Gleneagle Securities Partners With Integral to Enhance Liquidity and Analysis
- Customers of Global Prime can now receive detailed Transaction Cost Analysis for their trades and also have the ability to customize the mixture of liquidity providers that they receive feeds from.
Gleneagle Securities, an Australian financial services firm, and Integral Development Corp., a Palo Alto based technology provider and FX aggregator, have announced today that they have partnered to implement Integral's service meant to enrich the customer experience on Gleneagle’s margin FX platform, Global Prime.
Based on this new service, customers of Global Prime can now receive detailed Transaction Cost Analysis (TCA) for their trades. They also have the ability to customize the mix of 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 providers that they receive through Global Prime to better fit their business. Integral claims this level of trade analysis and control goes far beyond what other margin FX technologies are able to offer.
Gleneagle brokerage stated in the announcement it benefits from the fact that Liquidity Aggregation Liquidity Aggregation Aggregation or liquidity aggregation can be characterized as the process of gathering buy and sell orders from different sources and directing them to a given executing party. This is most commonly done from multiple sources to minimize the risks from using a single liquidity provider. By aggregating liquidity from multiple sources, the broker is able to increase the depth of market it offers to its clients and therefore deliver better fills on the order flow when compared to when it uses a sing Aggregation or liquidity aggregation can be characterized as the process of gathering buy and sell orders from different sources and directing them to a given executing party. This is most commonly done from multiple sources to minimize the risks from using a single liquidity provider. By aggregating liquidity from multiple sources, the broker is able to increase the depth of market it offers to its clients and therefore deliver better fills on the order flow when compared to when it uses a sing Read this Term, an execution management system and connectivity are delivered as a one-stop service. This includes hardware solutions and support from Integral's FX business specialists. Since everything is delivered as a cloud service, fundamental changes should happen quickly and according to the technology provider, without any upfront costs for the broker.
“We are committed to upholding the highest standards of transparency and integrity throughout our organization. The built-in analytics of Integral’s solution, which we have the means to control, are second to none,” said Elan Bension, Head of FX, Gleneagle Securities. “Our customers can rest assured that they will get direct market access to the interbank market and best execution when trusting us with their business. And, we have access to the data that backs it up.”
“We value our longstanding relationship with Gleneagle and are pleased to build on our existing partnership by providing them with the tools to better serve their customers in an increasingly competitive marketplace,” said Harpal Sandhu, CEO, Integral Development Corp. “We are proud to say that our cloud-based services are flexible enough to meet the different needs of their diverse customer base with tailored offerings, while still allowing Gleneagle to implement a single solution as the base for all of their FX business. This ‘mass customization’ is something customers cherish, and from the initial feedback, we already know that they are delighted.”
Since all of Integral’s offerings are services delivered in the cloud, this additional functionality was implemented in a matter of weeks in close cooperation with Alex Neo, Business Development Manager, and Jeremy Kinstlinger, Relationship Manager, both at Global Prime.
Gleneagle Securities, an Australian financial services firm, and Integral Development Corp., a Palo Alto based technology provider and FX aggregator, have announced today that they have partnered to implement Integral's service meant to enrich the customer experience on Gleneagle’s margin FX platform, Global Prime.
Based on this new service, customers of Global Prime can now receive detailed Transaction Cost Analysis (TCA) for their trades. They also have the ability to customize the mix of 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 providers that they receive through Global Prime to better fit their business. Integral claims this level of trade analysis and control goes far beyond what other margin FX technologies are able to offer.
Gleneagle brokerage stated in the announcement it benefits from the fact that Liquidity Aggregation Liquidity Aggregation Aggregation or liquidity aggregation can be characterized as the process of gathering buy and sell orders from different sources and directing them to a given executing party. This is most commonly done from multiple sources to minimize the risks from using a single liquidity provider. By aggregating liquidity from multiple sources, the broker is able to increase the depth of market it offers to its clients and therefore deliver better fills on the order flow when compared to when it uses a sing Aggregation or liquidity aggregation can be characterized as the process of gathering buy and sell orders from different sources and directing them to a given executing party. This is most commonly done from multiple sources to minimize the risks from using a single liquidity provider. By aggregating liquidity from multiple sources, the broker is able to increase the depth of market it offers to its clients and therefore deliver better fills on the order flow when compared to when it uses a sing Read this Term, an execution management system and connectivity are delivered as a one-stop service. This includes hardware solutions and support from Integral's FX business specialists. Since everything is delivered as a cloud service, fundamental changes should happen quickly and according to the technology provider, without any upfront costs for the broker.
“We are committed to upholding the highest standards of transparency and integrity throughout our organization. The built-in analytics of Integral’s solution, which we have the means to control, are second to none,” said Elan Bension, Head of FX, Gleneagle Securities. “Our customers can rest assured that they will get direct market access to the interbank market and best execution when trusting us with their business. And, we have access to the data that backs it up.”
“We value our longstanding relationship with Gleneagle and are pleased to build on our existing partnership by providing them with the tools to better serve their customers in an increasingly competitive marketplace,” said Harpal Sandhu, CEO, Integral Development Corp. “We are proud to say that our cloud-based services are flexible enough to meet the different needs of their diverse customer base with tailored offerings, while still allowing Gleneagle to implement a single solution as the base for all of their FX business. This ‘mass customization’ is something customers cherish, and from the initial feedback, we already know that they are delighted.”
Since all of Integral’s offerings are services delivered in the cloud, this additional functionality was implemented in a matter of weeks in close cooperation with Alex Neo, Business Development Manager, and Jeremy Kinstlinger, Relationship Manager, both at Global Prime.