New York, Aix en Provence (France), April 16th, 2014 – smartTrade Technologies announces today that LiquidityFX™, its extensive forex trading solution for spot FX, swaps, NDF and precious metals, was recognized as the best sell-side automated trading platform at the Sell-Side Technology Awards held by Waters Technology.
LiquidityFX is smartTrade’s trading system for spot FX, swaps, NDF and precious metals. With no volume-based fees and no charge added to the venues, LiquidityFX offers connectivity to more than 40 providers, combining aggregation and execution, smart order routing, order management, pricing and distribution, HTML5 white label, risk management, post-trade and reporting, multi bank platform distribution and monitoring into a single offering. LiquidityFX is available either as software only or as a hosted service collocated with the main forex liquidity providers globally.
David Vincent, Chief Executive Officer of smartTrade says “Our team works very hard to deliver outstanding solutions and smartTrade is very proud to be recognized by the industry. Since using LiquidityFX, our clients have experienced a significant positive impact on their P&L on a yearly basis. LiquidityFX enables them to create a more attractive offering for their clients within a very fast time to market and brings an optimized solution where they can leverage their client flow effectively in the market.”
LiquidityFX has seen a growing success since its introduction in 2012 and has known many successful developments since. Recently, the platform received an additional API for its highly appreciated order management system in order to provide detailed information on the orders managed to other systems such as analytics, pricing and position keeping solutions. In addition to its customisable algos, LiquidityFX is now offering a new and flexible generation of sophisticated execution methodologies to aggress the market and address the coming needs in the algo space. Currently, smartTrade is adding specific reports for regulatory purposes as to improve TCA and allow more detailed market impact analysis.
David Vincent adds “As a vendor, smartTrade’s responsiveness to its clients is highly appreciated and we believe that LiquidityFX’s success is largely due to the fact that smartTrade is continuously working with its clients. A very interesting trend we are seeing today is the need to bring Fixed Income and Forex solutions together: smartTrade is currently working with clients in the fixed income space for LiquidityFX to support SEF aggregation and adapt to Fixed Income market requirements.”
About smartTrade Technologies
Founded in 1999, smartTrade provides sophisticated Liquidity Management Systems, enabling banks to develop multi-asset dealing platforms that aggregate liquidity from dozens of sources to create a single order book, distribute customised pricing to clients, receive and manage client order flow, internalise liquidity and/or route it to external venues regardless of messaging protocols. The system handles multiple asset classes and is in production globally supporting foreign exchange, fixed income, equities, rates, and many other instrument types. Visit www.smart-trade.net.
LiquidityFX™ is a trading system for Spot FX, Swaps, NDF and Precious Metals. With no volume-based fees, the platform gathers the functions of connectivity, aggregation, smart order routing, order management, pricing and distribution, risk management, HTML5 white label, post-trade and reporting, multi bank platform distribution and monitoring. smartTrade offers one of the deepest connectivity with more than 40 providers composed of both banks and ECNs. Visit smart-trade.net/LiquidityFX.