Digital
prime broker GCEX Group announced today the release of an Open API solution,
providing institutional clients with programmatic access to trading data and
portfolio information.
The new
interface enables direct connectivity to GCEX’s back office systems, allowing
clients to access balances, positions, and trade data in real-time. The
development aims to enhance operational efficiency through automated processes
and integrated regulatory reporting capabilities.
“Clients
have been requesting this level of accessibility, and we are excited to deliver
a scalable solution that not only meets their needs but exceeds their
expectations,” said Lars Holst, CEO of GCEX.
As Holst
explained, the GCEX Open API is designed to enhance transparency by providing
clients with instant access to essential data. This feature supports more
informed trading and portfolio decisions while streamlining compliance with
regulatory requirements. By enabling efficient access to critical information,
the API helps clients optimize their trading operations and reporting
processes.
The move follows GCEX’s recent enhancement of its partnership with institutional custodian Hex Trust. Two months prior, the companies launched a new “Secured Accounts” service aimed at providing improved protection for institutional digital assets in the EU and UK markets.
The
system automates previously manual processes, allowing clients to:
- Monitor
balances and positions in real-time - Access
comprehensive trade data - Generate
automated compliance reports - Integrate
with existing portfolio management systems
The API
implementation includes security protocols and scalable architecture to
accommodate institutional requirements. The service integrates with GCEX’s
existing XplorDigital platform, which provides digital asset and foreign
exchange services to professional clients.
GCEX’s Recent Developments
GCEX saw
significant activity toward the end of 2024, including a collaboration with
Switzerland-based spot cryptocurrency exchange RULEMATCH. This partnership
supports ultra-low latency trading while integrating post-trade clearing and
settlement with netting, broadening access to cryptocurrency trading for
institutional clients.
Additionally,
GCEX introduced two price feeds for brokers utilizing aggregation, named
XplorSkew and XplorSkewPlus. These offerings aim to enhance spreads and overall
performance for brokers in the foreign exchange and precious metals markets.
The company
has also launched an improved market data feed solution, covering a wide range
of products such as Equity Index CFDs, Energy CFDs, Commodity CFDs, Crypto
CFDs, Spot FX, and Bullion. This new service enables unrestricted access to
real-time market data, allowing brokers, funds, and professional traders to
redistribute information with greater ease and flexibility.
Digital
prime broker GCEX Group announced today the release of an Open API solution,
providing institutional clients with programmatic access to trading data and
portfolio information.
The new
interface enables direct connectivity to GCEX’s back office systems, allowing
clients to access balances, positions, and trade data in real-time. The
development aims to enhance operational efficiency through automated processes
and integrated regulatory reporting capabilities.
“Clients
have been requesting this level of accessibility, and we are excited to deliver
a scalable solution that not only meets their needs but exceeds their
expectations,” said Lars Holst, CEO of GCEX.
As Holst
explained, the GCEX Open API is designed to enhance transparency by providing
clients with instant access to essential data. This feature supports more
informed trading and portfolio decisions while streamlining compliance with
regulatory requirements. By enabling efficient access to critical information,
the API helps clients optimize their trading operations and reporting
processes.
The move follows GCEX’s recent enhancement of its partnership with institutional custodian Hex Trust. Two months prior, the companies launched a new “Secured Accounts” service aimed at providing improved protection for institutional digital assets in the EU and UK markets.
The
system automates previously manual processes, allowing clients to:
- Monitor
balances and positions in real-time - Access
comprehensive trade data - Generate
automated compliance reports - Integrate
with existing portfolio management systems
The API
implementation includes security protocols and scalable architecture to
accommodate institutional requirements. The service integrates with GCEX’s
existing XplorDigital platform, which provides digital asset and foreign
exchange services to professional clients.
GCEX’s Recent Developments
GCEX saw
significant activity toward the end of 2024, including a collaboration with
Switzerland-based spot cryptocurrency exchange RULEMATCH. This partnership
supports ultra-low latency trading while integrating post-trade clearing and
settlement with netting, broadening access to cryptocurrency trading for
institutional clients.
Additionally,
GCEX introduced two price feeds for brokers utilizing aggregation, named
XplorSkew and XplorSkewPlus. These offerings aim to enhance spreads and overall
performance for brokers in the foreign exchange and precious metals markets.
The company
has also launched an improved market data feed solution, covering a wide range
of products such as Equity Index CFDs, Energy CFDs, Commodity CFDs, Crypto
CFDs, Spot FX, and Bullion. This new service enables unrestricted access to
real-time market data, allowing brokers, funds, and professional traders to
redistribute information with greater ease and flexibility.
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