Random Walk provides FXall trading interface
03 December 2001 | 3240 views | 0
Random Walk Computing has developed an interface for market makers to present and price foreign exchange trades over the FXall currency trading portal without requiring any upfront software investment.
The new Web-based trading application enables liqudity providers to respond to FX quote requests from multiple clients. It incorporates the latest Java enhancements and secure, real-time data communication via HTTP.
Jack Lemonik, chief technology officer at FXall, comments: "The automated Provider Pricing Tool removes the only significant barriers to entry – time and cost. With no initial system integration, we can put new providers online in record time. For those organisations that want full integration with existing systems, the APIs are there. The difference is that, with the work that Random Walk has done, they can be trading while that integration is being done.”