Commerzbank launches improved FX trading platform

Germany's second largest bank has unveiled it's new and improved 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. The platform named Commander is a step up from the renowned Click & Trade FX, with enhanced functionality - Commerz Bank is keen to compete with the top 10 FX banks who seem to be taking charge of the main market share in volumes.

The revitalised technology comes with a brand new FX structuring platform, Kristall; an expanded product range; and improved userability, with multimedia support, real time event news, tutorials, opinions and research.

The battle of the single dealer platforms against the multi bank portals has always been around 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 and usability. The banks were slow to respond to the likes of Currenex, Hotspot and FXall however bank platform offer services beyond trade execution and research.

Commerzbank recently teamed up with smartTrade FX to take advantage of smartTrade's Liquidity Management System.

Forexmagnates tea had a detailed look at institutional trade volumes and platforms in the latest quarterly report.