First Derivatives to offer technology to Direct FX
First Derivatives a leading provider of software and consulting services to financial markets firms will be offering its services to Direct FX an Australian FX derivatives trading broker.
Direct FX has selected FD's Delta trading technology which provides price aggregation, distribution and deal execution supporting their retail and institutional client base.
Direct FX will use FD's Delta FlowTM solution to provide 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 order execution through multiple end client trading platforms such as MT4 and FD's Margin platform, as well as extending service to API clients. Delta's Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term capabilities also allow traders direct access to real-time data to optimize the process of sourcing, controlling and distributing multiple pools of liquidity. This capability aims to allow DirectFX to target niche markets and deliver competitive advantage for institutional clients.
Commenting upon the decision to select FD, DirectFX's Director Robert Martin said: "We have chosen FD to be our primary trading technology partner. FD is a market leader in high frequency price aggregation, execution and risk management and will ensure that DirectFX has and maintains a competitive edge. Following our recent acquisition of Australian forex broker - ODL Australia and further investments in our operational infrastructure, the partnership with FD indicates our commitment to being a leader in online forex trading. Our aim is to offer solutions that are state-of-the-art, cost effective and easy to implement. We have direct access to liquidity from the top global banks which allows us to maintain our competitive edge by providing tighter spreads for our customers."
Commenting on the partnership, Brian Conlon, CEO of First Derivatives, said: "We are very pleased to partner with such a progressive company as DirectFX. We remain committed to providing innovative solutions in response to the demand for cutting-edge technology in the forex trading markets. Such an endorsement of our Delta Flow trading and risk solution is very gratifying."
Australia has positioned itself as a 'preffered' destination for brokers looking to target the large lcoal trading community and have better access to markets such as China and Indonesia.
Forexmagnates team wrote a detailed report on FX in Australia.
First Derivatives a leading provider of software and consulting services to financial markets firms will be offering its services to Direct FX an Australian FX derivatives trading broker.
Direct FX has selected FD's Delta trading technology which provides price aggregation, distribution and deal execution supporting their retail and institutional client base.
Direct FX will use FD's Delta FlowTM solution to provide 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 order execution through multiple end client trading platforms such as MT4 and FD's Margin platform, as well as extending service to API clients. Delta's Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term capabilities also allow traders direct access to real-time data to optimize the process of sourcing, controlling and distributing multiple pools of liquidity. This capability aims to allow DirectFX to target niche markets and deliver competitive advantage for institutional clients.
Commenting upon the decision to select FD, DirectFX's Director Robert Martin said: "We have chosen FD to be our primary trading technology partner. FD is a market leader in high frequency price aggregation, execution and risk management and will ensure that DirectFX has and maintains a competitive edge. Following our recent acquisition of Australian forex broker - ODL Australia and further investments in our operational infrastructure, the partnership with FD indicates our commitment to being a leader in online forex trading. Our aim is to offer solutions that are state-of-the-art, cost effective and easy to implement. We have direct access to liquidity from the top global banks which allows us to maintain our competitive edge by providing tighter spreads for our customers."
Commenting on the partnership, Brian Conlon, CEO of First Derivatives, said: "We are very pleased to partner with such a progressive company as DirectFX. We remain committed to providing innovative solutions in response to the demand for cutting-edge technology in the forex trading markets. Such an endorsement of our Delta Flow trading and risk solution is very gratifying."
Australia has positioned itself as a 'preffered' destination for brokers looking to target the large lcoal trading community and have better access to markets such as China and Indonesia.
Forexmagnates team wrote a detailed report on FX in Australia.