Centroid Solutions and Sheer Markets Partner to Drive NDF Liquidity

Centroid Solutions, a leading forex trading technology provider, announced that it has collaborated with CySEC licensed FX broker Sheer Markets to drive access to Non-Deliverable Forward (NDF) liquidity.

Institutional NDF turnover within the last 12 years has seen a steady increase of some 300% in trading volume. Specifically, in the previous year, institutional NDF volumes have increased by a significant 43%. 

Under the new partnership, Sheer Markets and Centroid Solutions will offer retail brokers access to a large NDF liquidity pool, thereby creating new investment avenues and offering brokers access to an enhanced product range for their clients.

“Our collaboration with Centroid Solutions came about to support the improvement of our overall user experience. Sheer Markets is standing out in today's financial market because of its unique and diverse product offering,”Sheer Markets CEO, Howard Carr, said.”As we continuously take the necessary steps to ensure our innovative attitude is reflected through a carefully planned product suite, our clients’ trading experience remains our No. 1 priority."

“We are delighted to partner with Sheer Markets and provide a viable solution for NFDs for our customers, via our Centroid Gateways aggregation engine and our network infrastructure,”Centroid Solutions CEO, Cristian Vlasceanu added.”We look forward to collaborate closely to Sheer Markets and continue to offer solutions that can help clients to be reach their full potential.”

Last month, Centroid Solutions and Samtrade FX​, an online trading broker that provides forex trading and other related services, have announced a strategic partnership.