TraderTools' innovative FX trading platform provides solutions that address the core challenges of FX trading in a fully hosted SaaS environment. Each feature is fully integrated within our FX trading platform.
Dealers need access to as much liquidity as possible. TraderTools' FX Liquidity Aggregation component supports over 40 APIs from the world's largest liquidity providers, with no limitation on the number of currency pairs.
A diverse set of order and execution types means dealers can take liquidity how they want it, when they want it.
TraderTools' flexible Graphic User Interface (GUI) allows traders to customize their views of the market.
The SOR unit receives full liquidity in real time and constantly monitors the tiered and quoted bids and offers from different venues, according to predefined order rules. When a match is found, it immediately executes the order on the appropriate venue.
A real-time, streaming, rate-publishing API lets banks, brokers and other financial institutions, create and publish executable rates for foreign exchange spot, forwards, swaps and other symbol-based money market instruments to their clients.
When an institution has more than one streaming executable rate feed, the Pricing Engine can process the full depth of the market to constantly and consistently find the best bid and offer, subject to powerful rate-staleness and validity filters.
The FX pricing Engine distributes proprietary rates to customers via FIX API, White Label and ECN channels, each of which can be managed and monitored separately.
The FX Pricing Engine allows financial institutions to execute deals and export them to their back-office systems.
A unique portal allows access to a bank's FX services from any browser, without heavy downloads.
A versatile GUI, similar to those of other feature-rich applications, provides high-quality widgets for a rich user experience in a bank-branded environment.
Fully-executable customer-spread prices are pushed to the customer's browser from the TraderTools FX Pricing Engine. Best Bid/Offer or Tiered prices can be streamed based on setup.
One-click dealing from a grid of clickable dealing cells gives customers the fastest way to execute trades. Resting orders including Limits and Stops, OCOs, Take Profit and Stop Loss triggers are supported and orders can be accepted automatically or sent for dealer approval.
The simplest strategy for hedging customer risk is to back-to-back each customer trade with a corresponding trade to market. This strategy might be used when an institution is acting as an agent only, in certain currency pairs or trade amounts. The Strategy Engine decides whether to back-to-back or warehouse risk instantaneously.
Sophisticated algorithms allow risk to accumulate within certain tolerances to enable internal crossing between customer and internal trades. The Strategy Engine's user interface provides a summary view of all current positions.
Traders can create custom strategies to take advantage of market conditions or to structure trades with specific execution characteristics. Each strategy has access to the current market and executions as they take place and can self-adjust if necessary.
Our straight-through processing allows for customer-to-bank and bank-to-market fills. The FX Order Management component provides for the sales markup of order levels.
The FX order management component is fully integrated with the aggregated rates from the live market. This means that all orders are monitored against the aggregated feeds, eliminating slippage between customer order fills and the trades to hedge them.
Multiple real-time views of orders closest to market
Spot, NDF, EFP and Forward instruments are all supported.
Our straight-through processing allows for customer-to-bank and bank-to-market fills.