Edgewater Markets Launches Tailored LatAm Platform - EdgeFXLatam
- The platform offers streamed price technology for local participants in Latin America.
Edgewater Markets, a provider of foreign exchange and precious metals optimisation software, announced today that it has launched EdgeFXLatam, a platform that offers streamed price technology for local participants in Latin America.
Edgewater Markets is a provider of electronic Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term workflow management solutions. The company has adapted its proprietary technology specifically for the Latin American markets to optimise trading and expand distribution.
According to a statement released by the company, the platform integrates the local markets with the wider FX industry. Therefore, it allows banks to automate and optimise transaction flow with local clients.
Commenting on the new platform, Robert Sanchez, Head of Latam Markets for Edgewater Markets said in the statement: “We are excited to be able to offer a solution exclusively for Latin American market participants.
“The product has been designed in conjunction with our clients and local partners to fully address the unique requirements of each market, while providing the tools and distribution services needed to extend the local market capabilities into the global NDF marketplace.”
The solution has been customised for each local marketplace. It has been built to be convenient for traders, providing manual interaction with pricing and hedging strategies.
“We were able to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term the flexible architecture of our proprietary software to deliver a solution quickly and effectively, that can be further customized to adapt to each client’s unique needs, brand and workflow,” added Brian Andreyko, Edgewater’s Chief Product Officer in the statement.
“We are committed to partnering with our clients, enabling them to increase and optimize their trade flow utilizing the best technology available to transact their business.”
Edgewater Posts Uptick in Precious Metals Volumes
Today’s news follows on from Edgewater Markets recently announcing that it had recorded solid trading volumes for its precious metals product line for the first half of 2020.
As Finance Magnates reported, Edgewater Markets executed $500 million worth of spot gold and silver volumes daily in H1 of 2020. This increase was driven by the company’s expanding low latency matching engine, market-making software and front-end execution system.
Edgewater Markets, a provider of foreign exchange and precious metals optimisation software, announced today that it has launched EdgeFXLatam, a platform that offers streamed price technology for local participants in Latin America.
Edgewater Markets is a provider of electronic Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term workflow management solutions. The company has adapted its proprietary technology specifically for the Latin American markets to optimise trading and expand distribution.
According to a statement released by the company, the platform integrates the local markets with the wider FX industry. Therefore, it allows banks to automate and optimise transaction flow with local clients.
Commenting on the new platform, Robert Sanchez, Head of Latam Markets for Edgewater Markets said in the statement: “We are excited to be able to offer a solution exclusively for Latin American market participants.
“The product has been designed in conjunction with our clients and local partners to fully address the unique requirements of each market, while providing the tools and distribution services needed to extend the local market capabilities into the global NDF marketplace.”
The solution has been customised for each local marketplace. It has been built to be convenient for traders, providing manual interaction with pricing and hedging strategies.
“We were able to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term the flexible architecture of our proprietary software to deliver a solution quickly and effectively, that can be further customized to adapt to each client’s unique needs, brand and workflow,” added Brian Andreyko, Edgewater’s Chief Product Officer in the statement.
“We are committed to partnering with our clients, enabling them to increase and optimize their trade flow utilizing the best technology available to transact their business.”
Edgewater Posts Uptick in Precious Metals Volumes
Today’s news follows on from Edgewater Markets recently announcing that it had recorded solid trading volumes for its precious metals product line for the first half of 2020.
As Finance Magnates reported, Edgewater Markets executed $500 million worth of spot gold and silver volumes daily in H1 of 2020. This increase was driven by the company’s expanding low latency matching engine, market-making software and front-end execution system.