GCEX Launches New Price Feeds for Aggregating Brokers

GCEX Group, a digital asset and forex solutions provider, has unveiled two new price feeds tailored for brokers who aggregate: XplorSkew and XplorSkewPlus. These feeds aim to enhance market spreads and improve performance in the FX and precious metals sectors.

The company's commercial team has developed these solutions in response to challenges in the liquidity environment faced by brokers. According to Jonathan Brewer, Chief Revenue Officer of GCEX, the purpose of these feeds is to leverage aggregation advantages, allowing brokers to achieve tighter spreads and better value. Brewer stated, "Aggregation allows brokers to take advantage of price skews, which lead to tighter spreads and greater value."

With liquidity providers becoming more cautious about alpha leakage risks, GCEX's XplorSkew and XplorSkewPlus offer brokers an opportunity to access favorable pricing dynamics during a time of market hesitation. Lars Holst, CEO & Founder of GCEX, expressed excitement about the launch, highlighting the added value it brings to their clients in a challenging market landscape.

GCEX continues to position itself as a leader in the FX and digital asset markets, offering an array of solutions under its XplorDigital suite, from "Crypto in a Box" to "Broker in a Box." The firm maintains a global presence, with regulatory oversight from the UK's FCA, the Danish FSA, and the Dubai Virtual Assets Regulatory Authority.