Broadway Technology Adds XTX Markets to its Global Liquidity Network
- XTX Markets has joined Broadway Technology as a liquidity provider in foreign exchange.
Broadway Technology, a US based technology and software provider to banks, brokerages and hedge funds, announced today that it has added XTX Markets to its global 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 network.
We are pleased to add XTX to our global liquidity network.
Commenting on its latest collaboration, Jonathan Fieldman, Broadway’s Chief Operating Officer said: “As the liquidity landscape evolves in FX it is important to be able to provide our clients with increased connectivity options to support their business. We are pleased to add XTX to our global liquidity network”.
XTX Markets is an electronic market maker company that delivers liquidity for foreign exchange, commodities, derivatives and equity markets already present on 22 ECNs and exchanges.
The company which helps market participants across the world obtain the best prices in the various assets classes covered amid changing market conditions, jumped into the top 3 spot FX electronic Market Makers Market Makers Market makers or called dealing desk brokers represent a type of broker that internalize flows and are taking the opposite side of a transaction submitted by their clients. The market making broker is only quoting a feed of prices to its clients. These feeds may or may not be the exact same as the prices quoted on the interbank market.Any order a client enters is processed internally and never goes out to the market, except in rare cases where a market making brokerage identifies a client as a v Market makers or called dealing desk brokers represent a type of broker that internalize flows and are taking the opposite side of a transaction submitted by their clients. The market making broker is only quoting a feed of prices to its clients. These feeds may or may not be the exact same as the prices quoted on the interbank market.Any order a client enters is processed internally and never goes out to the market, except in rare cases where a market making brokerage identifies a client as a v Read this Term in this year’s Euromoney survey and top 10 in overall market share.
Jeremy Smart, Global Head of Sales at XTX Markets, added: “Broadway Technology is an established vendor of choice for many top tier counterparties and will be an important distribution channel for our liquidity as we continue to grow our business.”
Broadway Technology, a US based technology and software provider to banks, brokerages and hedge funds, announced today that it has added XTX Markets to its global 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 network.
We are pleased to add XTX to our global liquidity network.
Commenting on its latest collaboration, Jonathan Fieldman, Broadway’s Chief Operating Officer said: “As the liquidity landscape evolves in FX it is important to be able to provide our clients with increased connectivity options to support their business. We are pleased to add XTX to our global liquidity network”.
XTX Markets is an electronic market maker company that delivers liquidity for foreign exchange, commodities, derivatives and equity markets already present on 22 ECNs and exchanges.
The company which helps market participants across the world obtain the best prices in the various assets classes covered amid changing market conditions, jumped into the top 3 spot FX electronic Market Makers Market Makers Market makers or called dealing desk brokers represent a type of broker that internalize flows and are taking the opposite side of a transaction submitted by their clients. The market making broker is only quoting a feed of prices to its clients. These feeds may or may not be the exact same as the prices quoted on the interbank market.Any order a client enters is processed internally and never goes out to the market, except in rare cases where a market making brokerage identifies a client as a v Market makers or called dealing desk brokers represent a type of broker that internalize flows and are taking the opposite side of a transaction submitted by their clients. The market making broker is only quoting a feed of prices to its clients. These feeds may or may not be the exact same as the prices quoted on the interbank market.Any order a client enters is processed internally and never goes out to the market, except in rare cases where a market making brokerage identifies a client as a v Read this Term in this year’s Euromoney survey and top 10 in overall market share.
Jeremy Smart, Global Head of Sales at XTX Markets, added: “Broadway Technology is an established vendor of choice for many top tier counterparties and will be an important distribution channel for our liquidity as we continue to grow our business.”