FXone Launches Joint Product Offering With Spotex for Buy, Sell-Side Clients
- Spotex will assimilate FXone’s enterprise software applications, including GUI and Order Management System (OMS) into its existing marketplace
Seabury Financial Solutions LLC (FXone), a subsidiary of Seabury Group LLC and a provider of FX 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 solutions, has launched a partnership with FX ECN, Spotex, according to a Seabury statement.
The two entities will join forces to undergo a joint product offering – the offering will cater to both buy and sell-side participants in the foreign exchange (FX) realm. Furthermore, the joint offering will help FXone and Spotex optimize their respective aggregation and matching capabilities, whilst expanding the companies’ overall client base.
More specifically, Spotex will assimilate FXone’s enterprise software applications, including GUI and Order Management System (OMS) into its existing market place. At the same time, FXone will also garner access to Spotex’s liquidity pool and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term capabilities across several asset classes, including FX and precious metals, among others.
According to FXone Chief Executive Officer (CEO) Margaret L. Chan, in a recent statement on the offering: “We’re very excited to be working with Spotex to deliver an end-to-end FX trading and white label solution combined with an execution capability that spans the globe.”
“Our companies’ offering will benefit Buy & Sell Side clients and retail brokers looking for better liquidity and a sophisticated white label product with a functional GUI with programmable interface and very flexible order types,” she added.
“Together FXone and Spotex offer a complete end-to-end solution for clients looking to use spreadsheet trading functionality and execute flexible order types on a central limit order book with world-class liquidity,” noted Ritesh Agrawal, Spotex Chief Executive Officer.
Seabury Financial Solutions LLC (FXone), a subsidiary of Seabury Group LLC and a provider of FX 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 solutions, has launched a partnership with FX ECN, Spotex, according to a Seabury statement.
The two entities will join forces to undergo a joint product offering – the offering will cater to both buy and sell-side participants in the foreign exchange (FX) realm. Furthermore, the joint offering will help FXone and Spotex optimize their respective aggregation and matching capabilities, whilst expanding the companies’ overall client base.
More specifically, Spotex will assimilate FXone’s enterprise software applications, including GUI and Order Management System (OMS) into its existing market place. At the same time, FXone will also garner access to Spotex’s liquidity pool and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term capabilities across several asset classes, including FX and precious metals, among others.
According to FXone Chief Executive Officer (CEO) Margaret L. Chan, in a recent statement on the offering: “We’re very excited to be working with Spotex to deliver an end-to-end FX trading and white label solution combined with an execution capability that spans the globe.”
“Our companies’ offering will benefit Buy & Sell Side clients and retail brokers looking for better liquidity and a sophisticated white label product with a functional GUI with programmable interface and very flexible order types,” she added.
“Together FXone and Spotex offer a complete end-to-end solution for clients looking to use spreadsheet trading functionality and execute flexible order types on a central limit order book with world-class liquidity,” noted Ritesh Agrawal, Spotex Chief Executive Officer.