Currenex and Traiana offer STP for FX trades
First Published by e-Forex News: January, 2006
Traiana, Inc. and Currenex have integrated their platforms to automate and streamline order processing for prime brokers conducting foreign exchange trades on the Currenex execution platform. The complete straight-through-processing integration of Currenexs platforms, the Traiana Harmony service and Traianas Trading Relationship Management (Traiana TRM) software will bring additional speed and seamlessness to the trade process.
Prime brokers can now receive immediate, electronic Currenex deal confirmations via the Traiana Harmony message center, meaning they can more effectively manage total positions, and provide their buy-side clients with increased efficiencies, improved reporting and reduced operational risk.