smartTrade’s LiquidityFX powers SBI Liquidity Market

smartTrade’s LiquidityFX powers SBI Liquidity Market

Tokyo, Paris & Aix en Provence, May 8th, 2013 – smartTrade Technologies, an industry leader in cross-asset liquidity management software and solutions for banks, broker-dealers, asset managers, and large hedge funds, announces today that SBI Liquidity Market, a Japanese leading FX infrastructure solution and liquidity provider, has selected LiquidityFXTM, smartTrade’s FX trading system to provide the aggregation service and smart order routing to achieve best execution. SBI Liquidity Market chose smartTrade for its proven market reputation, sophisticated technology and rich experience in global market for tier-1 and tier-2 banks, brokers, asset managers and hedge funds.

SBI Liquidity Market selects smartTrade’s technology

SBI Liquidity Market will use the aggregation and smart order routing parts of LiquidityFX. LiquidityFX drastically reduces time-to-market for rollout of sophisticated FX trading systems and helps clients to control their IT expenditure thanks to the flat price structure offered by smartTrade.

Tatsuo Shigemitsu, Representative Director and President, SBI Liquidity Market said, “It was imperative for us to develop a robust FX trading system for our high volume client transactions in a short space of time. As our transaction volume has been growing much faster than expected, time was critical and smartTrade’s solution could be deployed very quickly. We have selected smartTrade’s technology also because of their proven track record among global banks and other financial institutions. ”

David Vincent, Chief Executive Officer, smartTrade Technologies said: “We are very pleased to help SBI Liquidity Market introduce the next generation of FX systems very quickly. Our continued progress in Asia demonstrates our tremendous growth both in Asia and worldwide.”

About SBI Liquidity Market

SBI Liquidity Market was established in 2008, in order to provide secure FX liquidity, and infrastructure to financial institutions, such as security houses, or retail FX companies. SBILM has accomplished to be able to provide extremely competitive and transparent liquidity with robust operations for its clients by focusing on the interbank FX market.