ZuluTrade Partners with X Open Hub
Forex and CFD trading technology provider, X Open Hub, has announced a new partnership with ZuluTrade. ZuluTrade is a leading FX social trading provider that tracks traders globally, while simultaneously enabling users to share their knowledge and mimic successful trader positioning. As a result of this collaboration, their unique tracking and execution technology has now been fully integrated with X Open Hub’s trading environment and is available free of charge for the end user.
Overview of X Open Hub Technology
X Open Hub is a cloud-based, multi-asset trading environment with an open API infrastructure allowing anyone to develop on top of the existing front and back office technology. Because of this simple integration through xAPI brokers and banks already using X Open Hub’s solution will find the ZuluTrade integration process extremely easy.
ZuluTrade’s Vision for Open Trading
Founder of ZuluTrade, Leon Yohai, commented: ‘ZuluTrade’s core concept is to offer an open environment where traders on a global level can connect to any trading platform and sell their knowledge.’ He continued: ‘This is an exciting opportunity for all those brokers currently using X Open Hub. Now they can easily integrate ZuluTrade within their own platforms and enjoy all the benefits of ZuluTrade’s unique trading technology.
First Live Implementation with XTB
The first brokerage client to take advantage of this collaboration is Top 10 EU retail broker, XTB. Their project went live at midnight March 28th, 2014 UK Time and is understood to have already proven very popular with clients.
Industry Impact and Executive Insights
Of this new collaboration, Jakub Zablocki, Managing Director of X Open Hub said: ‘This is a breakthrough development for the industry. In partnership with ZuluTrade, we can now offer our flagship FX open trading environment with world-renowned technology provider ZuluTrade, whose solution is perfectly complementary to ours. We look forward to the advantages that this collaboration will bring to our broker clients and their end users.”
