MT5. Through Matrix NET, CFH is able to enhance its offering, especially to Fund Managers, who will continue having a unique ability to trade using their own sophisticated trading platforms and at the same time, reflect these trades on MT4 or MT5 platforms. This is achieved via various post-trade notification and allocation techniques.”
Tom Higgins, CEO, Gold-i adds, “CFH has an excellent global reputation and we are very proud to offer their pricing through Gold-i’s Matrix Net. This will add value to our clients and provide them with further choice in a range of asset classes. It also bolsters the long-term partnership between Gold-i and CFH as both firms continue to seek opportunities to extend our client bases beyond the retail broker space.”
In addition to serving the Fund Managers who wish to continue following their own trading practices and strategies on their proprietary platforms, the CFH and Matrix NET integration also caters to their clients and investors, who might prefer to see the full details in a more familiar system, like MT4 or MT5.
Quotes and orders are sent over the low latency FIX connection from CFH directly to the Fund Manager, further reducing any delays, which an additional platform can add. Orders sent over this channel and executed with CFH as a Liquidity Provider, are confirmed back to the trader. At the same time, Matrix NET communicates with the MT4/5 server and reflects the trade(s) and the allocation(s) directly on the investor’s MT4/5 accounts.
About Matrix Net
Matrix Net is an extension of Gold-i’s multi-asset liquidity management platform, Matrix. Gold-i Matrix offers multiple routing and aggregation methods, leveraging connections with over 70 Liquidity Providers. It is super-fast and highly flexible, helping financial institutions worldwide to make more money and reduce risk. Matrix Net supports FX, CFDs and cryptocurrencies in a single solution which is fully compatible with the Gold-i Crypto Switch.
CFH Clearing is part of Playtech plc’s financials division, TradeTech Group. The globally renowned firm helps institutional clients with their complete liquidity and technology requirements, with access to a choice of platforms and a range of technology including risk management and reporting tools. CFH Clearing has over 600 institutional clients in more than 60 countries and is authorised and regulated by the Financial Conduct Authority (FCA). For further information, please visit www.cfhclearing.com
Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a market leader in the gambling and financial trading industries.
Playtech is the gambling industry's leading technology company delivering business intelligence-driven gambling software, services, content and platform technology across the industry’s most popular product verticals, including, casino, live casino, sports betting, virtual sports, bingo and poker. It is the pioneer of omnichannel gambling technology through its integrated platform technology, Playtech ONE. Playtech ONE delivers data-driven marketing expertise, single wallet functionality, CRM and responsible gambling solutions across one single platform across product verticals and across retail and online.
Playtech partners with and invests in the leading brands in regulated and newly regulated markets to deliver its data-driven gambling technology across the retail and online value chain. Playtech provides its technology on a B2B basis to the industry’s leading retail and online operators, land-based casino groups and government-sponsored entities such as lotteries. As of June 2018, through the acquisition of Snaitech, Playtech directly owns and operates the leading sports betting and gaming brand in online and retail in Italy, Snai. Snaitech operates a B2B2C model as a service provider to franchisees in the retail market while operating the leading brand, Snai directly online as a B2C business.
Playtech's Financials Division, named TradeTech Group, is a technology leader in the CFD and financial trading industry and operates both on a B2C and B2B basis.
Playtech has in total c.5,800 employees across 17 countries and is headquartered in the Isle of Man.