Smart Trade adds customizable consolidated Order Book functionality

Smart Trade Technologies has introduced customizable consolidated order book functionality for its smartTrade LiquidityAggregatorâ„¢ engine, new functionality that allows for the real-time consolidation of trade, order and quote data across ECNs, bank portals and internalized sources.

First Published by e-Forex News: April, 2010

Margaret Bailey
Margaret Bailey

Smart Trade Technologies has introduced customizable consolidated order book functionality for its smartTrade LiquidityAggregator™ engine, new functionality that allows for the real-time consolidation of trade, order and quote data across ECNs, bank portals and internalized sources.  By implementing LiquidityAggregator’s flexible, easy-to-deploy functionality, banks, broker-dealers, asset managers and hedge funds gain access to a customizable engine to produce a fully aggregated view of liquidity from both internal and external sources, creating a single order book for single-, multiple- and cross-asset trading that meet best execution requirements.

According to Margaret Bailey, Smart Trade’s VP, business development, North America, “This new functionality provides flexible management of aggregated views – especially important in FX where different liquidity distribution needs exist - for retail, institutional and corporate clients as well as multi-asset and cross-asset situation.”