Centroid Solutions, a fintech innovator in the financial trading industry, has announced a deeper collaboration with DXtrade to support the CFD white-label trading platform on Centroid Risk, Centroid’s market leading risk management system.
DXtrade is a turnkey trading platform solution from global software developers for the capital markets, Devexperts. Available off-the-shelf with the option for partial or full customization, the platform provides an all-encompassing trading ecosystem. With a modular approach for scalable solutions, DXtrade offers a web trader, Android and iOS apps, and a comprehensive suite of broker-dealing and client management tools.
The partnership between Centroid and DXtrade began in 2021 with the integration of the DXtrade platform into Centroid Bridge, Centroid’s multi-asset connectivity bridge engine, providing broker clients of DXtrade with connectivity options to over 250 market makers.
Now, with the integration of DXtrade into Centroid Risk, brokers using the DXtrade platform can leverage the advanced risk management features available on the Centroid Risk system. This will enable them to gain in-depth insights into their company portfolios, client trading behaviours, and complex analytical data to help them effectively mitigate risk and maximize profitability.
Commenting on the integration and collaboration, Centroid Solutions CEO, Cristian Vlasceanu, said: “This integration of DXtrade into Centroid Risk marks a significant advancement in empowering brokers with tools that go beyond just liquidity access to include robust risk management capabilities. By seamlessly integrating DXtrade into our comprehensive risk management system, we enable brokers to gain deeper insights into their operations, optimize decision-making, and better manage risk.” He added, “This collaboration reinforces our commitment to deepening our partnership with DXtrade, driving innovation and delivering enhanced value to our clients.”
Jon Light, Head of OTC Platform at Devexperts, said: “Through this new integration with Centroid, our brokers will now have access to a wealth of information that allows them to better mitigate against and manage potential risk. Providing access to Centroid Risk services equips our brokers to make more informed decisions, and grow their businesses safely and effectively.”
About Centroid Solutions
Centroid Solutions is a leading technology provider specialising in multi-asset market connectivity, order execution, risk management, and hosting services. Our mission is to empower brokers with innovative technology that enhances efficiency, reduces operational costs, and improves overall profitability. With a strong focus on performance and reliability, Centroid Solutions continues to set the standard in the trading technology landscape.
About Devexperts
Devexperts is a software development company that has been serving the needs of capital markets since 2002. The company’s flagship solution is DXtrade, a platform for brokers, offering investment in stocks, commodities, futures, options, forex, funds, and cryptocurrencies. Devexperts’ core areas of expertise are multi-asset trading platforms, matching engines, and exchange solutions. With headquarters in Ireland, Devexperts’ development team consists of 900 engineers located in offices in the USA, Germany, Bulgaria, Singapore, Portugal, Turkey, and Georgia.
