Centroid Solutions, a UAE-based fintech, partners with Dubai Financial Market (DFM) for multi-asset connectivity and risk management.
This effort is part of Dubai’s plan to grow its capital markets and embrace digitalization, making it easier for investors in Dubai and around the world to purchase listed securities and financial instruments.
Centroid Solutions provides the tools needed to link up to over 250 liquidity providers and market players, as well as integrate with various multi-asset trading platforms such as MetaQuotes MT4 and MT5, allowing financial institutions to quickly and effortlessly invest in the Dubai Financial Market.
CEO of Centroid Solutions, Cristian Vlasceanu, said:
“We believe this integration will benefit not only regional financial institutions, but also global players, driving additional investments into the region, at a time when Dubai is cementing its position as a powerful capital markets hub globally”.
He added:
“Centroid Solutions has a track record of providing innovative trading solutions to global financial institutions, with the aim to continuously meet the evolving needs of investors both regionally and internationally. As a UAE-headquartered global fintech company, we are delighted to closely collaborate with Dubai Financial Market, to enable easy access to Dubai-listed securities to our global customer base. Through our flagship multi-asset connectivity technology, financial institutions can now expand their offering, enabling the trading of regional securities to their customers”.
Chief Operating Officer of DFM, Khalifa Rabba, said:
“As part of our wide-ranging digital transformation strategy, we are delighted to cooperate with Centroid Solutions through this strategic connectivity agreement. We are cooperating with leading financial institutions and fintech providers to implement numerous initiatives aimed at driving market accessibility to DFM-traded securities and products. During 2022, 49% of trading value originated with international investors and today’s initiative marks the start of greater access from trading and clearing members abroad and adds to existing connectivity solutions”.
