ActForex adds auto-dealing capability

ActForex, Inc., an independent Managed Service Provider of FX software and services, has recently introduced the AutoDealer module for its Internet Currency Trading System (ICTS®). The AutoDealer option is designed for financial institutions that wish to offer online retail FX to their customers without the overhead of a fulltime dealing desk. It fully automates the dealing process. Trades coming from traders or Introducing Brokers' clients are automatically offloaded to a liquidity provider of the company’s choice. Prices are fed live directly from the liquidity provider.Straight Through Processing from the front-end to the back-office provides one consolidated and efficient trading environment. The risk associated with dealing (“Market Making”) is retained by the liquidity provider, but the ability to control revenues remains with ICTS® AutoDealer licensee. This solution is the ideal stepping stone for companies on the road to becoming Market...continued

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