SmartTrade Technologies has launched several new components for LiquidityFX, its packaged FX eCommerce system. In addition to connectivity, liquidity aggregation and smart order routing, the new system now includes pricing, price distribution, order management, hedging and risk management.
“As an asset class, FX represents tremendous potential opportunity for mid-tier and regional banks and brokerages,” said smartTrade’s CEO, Harry Gozlan. “LiquidityFX gives them a complete FX dealing platform with transparent execution and no volume-based fees. This gives regional financial institutions the ability to attract and retain more of their customers’ FX business. LiquidityFX is an affordable package built on smartTrade’s proven Liquidity Management System used by more than a dozen global Tier-I institutions.”