17 October 2017
visit www.response.ncr.com

Sucden Financial goes live with smartTrade Technologies’ FX platform

20 June 2017  |  1568 views  |  0 Source: smartTrade Technologies

smartTrade Technologies, a multi-asset electronic trading solutions pioneer, announced today that Sucden Financial, a leading London based institutional FX and derivatives broker, has implemented LiquidityFX, smartTrade’s fully hosted FX solution.

Sucden Financial acts as an FX liquidity provider to a wide variety of clients, including retail brokers, banks and hedge funds throughout the world. Their challenge was to find an experienced and proven technology provider with an in-depth understanding of their ambitions within e-FX and its technicalities. Achieving a quick time to market was another prerequisite which required a provider with out-of-the-box connectivity to tier-one banks, non-bank market makers, prime brokers and ECNS.

Sucden Financial selected smartTrade Technologies for their capacity to deliver a sophisticated and complete solution within a challenging timeframe. smartTrade's LiquidityFX solution covers their needs for connectivity to multiple liquidity providers, aggregation, order routing, pricing and distribution as well as a fully integrated order management system. smartTrade is also providing Sucden Financial with its LiquidityFX credit margin module, which allows their end clients to trade larger amounts and leverage their cash margin while enabling Sucden Financial to monitor and manage their risk coverage in real time.

“SmartTrade were well placed to provide us with the necessary tools to help us accomplish our expansion plans.” commented Wayne Roworth, co-Head of eFX, at Sucden Financial. “Their ability to provide specific features such as an LD4 matching engine and ECN connectivity for our non-bank prime products were critical milestones for us,” he added.

“Our consultative approach enables us to understand clients’ requirements and is key to a successful implementation and delivery.” commented David Vincent, Chief Executive Officer of smartTrade Technologies. He added; “We believe that our strong experience in providing solutions for the FX brokers is a key asset in helping Sucden Financial achieve their growth objectives.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.temenos.com Register now

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
14679 views comments | 12 tweets | 3 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8089 views comments | 15 tweets | 21 linkedin
Ripple blockchain network hits 100-member markRipple blockchain network hits 100-member...
7704 views comments | 13 tweets | 13 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7312 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
6571 views comments | 13 tweets | 6 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job