Alior Bank has announced it is partnering with Aphelion to improve its FX trading capabilities. After detailed analysis, Aphelion AB was chosen as a supplier of comprehensive FX trading solution – Quasar eFX. Quasar includes a central algorithmic trading system. It helps to aggregate liquidity from the world’s largest banks and to trade on pooled liquidity. Open currency positions can be easily managed as a result of implementation of various automated hedging strategies.
The eFX system is used to configure and manage FX rates that are sent to Alior Bank’s FX platforms. Alior Trader, Autodealing and Kantor Walutowy are focused on retail clients. However, the Quasar Trader Portal is a single bank portal dedicated to the most sophisticated corporate clients. Thanks to the fact that the Quasar eFX server is hosted in London, it provides ultra low latency of trade execution and excellent access to the liquidity of leading banks.