Liquidité, Egalité, Fraternité - Kepler Capital Markets Selects smartTrade LMS For Inflation Hybrid Platform
- smartTrade has announced today that it is to provide a scheduled on-demand auction system available exclusively to market makers in supplying its Liquidity Management System to French firm Kepler Capital Markets.

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 system provider smartTrade Technologies announced today that the company has entered a strategic alliance with interdealer broker Kepler Capital Markets, a division of French multinational financial services company Kepler Devreaux.
smartTrade’s Liquidity Management System (LMS) will be implemented in order to handle Kepler Capital Markets’ hybrid auction platform for inflation products, representing a second commercial agreement within less than a month following smartTrade’s entry into Korea by supplying LMS to software company Koscom in May.
From smartTrade’s perspective, the company’s LiquidityCrosser component enables Kepler Capital Markets to offer an electronic platform to support its auction system, for both regularly scheduled and on-demand auctions. Moreover, users are provided with a custom interface developed from the ground using smartTrade’s HTML5 development framework.
Joseph Cusanno, Head of Fixed Income IDB at Kepler Capital Markets, issued a corporate statement concerning the merits of the strategic alliance: “We had very positive feedback from smartTrade’s LMS in place for equities crossing at Kepler Cheuvreux, which left us in no doubt that smartTrade could deliver this electronic auction platform quickly. smartTrade supports the multi-class flexibility to the platform and allows us to create innovative auction protocols ourselves. This module is an important addition to our services and smartTrade integrates seamlessly into our 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 platform.”
David Vincent, smartTrade's Chief Executive Officer and CTO published his view: “smartTrade is happy to support this multi-asset platform by bringing our expertise in crossing and trading protocol technology. We are looking forward to the introduction of new products on the platform by Kepler Capital Markets.”
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 system provider smartTrade Technologies announced today that the company has entered a strategic alliance with interdealer broker Kepler Capital Markets, a division of French multinational financial services company Kepler Devreaux.
smartTrade’s Liquidity Management System (LMS) will be implemented in order to handle Kepler Capital Markets’ hybrid auction platform for inflation products, representing a second commercial agreement within less than a month following smartTrade’s entry into Korea by supplying LMS to software company Koscom in May.
From smartTrade’s perspective, the company’s LiquidityCrosser component enables Kepler Capital Markets to offer an electronic platform to support its auction system, for both regularly scheduled and on-demand auctions. Moreover, users are provided with a custom interface developed from the ground using smartTrade’s HTML5 development framework.
Joseph Cusanno, Head of Fixed Income IDB at Kepler Capital Markets, issued a corporate statement concerning the merits of the strategic alliance: “We had very positive feedback from smartTrade’s LMS in place for equities crossing at Kepler Cheuvreux, which left us in no doubt that smartTrade could deliver this electronic auction platform quickly. smartTrade supports the multi-class flexibility to the platform and allows us to create innovative auction protocols ourselves. This module is an important addition to our services and smartTrade integrates seamlessly into our 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 platform.”
David Vincent, smartTrade's Chief Executive Officer and CTO published his view: “smartTrade is happy to support this multi-asset platform by bringing our expertise in crossing and trading protocol technology. We are looking forward to the introduction of new products on the platform by Kepler Capital Markets.”