Lava Trading enters FX Market

First Published: e-Forex Magazine 14 / News / April, 2004

Lava Trading Inc has announced a major initiative to introduce electronic foreign exchange trading on the Lava platform. The new product suite, LavaFXTM, will be built upon Lava’s leading, proprietary technology core, to provide a premier offering in global currency trading. This venture is an extension of Lava’s mission to enhance the securities trading process through technology leadership. Lava will leverage its equity business model as it forays into the foreign exchange arena in an effort to further transform the industry into a more electronic marketplace.Richard Korhammer“We are bringing our leadership in equities trading to the foreign exchange market,” said Richard Korhammer, Chairman and CEO, Lava Trading Inc. “Marrying the world’s largest financial marketplace with Lava’s fast, intelligent and reliable trading solutions will mean a new class of service in foreign exchange trading.”...continued

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