SmartTrade Technologies, an industry leader in cross-asset liquidity management software for banks, broker-dealers, ECN's, asset managers, and large hedge funds today announced the release of LiquidityConnect for FX.
smartTrade Technologies LiquidityConnectTM for FX allows enterprises to have access to multiple FX markets from one unified point of connectivity, allowing rapid deployment of many out-of-the-box connectors. LiquidityConnectTM for FX is run as a standalone product, but is also fully integrated into the smartTrade Technologies LMS product range. The connectivity in the LiquidityConnectTM for FX has been built by smartTrade Technologies to offer to the market a product that is easy and fast to implement and requires less resources to support. For those organizations that have their own technology, they now have an ability to quickly build a range of functionality around this unified point of connectivity in order to control their costs and enhance their services; all at a very low latency.
smartTrade Technologies LiquidityConnectTM for FX , based on each firms level of accreditation to each venue, offers a single point of access to one or many major FX platforms (or portals) including the following:
• EBS
• FXall
• Hotspot FX
• Currenex
• HSBC
• Royal Bank of Scotland
• BofA Merrill Lynch
• BAXTER's CurrencyDealing.Net
• GAIN GTX
• eSpeed FX
• Citi
• Credit Suisse
• Goldman Sachs
• J.P. Morgan
• Nomura
Harry Gozlan, CEO and Founder of smartTrade Technologies, said "the Foreign Exchange market is evolving rapidly; any products that will help improve and advance the access to liquidity is a value add for organizations who can then develop more products around one central point of connectivity while reducing the maintenance and support costs of the connectivity. Gozlan continued, "We see LiquidityConnectTM for FX as a major advancement in the connectivity to the FX markets."