X Open Hub closes 2024 with broader liquidity pool, looks forward to 2025
Charting the company’s successful journey in 2024 and beyond
Warsaw-listed multi-asset liquidity provider X Open Hub ends 2024 on a high note. Revealing an expanded liquidity offering, the company currently boasts a multi-asset pool spanning more than 5,000 OTC instruments.
With a comprehensive multi-asset bundle of Forex, indices, commodities, shares, ETFs, and cryptocurrencies under its derivatives liquidity umbrella, X Open Hub seeks to meet the demands of an increasing number of brokers and hedge funds around the world by further diversifying its pools to include even deeper multi-asset liquidity, as highlighted by CEO Michal Kopiuk.
This enhanced liquidity pool will allow financial institutions to grow their product range and broaden their order books effectively across a vast selection of instruments. This extensive instrument coverage enables brokers to remain competitive by offering their clients more opportunities across the global financial markets.
The key benefits for financial industry players are numerous. With deeper liquidity, financial institutions benefit from greater market accessibility and better service for clients with diverse and increasingly sophisticated demands. Copiuk recognises the importance of repositioning in accordance with the market evolution.
“There’s no one-size-fits-all in trading. As traders become more risk-aware and conscious of the benefits of portfolio diversification, their trading preferences and the way they position themselves [changes as] the market evolves.
“Investment service providers must be able to respond to this change in trading behaviour effectively, with deeper liquidity and order books.”
With a more developed trading offering, brokers and hedge funds can retain clients and attract new ones by meeting their evolving demands. In turn, broader multi-asset liquidity pools also account for increased execution speed and greater depth of market.
Beyond the deeper market, optimised execution, and increased customer retention and loyalty, X Open Hub’s expanded liquidity solution also provides operational efficiency. Facilitating integration with any existing infrastructure, the advanced technology suite allows brokers to efficiently handle and execute high-volume multi-asset orders.
This further increases brokers’ ability to improve their operations and create a more powerful trading environment driven by stable pricing and raw market spreads.
Successful year in review and the way forward
This year has been a successful year for X Open Hub, marked by prominent representation at global industry events.
Touring around the world, from Mexico, in the heart of Latin America, to South Africa and Australia to Cyprus, the company enjoyed the spotlight at iFX EXPO LATAM 2024 (April 9 to 11), Finance Magnates Africa Summit (FMAS:24) (May 20 to 22), iFX EXPO International 2024 (June 18 to 20), Finance Magnates Pacific Summit (FMPC:24) (August 27 to 29), and Finance Magnates London Summit (FMLS:24) (November 18 to 20).
Spread throughout the year, each of these events provided a mix of networking and knowledge-sharing, allowing X Open Hub to showcase its innovative products and solutions to influential financial industry participants, strengthening its global footprint.
The results of this global journey were not late to appear. X Open Hub was among the nominees for the prestigious Best B2B Liquidity Provider (Prime of Prime) award at FMLS:24. This nomination is a nod to its efforts in the field of liquidity provision.
Recently, X Open Hub caught the media’s attention with two highly regarded industry awards – Best CFD Liquidity Provider APAC 2024 and Best Multi-Asset Liquidity Provider Global 2024 from International Business Magazine. Both distinctions contribute to the company’s prestige, cementing its position as a prime of prime liquidity provider.
Apart from award wins and event participation, X Open Hub’s journey in 2024 was also marked by strategic partnerships as the foundation for business growth and continued innovation, as highlighted by Kopiuk.
Partnering with more than 100 top businesses within the financial space across 25+ countries, X Open Hub demonstrates its commitment to global collaboration.
Licensed by top-tier regulatory bodies across key jurisdictions, including the FCA, CySEC, KNF, FSC, DFSA, FSCA, and FSA, X Open Hub adheres to strict regulatory requirements regarding anti-money laundering and transparency practices. This underscores the liquidity provider’s pledge to compliance and trust.
Looking forward to 2025, X Open Hub is poised for further expansion, being one of the major fintech players to watch. To explore its full offering or request a product demonstration, contact X Open Hub.