Moneyline Telerate is to use Smart Trade Technologies' transaction engine to power its browser-based trading community network Momentum.
The Momentum solution is designed to provide a turnkey distribution network for dealer liquidity and customer order flow across all asset classes.
Jon Robson, CEO, Monelyline Telerate, says Smart Trade was selected for its core design which is multi asset class capable: "Our buy side customers need access to all types of markets, and the Smart Trade technology allows us to offer solutions in any markets we want to support."
Paris-based Smart Trade is best known for its in-house matching system that allows firms to operate internal private exchanges but it also provides technology for single-dealer, multibank and exchange communities.
Moneyline Telerate says it also plans to offer integrated click and trade functionality across all of its products from Active8 to its browser-based product WebStation.