State Street strengthens FX platform

State Street Corporation has announced that FX Connect®, its market-leading FX execution venue is enhancing its trading technology to provide a more agile and innovative platform for its clients.

First Published by e-Forex News: March, 2019

Beverley Doherty
Beverley Doherty

State Street Corporation has announced that FX Connect®, its market-leading FX execution venue is enhancing its trading technology to provide a more agile and innovative platform for its clients.

Beverley Doherty, global head of FX Connect, announced the enhancements noting that “In today’s highly competitive environment where firms face increased complexity and regulatory requirements, it’s vital that we work with our clients to shape our product and solution strategy,”

 

FX Connect’s range of enhancements includes:

• FX Connect GUI. Through a complete transformation using HTML5, FX Connect is creating a trading ‘cockpit’ that provides order management and execution through a single, secure interface.

• Automated Order Routers (AOR), its automated rules-based trading for Request for Stream (RFS) sessions. Platform upgrades will improve the efficiency and effectiveness of execution for the real money community.

• FX Connect Order Blotter. Developments include live indicative rates, the estimated percentage away from an order’s limit price, colour coding of orders based on their percent away from their custom threshold settings and customisable order alters.