Currenex launches CX SmartOrder
Currenex, Inc. has introduced CX SmartOrder, an FX trading platform that allows traders to leverage algorithmic trading models, manage orders, and reduce market impact. This stand-alone platform runs on a traders own computer and includes standard trading models as well as a secure environment for Tick by Tick processing of a clients custom algorithms. The platform aggregates liquidity from diverse sources and displays it in an easy to use format.
CX SmartOrder offers the trader complete control over trading models and tactics, with the flexibility to revise strategies swiftly and implement new trading models on the fly. The system aggregates liquidity pools and allows traders to intelligently route orders for lowest cost execution factoring both market rate and execution costs. Order routing technologies ensures optimal order execution with minimal market impact.