TradAir Unveils New Upgrades to Enhance Low-latency and Execution Quality

TradAir, a leading provider of cloud-based trading technology solutions, today announced a significant upgrade to its flagship product, TradAir Version 5.0, which provides brokers with high-performance, scalable and reduced latency access to global derivatives markets.

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Built on the company’s latest technology, TradAir Version 5.0 helps firms reduce execution latency and improve efficiency through higher fill ratios, allowing them to focus on innovation in their own business.

TradAir’s technology, which can be integrated into existing trading systems, provides ‎financial institutions with the ability to enhance their client relationships and participation ‎in the global markets, creating new revenue streams and reducing costs. ‎

Besides low-latency market access, the new upgrade also introduces TradAir’s new ‘Micro Services’ based modular architecture, which significantly improves execution quality whilst provides TradAir with the ‘technical business agility’ needed to rapidly respond to evolving regulatory, market and customer requirements.

Additionally, the modular design streamlines 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 management to ensure TradAir’s customers receive highly optimized relationship based pricing from the company’s Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term. With this release, TradAir also provides users with separate sweepable and full-amount streams, as well as access to top anonymous ECNs.

These new features can all be seamlessly integrated into a firm's own systems to more competitively price their GUI and API clients, enabling them to offer a tailored, differentiated service to their own clients in the most cost-efficient manner.

Illit Geller, founder and CEO of TradAir, commented on the new upgrade: “The partnership with YapiKredi and the leadership at the bank is part of our DNA, we value the teams deep market expertise and technology leadership. Its admirable.”

“TradAir Version5 is a game changing upgrade, delivering significant improvements in performance, scalability and latency, resulting in enhanced execution performance for our customers and an outstanding trading experience for their clients. As a result of the upgrade, TradAir’s customers and their clients will remain at the forefront of trading technology developments,” he concluded.