Hybrid Solutions has agreed to license its award winning VertexFX platform to MarketCloud, a new software firm that will host the trading platform on the cloud.
As a result of the agreement, a fully functional cloud based VertexFX platform will be readily accessible to regulated brokers on a leased pay-as-you-go licensing scheme.
MarketCloud is a certified Application Service Provider (ASP) and a cloud based setup trading platform. Open to FCA, NFA and CYSEC regulated brokers, MarketCloud enables brokers to:
• Lease the platform and profit share from trades
• Avoid expensive set up fees
• Have full access to the award winning VertexFX trading platform securely.
VertexFX has been successful in the Middle East and Far East, which accounts for over 70% of its client base and is making an impact in the UK and Europe.
VertexFX is a simple and client friendly terminal with advanced chart and auto trading scripting capabilities and offers a comprehensive online trading platform solution for brokers, market makers and liquidity providers for all of OTC and STP business model.
Akram Majed, CEO of Hybrid Solutions, said: "I am pleased to be able to license VertexFX to MarketCloud because our trading platform will be even more accessible to both regulated brokers and traders.
"Based on applications cloud hosting concept, MarketCloud makes it easier for brokers set-up VertexFX and as it is available on lease there is no need to pay up front or to fund expensive set up fees.
"We carefully select our partners and only work with partners who can add real value-add to our business, for traders it offers the reassurance that the brokers on MarketCloud are regulated and reputable."