TraderTools Inc. (TraderTools), which provides the only complete, integrated FX trading platform available on the market, announced today that DZ PRIVATBANK S.A., one of the largest German banks in Luxembourg, has selected TraderTools' Liquidity Management Platform™ to serve as the basis for its FX trading department.
"To service our expanding customer base in the highly-competitive FX market, we were looking for a software solution that would allow us to enhance our customer service, sharpen our competitive edge, reduce risk and improve automation," said Uli Loersch, Senior FX Manager at DZ PRIVATBANK. "Liquidity Management Platform combines liquidity and order management, aggregation and pricing in one solution, making TraderTools the ideal partner for meeting our FX challenges electronically."
"We are pleased to working in Luxembourg, an international financial center," added Mark Mayerfeld, Executive VP, International Sales at TraderTools. "DZ PRIVATBANK will now be able to benefit from optimized FX position management, including algorithmic trading and auto-hedging."