CMC Markets Integrates smartTrade’s LiquidityFX Solution And Cloud-Based Service

Cross-asset solutions 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 smartTrade Technologies has announced the integration of its LiquidityFX aggregation and order routing services by industry mainstay CMC Markets, according to a recent smartTrade statement.

smartTrade Broker Fee Model Draws Interest From CMC Markets

smartTrade Technologies provides a series of unique services and solutions for brokers and clients globally, along with a cloud-based service and advantageous brokerage fee model – a primary draw for CMC Markets. Conversely, CMC Markets has established itself as an industry stalwart across forex, CFDs, and spread betting throughout numerous regional locales.

According to David Vincent, Chief Executive Officer of smartTrade Technologies in an interview with Forex Magnates, “smartTrade solutions provides quality as well as advantages such as a uniquely geared business and latency specific to our technology. It is the model that, like CMC Markets, a lot of people choose, though unlike other options we do not charge volume based fees. smartTrade only charges a service or license fee – after this, it’s all independent. We are not charging Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on Read this Term and our clients, like CMC Markets, are keeping a direct relationship with them.”

Furthermore, “we have over 15 years of building solutions, engines, and increasing performance, creating the foundation for liquidity across forex clients. Lots of clients want the benefits of very good technology throughout the entire execution chain. smartTrade can be competitive and totally transparent and we provide this service for our clients across all global hubs, including New York, London and Tokyo,” added Vincent during the interview.

LiquidityFX And Aggregation Needs Among The Benefits Of smartTrade’s Solutions

The decision by CMC Markets to go with smartTrade Technologies centers on the forex solutions suite offered by smartTrade called LiquidityFX, which dramatically reduces time-to-market constraints, thereby providing a sophisticated FX trading system. In addition to aggregation and smart order routing, smartTrade Technologies helps satisfy a variety of execution needs, including price distribution and order- management capabilities. This wide range of services will ultimately yield latent benefits for CMC Markets, which gains direct market access to selected Liquidity Providers and ECNs.

According to Greg Niebank, Group Head of Product at CMC Markets in a recent statement on the partnership, “we have seen tighter spreads and improved fill ratios thanks to the no brokerage fee model offered by smartTrade and the benefit of being cross-connected to our liquidity providers. Additionally, the smartTrade solution has significantly simplified our infrastructure, allowing us to respond to changes in the market environment much more quickly.”

“smartTrade is a pioneer in transparent technology with volume agnostic fees and a wide range of innovative functionality to offer both traders and their clients alike. We are very pleased to support CMC Markets in growing their FX and precious metals trading activity by using our best of breed technology. Our easy-to-use trading front-ends and APIs allowed them to be up and running in weeks, giving CMC Markets an important step ahead in the FX market. We look forward to accompanying CMC Markets in its growth,” added Vincent in a recent statement on the integration.