DXtrade has deepened its collaboration with Centroid Solutions to integrate Centroid’s risk management platform, Centroid Risk, offering brokers advanced tools to analyze portfolios and mitigate risk effectively.
Advanced Risk Management Tools for Brokers
Centroid Solutions, a leading fintech company in trading technology, has announced an expanded partnership with DXtrade, a white-label trading platform developed by Devexperts. The enhanced collaboration will enable DXtrade brokers to benefit from Centroid Risk, a comprehensive risk management system designed to provide detailed insights and risk mitigation tools for brokers.
DXtrade, known for its customizable trading solutions, including web and mobile trading platforms, has positioned itself as a versatile tool for brokers. The new integration with Centroid Risk further strengthens DXtrade’s offering by providing brokers with the necessary tools to analyze client trading behavior, manage portfolios, and optimize risk strategies.
Access to a Wide Network of Market Makers
Since the partnership between Centroid and DXtrade began in 2021, the trading platform has been integrated with Centroid’s multi-asset bridge engine, Centroid Bridge. This initial collaboration allowed DXtrade brokers to connect with over 250 market makers, ensuring access to a broad liquidity pool.
According to Cristian Vlasceanu, CEO of Centroid Solutions, the latest integration marks a significant leap in helping brokers gain not just access to liquidity but also the capability to manage risks effectively. “The integration of DXtrade with Centroid Risk gives brokers more than just market access; it provides them with robust tools for risk management and deeper insights into their trading operations,” Vlasceanu stated.
Enhanced Decision-Making and Risk Mitigation
With the integration of Centroid Risk into the DXtrade platform, brokers will have access to a range of advanced risk management features. These tools allow brokers to gain comprehensive insights into their portfolios, monitor client trading activity, and use complex analytics to make informed decisions. The goal is to help brokers not only reduce risk but also enhance profitability and long-term growth.
Jon Light, Head of OTC Platform at Devexperts, shared his perspective on the integration: “This partnership with Centroid gives our brokers valuable tools to better manage risks. By leveraging Centroid Risk, our clients will have access to in-depth data and analytics, helping them make smarter decisions and scale their operations in a secure way.”
Broader Strategic Collaborations
In recent developments, Centroid Solutions has been expanding its services for multi-asset brokers. In a partnership announced last December with TransactCloud, Centroid further strengthened its infrastructure by combining its technology with TransactCloud’s operational support. This collaboration provides brokers with seamless connectivity and enhanced system interoperability, as reported by Finance Magnates.
Through this expanded partnership, DXtrade brokers are equipped with cutting-edge tools, helping them navigate the complexities of modern trading while optimizing both risk management and business operations.
