In 2020, a financial technology (fintech) and market-making company without traders in the public eye, becoming the most influential market maker in the world. The company’s algorithmic trading relies on technicians, mathematicians, artificial intelligence and more to propel the company to the status of a world leader in market making.
OpixTech, the leader in algorithmic trading services, recently announced that its OpixAlgo has developed an algorithmic trading service for the FX and CFD markets. OpixTech was known for its algorithmic trading of equity market-making, which generated over 80% annual returns for its clients in 2019. Today, the company has developed OpixAlgo, an algorithmic trade for the FX and CFD markets, and has provided services to a number of financial institutions, including investment banks, brokerages, Electronic Communication Network (ECN) and family offices.
The data collected by OpixTrade on liquidity providers, their order flow and the analysis of market maker stock levels allows OpixAlgo to determine the possibility of market makers accumulating or reducing their stock in order to complete trades within a high volume price range, and to be able to guarantee that trades are completed at the lowest possible cost.
OpixTech’s rise in the market
The costly and inflexible traditional banking infrastructure is no longer sustainable, providing a perfect opportunity for fintech-focused companies like OpixTech. In 2017, the unstable state of market liquidity allowed market maker companies like OpixTech to use fintech technology to fill a much-needed liquidity gap. The changing market dynamics have also provided the company with new opportunities and with the launch of OpixTrade in 2019, an information and data integration platform for institutional and professional traders to change their trading habits through fintech.