SAN MATEO, CA – June 10, 2014 – Xignite, Inc., a leading provider of market data cloud services, today announced their partnership with Malta-based FDR Capital, LTD to power their GoldBroker.com precious metals trading platform. GoldBroker.com facilitates direct purchase and the secure storage of physical gold and silver bars and coins outside of the banking system, circumventing inherent risks in precious metals investment. A case study on the GoldBroker.com solution is available.
The GoldBroker.com service enables investors to protect their assets and purchasing power by directly purchasing physical gold and silver stored outside the banking system. Goldbroker.com maintains secured vaults in Switzerland and Singapore where customers have direct access and can personally check their precious metal bars if desired.
"Previously it was almost impossible for investors to own physical gold and silver bars directly in their own name—they had to invest through a bank and be exposed to counterparty default risks," says Founder and CEO Fabrice Drouin Ristori. "GoldBroker.com was created to help private investors own 100-percent allocated physical gold and silver bars and bullion outside the banking system in secured facilities in Switzerland and Singapore."
GoldBroker.com incorporates real-time Xignite precious metals price data to provide live gold spot prices, real-time daily performance charts of the metals against an array of 120 currencies, as well as historical gold price candlestick and line charts displaying pricing in both dollars and Euros empowering investors to make informed investment decisions.
Integration of Xignite's market data feed with the GoldBroker.com platform was quickly accomplished, according to Ristori. The service utilizes Xignite market data APIs providing precious metal spot and historical prices, and real-time gold coin prices, as well as real-time and historical forex quotes for currency exchange rates on more than 170 currencies.
"I contacted other financial data providers, but found that the client support offered was not good enough," offers Ristori. "We decided to use Xignite’s data after using the trial version, given it worked pretty well. We wouldn't have been able to publish our live gold and silver price charts without Xignite’s data."
Download the GoldBroker.com case study.
Xignite, Inc. is the leading provider of market data cloud solutions. Xignite makes sourcing and integrating real-time and reference market data into apps and devices easy and more cost-effective than alternative data feeds. The Silicon Valley-based company fuels FinTech innovation by powering web sites and apps for more than 1000 financial services, media, software and corporate clients, including FinTech standouts Betterment, FutureAdvisor, Personal Capital, SigFig, StockTwits, Wealthfront, Wealthminder and Yodlee. The company’s platform also powers private data distribution solutions for exchanges, market data vendors and financial institutions, including NASDAQ OMX, NYSE Technologies, Direct Edge and SIX Financial Information. For more information, visit http://www.xignite.com or follow on Twitter@xignite.
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