CMC Markets Connect Collaborates with Lucera to Enhance FX Connectivity Offering

<p>London-based
<a href="https://www.financemagnates.com/tag/cmc-markets-connect/" target="_blank" rel="follow">CMC Markets Connect</a>, a <a href="https://www.financemagnates.com/terms/l/liquidity/">liquidity</a> and white-label trading solutions provider,
has partnered with Lucera Financial Infrastructures. The collaboration aims to
leverage Lucera's LumeFX product suite to enhance CMC's existing in-house fix
connectivity offering for the foreign exchange (FX) market.</p><p>CMC Markets Connect
Collaborates with Lucera</p><p>CMC Markets
Connect serves a vast institutional clientele worldwide, comprising banks,
brokerages, funds, and dealing desks, by providing liquidity. With a unified
connection, clients gain access to numerous asset classes on a global scale. In
early 2021, <a href="https://www.financemagnates.com/institutional-forex/brokerage/cmc-markets-rebrands-institutional-unit-as-cmc-markets-connect/" target="_blank" rel="follow">CMC Markets opted for a rebranding initiative</a> and created a
distinct institutional unit.</p><p>Now, CMC
Markets Connect collaborates with Lucera in a move to improve in-house forex
connectivity and serve a broader base of potential clients. </p><p>Sam Horowitz, the Head
of FX Distribution and Liquidity Management at CMC Connect, noted the strategic
value of the partnership. He revealed that the collaboration enables CMC
Connect to extend their network of current fix connectivity partners. </p><p>"By
partnering with Lucera, our liquidity offering is now available in the vast
majority of places where our current and future clients might wish to meet us,"
Horowitz commented.</p><p>Peter
Durkan, the CEO at Lucera Financial Infrastructures, echoed Horowitz's
enthusiasm. He expressed excitement about partnering with a globally recognized
financial services provider like CMC Markets. According to Durkan, the
partnership highlights the cutting-edge technology and world-class financial
infrastructure solutions Lucera offers, combined with CMC Markets' dedication
to providing exceptional trading experiences.</p><p>"By
leveraging our state-of-the-art trading infrastructure and high-performance
connectivity, CMC Markets can confidently enhance their trading capabilities
and provide clients with unparalleled market access and execution speeds,"
Durkan commented. "Our cutting-edge technology and robust network
architecture ensure that CMC Markets can focus on delivering exceptional
services while maintaining the utmost level of security and performance."</p><p>CMC
Markets, established in 1989 and now listed on the London Stock Exchange, has a
presence in various regions, including the UK, Australia, Germany, and Singapore.
The company allows clients to trade almost 10,000 financial instruments across
multiple segments. </p><p>CMC Markets' Recent
Updates</p><p>In a
separate announcement from today, CMC Markets revealed plans to enhance its
user experience <a href="https://www.financemagnates.com/forex/cmc-markets-leverages-open-banking-integrates-truelayer-for-faster-transactions/" target="_blank" rel="follow">by integrating TrueLayer Payments in the UK and Europe</a>.
TrueLayer, an open banking platform, provides a secured, swift, closed-loop
payments product, offering an upgrade from traditional payment methods like
debit cards or manual bank transfers, according to a company press release.</p><p>Two weeks earlier,
CMC Markets Connect <a href="https://www.financemagnates.com/institutional-forex/cmc-markets-connect-to-utilize-scales-crm-for-forex-brokers/" target="_blank" rel="follow">integrated with Skale</a>, a provider of CRM and client portals
for <a href="https://www.financemagnates.com/terms/f/forex/">forex</a> brokers. This partnership allows CMC Markets' institutional clients
to utilize Skale's adaptable back office, CRM, multi-layered IB portal, and
traders' area.</p><p>Additionally,
the company recently extended its footprint <a href="https://www.financemagnates.com/institutional-forex/cmc-markets-expands-dubai-operations-eyes-growth-in-middle-east/" target="_blank" rel="follow">in the United Arab Emirates (UAE)</a>
with an upgrade of its Dubai office, signaling the first step in its regional
expansion strategy. According to a statement shared with Finance Magnates,
CMC Markets will employ existing staff from the division to manage the enlarged
operations.</p>

This article was written by Damian Chmiel at www.financemagnates.com.