X Open Hub, a global provider of cutting-edge liquidity and technology solutions for financial institutions, has just increased its multi-assets offering. The company has added 30 new cryptocurrencies and two emerging market indices to its vast asset list.
X Open Hub is a liquidity solution provider with many years of experience in offering world-class technology for banks and brokers. The emerging market indices added by the company include CH50cash and IND50cash. Meanwhile, X Open Hub already offers over 5000 global instruments to financial institutions before the new development.
X Open Hub is hell-bent on enhancing its efficiency to provide adequate support for financial firms. The company is on the mission to help financial institutions achieve cost-optimized business models through improved operational efficiency and increased profitability.
The company’s decision to top its list of crypto offerings with 30 new assets reflects its aim to serve brokers better. Speaking on this, the CEO of X Open Hub, Michael Copiuk said;
“We believe brokers need to stay abreast of trends and should perceive a wide range of cryptocurrencies as an additional tool to attract new customers or manage their retention. In the last quarter, we devoted a lot of attention to developing our asset class offering and equipping our partners with all the tools necessary to remain competitive in the market.”
In addition to this, the company further added two new market indices to its liquidity offerings, namely IND50cash and CH50cash. According to the announcement, IND50cash is considered a well-diversified index based on the Nifty 50, an Indian benchmark index that includes 50 of the most profitable companies across 12 sectors listed on the nation’s stock markets.
However, CH50cash, on the other hand, is based on the China A50, a pan-China benchmark index that includes the top 50 companies listed on the Shanghai and Shenzhen stock exchanges.