TraderTools has added order management capabilities to complement the aggregation functionality inherent in its LightFX next-generation hosted FX trading service. “Until now, our market leading Order Management System was only available as part of a full enterprise offering. Now banks will be able to take advantage of the field-proven enterprise functionality of the OMS – no matter how big or small their order business is – without any upfront costs. They can now cover the whole FX trading workflow – from customer order to market execution – using a hassle-free, fully-hosted, Software-as-a-Service (SaaS) solution,” said Yaacov Heidingsfeld, TraderTools’ CEO. “This will allow banks to increase customer flow and profit, while benefiting from superior on-demand aggregation and resulting executions.”
The Order Pad client provides multiple live-market perspectives on resting orders.