Foreign exchange ECN FastMatch and TradAir have partnered up to deliver a new front end for institutional ‘clicker’ traders. The companies are combining the cloud based HTML5 solution that TradAir has with the solid execution that FastMatch is offering.
We identified a significant opportunity to increase our volumes via professional ‘clicker’ traders in the market
FastMatch is already executing close to $13 billion daily via different APIs and the solution that TradAir is delivering to the market could increase that figure as ‘clicker’ traders get interested in the new front end.
Legal Risk Factor Beneath Ripple’s Lawsuit from SECGo to article >>
Commenting on the announcement, the CEO of FastMatch, Dmitri Galinov, stated: “We identified a significant opportunity to increase our volumes by providing liquidity to the professional ‘clicker’ traders in the market.”
“TradAir provides a truly market-leading, cloud based FX trading platform, with sophisticated trading analytics, and fully featured and highly customizable professional HTML5 trading UI,” FastMatch’s CEO elaborated.
The platform that TradAir provides to FastMatch is based on HTML5 technology, making it usable on different operating systems. The solution has a comprehensive admin suite with support for both user and organization on-boarding and control over the trading functionality, workflows and display components. TradAir also delivers a real-time trading analytics engine.
Commenting on the FastMatch deal, the CEO of TradAir, Illit Geller, said: “Our fully managed, end-to-end trading platform, with the highest professional level HTML5 trading UI, provides the trading functionality, performance, scale and reach required by FastMatch to service the needs of their globally distributed clients.”