TraderTools Inc. (TraderTools), which delivers the world’s most advanced FX trading platform, announced today that it has added its pricing engine to the liquidity aggregation and order management capabilities already found in the company’s LightFX next-generation hosted FX trading service.
“Now banks will be able to distribute their rates via our FIX API to the world’s leading ECNs, such as 360T, Bloomberg and FXall,” said Yaacov Heidingsfeld, Chief Executive Officer at TraderTools. “This enhancement enables the banks benefiting from relationship-based pricing in our FX trading platform to provide more competitive pricing to their clients, regardless of the trading venue.”
TraderTools Inc. is the technology company committed to delivering the world’s most advanced FX trading platform. Banks and brokerages across the globe use our platform as the foundation of their FX businesses, for quicker time to market, better execution and higher profit.
Our Liquidity Management Platform™ (LMP) integrates liquidity aggregation, pricing, white-labeling and global order management into a single, end-to-end solution. It works seamlessly across all components, providing unparalleled visibility into the entire FX workflow. With advanced built-in capabilities, like algorithmic trading and auto-hedging, LMP can also be customized to suit individual needs.
Our LightFX™ next-generation hosted FX trading service, includes aggregation and order management functionality. LightFX delivers fully-disclosed, one-to-one relationship pricing at minimal cost to liquidity takers and at no cost to liquidity providers. It helps generate Alpha, reduces reliance on internal IT and can be up and running in a matter of weeks.
TraderTools, Liquidity Management Platform, LightFX and the tagline “The eFXperts” are trademarks of TraderTools Inc.
Mark Mayerfeld, EVP, International Sales
Ian Tick, Director, Marketing