smartTrade Technologies Extends FX Connectivity Solution to Gaitame.com

Presently, smartTrade Technologies, a financial software company, has extended its fully automated and hosted low latency FX connectivity platform, LiquidityFX, to the Japanese online foreign exchange (FX) trading company Gaitame.com.

The new integration will allow Gaitame.com to supply their retail clients with an improved 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 solution thanks to faster access to a larger 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 pool.

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According to David Vincent, Chief Executive Officer of smartTrade Technologies in an exclusive statement to Finance Magnates, “There is an increasing demand in Japan for solutions that can connect to multiple providers to source for deeper liquidity. With Gaitame.com, our connectivity package helps them gain low latency capabilities out of Japan. The Asian market is looking for FX solutions and smartTrade has been positioning itself over the last few years as a connectivity and aggregation platform provider in the region.”

“Currently, we have a good global coverage and we have maintained a healthy and balanced presence between Europe, the US, and Asia for quite some time. Having a local point of presence is a key factor and explains why we are chosen by a significant number of Japanese players.”

“A few years ago, as part of our strategy, we expanded our presence and connectivity into Singapore and Tokyo to respond to a growing demand from financial organizations. Today, we have a 24-7 support and quality service which is fundamental to being a trusted and reliable partner – vendors confined to one region can limit prospects for clients,” noted Mr. Vincent.

Indeed, there is a strong interest in the Japanese domesticFX market and many brokers outside Japan are in need for a comprehensive technology solution with a premium for services offered from firms such as smartTrade.

“For us, Japan is a big target, but a tough one and hard to penetrate. Having client references such as Gaitame.com or Daiwa helps us establish a greater market exposure in the country. As technology vendors today need to be very versatile, we do not just limit ourselves to FX. Nearly 15 years ago, smartTrade’s vision was to offer a truly end-to-end multi-asset solution: from connectivity and aggregation down to order management and smart routing. Incoming clients find this solution, that can be tailored for FX, Fixed income, or Equities, giving them competitive advantages by its adaptability and scalability towards future needs,” he concluded.

Earlier today, Gaitame.com released some key volumes metrics, which marked an all-time high in client assets, after experiencing a lull in recent years via a contraction in deposit amounts. Having finished 2014 with ¥104.6 billion in client assets, Gaitame.com has managed to increase deposits by over 5% so far during 2015, after only experiencing 2.8% growth for all of 2013.

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