FCStone Chooses TradAir to Power Its eFX Offering to Customers
- FCStone has partnered with TradAir to deploy their eFX technology, including their front-end HTML5 trading platform and liquidity optimization solution as part of their offering to customers.
TradAir announced today that it has been selected by FCStone to power its eFX trading offering. A provider of FX 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 optimization technology and an HTML5 front-end 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, TradAir will be providing an end-to-end eFX solution to FCStone.
For TradAir, the deal continues an active period of announcements for the technology provider. Earlier in the year, the firm closed a $15 million round of funding while simultaneously announcing that it had appointed former Currenex CEO Cliff Lewis as the company’s Chairman. Lewis' arrival was viewed within in the industry as a move to assist the firm in increasing their product exposure within the FX industry, while although a newcomer, they have made a mark with their liquidity distribution technology and HTML5 front-end platform.
On the news, Illit Geller, CEO of TradAir, stated, “We are delighted to partner with INTL FCStone, a true market leader.We look forward to working with them to provide their desks and clients the flexibility of optimized pricing on a global basis, accessible across their existing infrastructure.”
Edgar Ramon, Global Head of FX at INTL FCStone, added, “The TradAir technology will help to make our trading desks more efficient, in a very short time frame, while providing the flexibility to enable us to service our clients across the infrastructure of their choosing. This will consolidate our trade flow, enabling us to optimize pricing and risk.”
TradAir announced today that it has been selected by FCStone to power its eFX trading offering. A provider of FX 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 optimization technology and an HTML5 front-end 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, TradAir will be providing an end-to-end eFX solution to FCStone.
For TradAir, the deal continues an active period of announcements for the technology provider. Earlier in the year, the firm closed a $15 million round of funding while simultaneously announcing that it had appointed former Currenex CEO Cliff Lewis as the company’s Chairman. Lewis' arrival was viewed within in the industry as a move to assist the firm in increasing their product exposure within the FX industry, while although a newcomer, they have made a mark with their liquidity distribution technology and HTML5 front-end platform.
On the news, Illit Geller, CEO of TradAir, stated, “We are delighted to partner with INTL FCStone, a true market leader.We look forward to working with them to provide their desks and clients the flexibility of optimized pricing on a global basis, accessible across their existing infrastructure.”
Edgar Ramon, Global Head of FX at INTL FCStone, added, “The TradAir technology will help to make our trading desks more efficient, in a very short time frame, while providing the flexibility to enable us to service our clients across the infrastructure of their choosing. This will consolidate our trade flow, enabling us to optimize pricing and risk.”