Sucden Financial Expands eFX Reach, Becomes Principal of NTpro

Sucden Financial announced today that it has become a Principal on the BierbaumPro Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, branded as NTpro in Russia. This partnership will allow the liquidity provider to expand its electronic foreign exchange (eFX) reach.

In particular, the deal between Sucden Financial, a global multi-asset execution, clearing and 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 provider and NTpro will allow Sucden to expand its eFX reach in Europe and CIS countries.

Under the agreement, Sucden will provide the clients of BierbaumPro/NTPro with low latency access to its customisable liquidity streams. The integration was made possible via servers in LD4 and a new dedication connection to DSP data centre in Moscow.

Commenting on the partnership, Aleksei Suturin, Sucden Financial’s Moscow representative said in the statement: “Our new BierbaumPro/NTPro integration allows us to grow our presence in the CIS and Europe, providing low latency streaming within a single eco-system. The new high-speed connection will also help us develop additional credit intermediation opportunities with institutional clients, both locally and internationally.”

Sucden Financial Expands Institutional FX Offering

Sucden, which focuses on forex, fixed income and commodities, has been actively expanding its institutional forex offering. As Finance Magnates reported towards the beginning of the year, the company joined Cobalt’s post-trade technology network for its forex business. The London-based company selected Cobalt’s technology as part of its mission to continuously update and improve upon its FX offering.

“We are delighted to be working with Sucden Financial, one of the world’s leading and most innovative FX providers,” added Vyacheslav Kashigin, CEO NTPro in the statement published today.

“As a result of our cooperation, Sucden Financial will be able to offer technically advanced, efficient low latency trading services to its clients in the CIS and EU countries.”

Based in London, Sucden also has an office in Moscow and subsidiaries in Hong Kong and New York.