Award-winning trading platform tradable has agreed a strategic partnership First Derivatives, a leading provider of software and consulting services to the capital markets industry.
The new alliance will enable brokers to use the liquidity management and reporting tools of First Derivatives' Delta Suite product through the platform.
First Derivatives will also be able to extend its platform offering to their customers with tradable.
Voted last year the most innovative financial product at the ForexMagnates Summit in London, tradable allows traders to create a completely customised online platform using third party developed apps to fully define their trading experience.
The tradable environment, with its innovative 'app-store' model, has generated much interest and excitement amongst the retail trading community. First Derivatives is aware of the growing broker interest in the tradable platform and as such aims to facilitate access for its brokers and liquidity providers via its network.
Christian Frahm, Chairman of tradable, said: "Tradable is a technology neutral front-end application and as such is very pleased to announce this strategic relationship with First Derivatives. This combination of a state-of-the-art liquidity management environment from First Derivatives coupled with a ground breaking and innovative open-source front-end trading platform is a compelling offering for brokers and their customers."
John Beckert, MD e-Trading & Risk Management Solutions First Derivatives, said: "First Derivatives can see the enormous potential of the tradable environment as the next generation of trading platform for the retail community. We are aware of a considerable amount of interest from brokers in adopting tradable for their clients. Our state of the art liquidity management infrastructure combined with the tradable front-end environment is a win-win for all concerned."