13 December 2017
visit www.solutions.lexisnexis.com

R5FX selects smartTrade Technologies for emerging markets FX platform

14 July 2015  |  2794 views  |  0 Source: smartTrade Technologies

smartTrade Technologies, a global leader in multi asset end-to-end trading solutions for Banks, Brokers and Asset Managers, has been appointed to build and host the e-trading platform for R5FX, the new liquidity pool specialising in the trading of emerging market currencies.

Electronic trading in emerging markets FX (EMFX) saw an increase of 300% in the 12 months to November last year. This has fuelled the need for increased efficiency, market transparency and liquidity.

“R5FX offers both bank and non-bank venues, providing equal access to Emerging Market currencies, enabling fast and efficient trading,” said Jon Vollemaere, CEO of R5FX. “We chose smartTrade’s platform as it is industry proven, robust, flexible to match our needs, and provides us with the capacity to support future market growth,” he added.

“smartTrade’s award winning platform will enable R5FX to offer its customers increased liquidity and a broader range of emerging market related instruments, some of which were not previously available,” commented David Vincent, CEO of smartTrade Technologies. “The platform addresses the need for speed to market, HTML5 user interface customisation and will allow R5FX to quickly and seamlessly on-board new clients. smartTrade’s extensive connectivity solution compliments and enhances LiquidityCrosser, our fast, reliable and scalable matching engine that supports a variety of order types and executions,” he added.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.solutions.lexisnexis.comvisit www.atos.net

Who is commenting?

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11905 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8971 views comments | 15 tweets | 21 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
7291 views comments | 17 tweets | 35 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7176 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6996 views comments | 20 tweets | 11 linkedin

Featured job

Find your next job