SmartTrade Technologies today announced that MKS (Switzerland) SA (MKS) has selected smartTrade's Liquidity Management System (LMS) to handle its physical customer pricing.
The system will provide end-to-end market connectivity, pricing configuration and distribution, order management and smart order routing.
MKS is a part of a precious metals group of companies specializing in all aspects of gold and other precious metals processing. "The new pricing platform permits us to better serve our clients depending on their specific need ," said Thierry Habib, Vice President, Metal Sales of MKS. "We are refreshing our pricing platform using smartTrade in order to improve risk management and provide more functionality.". "We selected smartTrade's LMS to allow us to improve functionality and performance for both customer and dealer systems," said Habib. "The new system will have many new features for our clients ."
Harry Gozlan, smartTrade's CEO said, "We are thrilled to have the opportunity to serve MKS. Strategically, MKS's and smartTrade's objectives are very well-aligned. Our ability to quickly incorporate precious metals functionality into the LMS is further proof of the flexibility of smartTrade's cross-asset capabilities."
David Vincent, smartTrade CTO said, "The MKS implementation is in-line with smartTrade's wider -strategy for supporting complex client order types and price distribution in FX Products and Precious Metals. The project will complement smartTrade's plans to extend out the successful Liquidity package into price distribution, back-to-back auto hedging and a sophisticated order management system."