Aegisoft, a leading provider of global trading solutions, announced today that Nordea Bank AB (OMX: NDA SEK) has deployed Aegisoft's AthenaTrader platform to aggregate several marketplaces for their FX trading desks.
Nordea, the largest bank in the Nordic region, joins the swelling ranks of banks, brokerage firms and hedge funds to have selected AthenaTrader as its execution management platform for foreign exchange trading. Nordea's use of AthenaTrader spans several geographical regions.
From customizable trading "personalities" to stealth algorithms that arbitrage across multiple venues, AthenaTrader provides unique functions for access to the entire FX marketplace. Banks, brokers and buy-side institutions are drawn to AthenaTrader for its advanced features, keypad support, open programming interface, and its demonstrated speed and stability.
"Nordea required a proven execution management system to trade in the FX marketplace. It is extremely gratifying to see Nordea Bank recognize the value of the AthenaTrader platform," said Stan Adelman, President of Aegisoft. "Nordea performed a comprehensive search for a state-of-the-art system that combined the best of FX aggregation and algorithmic capabilities. Their traders demand best execution coupled with rapid access to many liquidity pools. We look forward to assisting Nordea in managing its growing FX business."
The addition of Nordea Bank as a customer further extends Aegisoft's market presence in the European region.