TraderTools Inc. (TraderTools), which delivers the world’s most advanced FX trading platform, announced today that it has been recognized by FX Week for providing the Best Liquidity Aggregation System in the publication’s 2013 e-FX Awards.
According to FX Week Editor Joel Clark, “Small regional banks trading foreign exchange on behalf of corporates and investors make up a significant proportion of daily flow in the spot market… It is this customer base TraderTools sought to tap into when it launched its hosted aggregation platform, LightFX, in March 2012.”
“We’re answering the unmet market need of providing full FX trading functionality to an emerging class of ‘relationship banks’ that often lacks the resources necessary for a complete FX solution,” explained Yaacov Heidingsfeld, CEO of TraderTools. “We provide pure relationship aggregation and a non-predatory SOR, with no resource requirements.”
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