21 July 2018
Visit www.avoka.com

R5FX selects smartTrade Technologies for emerging markets FX platform

14 July 2015  |  2853 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 https://secure.vasco.comVisit info.nice.comVisit iliad-solutions.com/

Who is commenting?

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
13400 views comments | 6 tweets | 8 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
11044 views comments | 9 tweets | 17 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
10014 views 19 comments | 15 tweets | 30 linkedin
IBM to test dollar-pegged 'stablecoin'IBM to test dollar-pegged 'stablecoin'
7297 views comments | 4 tweets | 14 linkedin
Bringing about new systems and faster payments globallyBringing about new systems and faster paym...
7090 views comments | 2 tweets | 7 linkedin

Featured job

Find your next job