Swiss Lender Lombard Odier Integrates smartTrade’s LiquidityFX

smartTrade announced on Thursday that Lombard Odier, a 225-year old Swiss lender, has integrated its fully-hosted FX solution, LiquidityFX. With this, the bank is enhancing its FX trading services to its clients.

The centuries-old bank is offering a comprehensive set of tailored FX trading functionalities for its clients by the integration of the trading services solution into its wealth management platform, G2. The targeted client base of the bank is private investors, institutions and third-party platforms.

Commenting on the integration, Bank Lombard Odier’s CIO, Stéphane Monier, said: “We are constantly expanding our offering to ensure that our clients can take advantage of a wide range of investment opportunities and enjoy superior investor experience. FX markets offer a growing number of sophisticated trading instruments that we want to make available to our clients in an easy and cost-efficient way.”

Satisfying the Need for 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

smartTrade launched LiquidityFX in 2012 to help companies with FX liquidity management by aggregation and smart order routing. The solution turned out to be a hit as many major companies tapped the services to enhance their FX offerings.

The electronic trading solutions provider even broadened its scope by adding major cryptocurrency liquidities to its FX 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.

“LiquidityFX is the perfect fit for Lombard Odier,” smartTrade’s CEO, David Vincent, added.

“It’s a mature solution enriching their existing offering, which made integration into their innovative technology platform easy and fast. Liquidity FX’s rich functionality will enable Lombard Odier to further expand its FX trading business in line with its growth strategy whilst offering an improved service to both its wealthy and institutional clients. We are very pleased that Lombard Odier has chosen LiquidityFX, and we look forward to a long and fruitful relationship.”