TradingScreen Chooses Object Trading for its Platform’s DMA Needs

Object Trading has announced that its trading infrastructure technology has been selected by TradingScreen to provide direct market access (DMA) to numerous market venues and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term providers. A provider of customizable front end trading solutions for buy-side clients, TradingScreen uses a SaaS model in offering its solution that allow clients to pick and choose trading components that the require.

According to TradingScreen, the integration with Object Trading, furthers their ability to provide trading solutions with lower technology costs, as the DMA solution is a single gateway to numerous liquidity sources. On this, aspect of the partnership, Philippe Buhannic, Co-Founder and CEO, TradingScreen, commented, “partnering with Object Trading, we offer our clients global direct market access, optimized for the demands of the highest performing front office applications, saving them the time and costs of integration. This agreement allows us to concentrate on our strengths of connecting buy-sides and sell-sides, delivering trading efficiencies, and helping customers benefit from a fully automated workflow across the transaction lifecycle.”

For Object Trading, the firm believes that the partnership with TradingScreen represents that developers of front end platforms, can benefit by focusing on the end user experience while integrating with trading infrastructure providers to handle liquidity and market data connections.

Commenting on the deal, Gerry Turner, Executive Director, Object Trading, explained “This partnership is highly complementary. TradingScreen has been seeking opportunities to optimize the resources their clients spend on connectivity without diminishing their focus on performance, product innovation, and customer service. Object Trading provides a single gateway with access to real-time normalized market data and order execution with in-line pre-trade risk constraints on more than 60 equity, derivative and FX markets globally.” Turner added “As with all our third party community relationships, we solve different end client problems most effectively by combining two purpose-built solutions, each with its own resources dedicated to its own specialized IP.”