The UK forex broker FxPro announced it is investing in the improvement of its data infrastructure and capacity by deploying the messaging and web streaming technology of the Canadian company Solace Systems.
The new technology is expected to improve the capacity and performance of the broker’s information infrastructure, including the messaging services that power the trading platforms and the customer interfaces, as well as the internal messaging services and its data centers. FxPro will use a combination of two Solace technologies – the Message Router Appliances – a hardware device and the Virtual Message Routers that run on the device. The new hardware and software solutions will replace the ones, used currently by FxPro – ActiveMQ, Kaazing and ZeroMQ.
“Our business is growing rapidly and it is necessary that we continue to offer a world-class trading experience and customer service as we expand our offering to cover more asset classes and geographies,” said Panayiotis Annivas, CIO, FxPro. “Solace gives us a rock-solid foundation on which we know we can build and grow our business to meet customer demand.”
FxPro is an online broker, regulated by by Cyprus’ Securities and Exchange Commission (CySEC) and UK’s Financial Conduct Authority (FCA). It offers complete services for all segments of the retail forex market, as well as trading with futures, indices, metals, shares, and contracts for difference (CFDs). It uses the trading platforms MetaTrader4, MetaTrader5, cTrader and its proprietary platform for social trading SuperTrader.
Solace Systems is a Canadian company, offering hardware and software solutions for data infrastructure and transfers. Its products are being used by the financial services, big data companies, the retail and gaming industries, etc.