FxPro Group Ltd has acquired spot FX aggregator Quotix, in a move that gives the company full control over the provision of its FX liquidity and allows it to provide more institutional-focused services. This new venture combines FxPro’s comprehensive knowledge of the retail FX market and Quotix’s technology, meaning improved trade execution and speed, as well as overall liquidity and pricing for its clients trading on either the MT4 or cTrader platforms.
“As we continue to grow exponentially across the globe, liquidity is critical to ensuring we can provide the best spot FX prices for our clients. This new acquisition allows FxPro to diversify and opens more doors as we start to offer prime-of-prime, aggregation and liquidity services. Above all it will mean improved pricing for clients,” said Charalambos Psimolophitis, CEO at FxPro.