CMC Markets Connect, the institutional arm of the CMC Markets, announced on Wednesday that it has inked a distribution agreement with Integral, a technology company in the forex and CFDs industry.
Under the partnership between the two, CMC will distribute its spot FX, indices, treasuries and CFDs of commodities, stocks and exchange-traded funds (ETFs) on Integral, the clients of which can now access CMC pricing and will have the ability to execute trades.
“The partnership with Integral is the latest step in our mission to continue extending our institutional reach,” said Richard Elston, CMC Markets Connects Institutional Group Head.
“By leveraging the network of a recognized industry leader, were making our pricing and liquidity available to an even wider audience, whilst our single stock CFD offering truly strengthens the wider Integral offering.”
Two Major Firms in the Industry
Listed and headquartered in London, CMC is a big name in the brokerage industry and has a presence in almost all key global markets. It offers a wide line of products that include more than 12,000 CFDs.
In addition, the latest partnership came at a time when demand for CFDs skyrocketed as traders want both short and long-term exposure, the companies pointed out.
However, Integral was established in 1993 and has become one of the leading financial technology providers in the world. It offers innovative technology solutions to different financial firms, including banks, brokers and asset management companies.
Integrals CEO, Harpal Sandhu, said: “By continuing to include more high-quality liquidity providers in the network, we ensure that our clients are consistently receiving a quality service across all market conditions. Our recently launched CFD Prime service is the latest innovation improving the trading experiences of our clients.”
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