GCEX Introduces New FX and Crypto Platforms
Posted by Colin Lambert. Last updated: April 6, 2023
Digital assets prime broker GCEX has released two trading solutions, XplorSpot and XplorTrader, the first aimed at its crypto clients, the other for FX and CFD players.
The firm says XplorSpot has been developed to serve institutions, facilitating crypto-specific requirements such as enabling on-ramp and off-ramp of digital assets. It adds it has enhanced its margin-based CFD and FX offering with the introduction of XplorTrader, which improves how clients monitor positions and place orders, maintaining platform depth, detail and functionality.
Michael Aagaard, managing director at GCEX who has led this technology initiative, says, “Adding a crypto-native platform to our technology offering is particularly significant and puts us at the forefront of the industry in terms of our technology offering. In fact, we believe XplorSpot is one of the first crypto native platforms, specifically developed for institutional trading. We continue to see increased interest in digital assets from our rapidly growing global client base and remain committed to investing in technology and delivering state-of-the-art institutional focused products.”