TraderTools, which provides the only complete, integrated FX trading platform available on the market, announced today that LBBW, one of the largest banks in Germany, has selected TraderTools' Liquidity Management Platform as the foundation for its FX trading desk.
"We pride ourselves as being a global bank, but with a regional focus," said Ralf Elmer, Head of FX Spot at LBBW. "That's a commitment to offering the latest banking services in the most personalized way. Thanks to TraderTools' FX trading platform, we now compete with our major competitors in terms of superior, customized FX pricing and automation, including algorithmic trading and hedging."
"We are excited about working with LBBW," added Mark Mayerfeld, Executive VP, International Sales at TraderTools. "It joins other leading banks in Germany, such as BayernLB, BHF and Commerzbank, that are using our platform to optimize their FX operations."