S A M Trade Asia Pte. Ltd. (SMFX)

[Bearslayer]

News from October....
https://financefeeds.com/centroid-solutions-signs-samtrade-fx-extend-liquidity-distribution/

CENTROID SOLUTIONS SIGNS SAMTRADE FX TO EXTEND LIQUIDITY DISTRIBUTION
OCTOBER 25, 2021 8:36 PM UTC, ABDELAZIZ FATHI
Samtrade FX has partnered with FinTech provider Centroid Solutions, which provides a wide array of services to brokerage firms, including risk management services, connectivity, aggregation, and regulatory reporting.


This alliance will enable Samtrade FX to extend its multi-asset liquidity distribution using Centroid Gateways, an institutional grade connectivity, liquidity management, execution and reporting system. The combined effort will also see Samtrade FX leverage the Centroid24 risk management system.

Centroid Solutions also delivers tailored solutions to foreign exchange and CFDs brokers seeking improved risk visibility, including a proprietary bridge solution for connectivity. Its Centroid 24 risk management suite collects data and produces conclusions that help brokers understand their profitability on both A-book and B-book models of operation.

With its integrated approach to the market, Centroid Solutions is venturing deeper into what is a competitive space in the retail brokerage industry. In 2019, the company expanded its operations to Cyprus, which marked the fourth major geography since the firm established its presence in Dubai, Zurich and Australia.

“Centroid Solution continues to identify innovative approaches to partnerships that enable us to stay at the forefront in the online trading industry. This partnership allows Samtrade FX to incorporate the latest risk management and analytics tools, helping us to take our risk management to the next level. This supports broader commercial strategies with our clients and partners to bring growth opportunities that will also benefit our core business” said Alfred Yue, Head of Dealing at Samtrade FX.

“We are delighted to partner with Samtrade FX and provide our technology solutions for improved connectivity and liquidity management, trade execution and risk management. With Samtrade FX going strength from strength, growing and expanding their business world-wide, we look forward to collaborating closely with their experienced team and supporting their growth and ambitions via our innovative solutions” added Cristian Vlasceanu, CEO of Centroid Solutions.

Samtrade FX made the headlines last year when it struck up a two-year sponsorship deal with Cardiff City Football Club. The deal included ‘Official Global FX Trading Partner’ status for Samtrade FX at the Championship club as well as company branding at the venue.

The agreement marked a first foray into sports sponsorship for Samtrade FX, which is incorporated in Saint Vincent and the Grenadines. The company also secured licenses from the UK’s FCA and Australia’s ASIC. However, Samtrade FX renounced its ASIC regulation and left Australia in 2020.