Integral Development Corp, a provider of FX trading solutions and services, announced the launch of FX Inside Currency Triplets™, the most advanced view of FX markets yet. The idea behind it is simple. If a trader enters an order that is too cautious compared to the overall market sentiment, FX Inside Currency Triplets™ automatically introduces a third more volatile currency to the equation to ensure that the trader doesn’t lose out on a potential win just because of his or her own lack of knowledge or bravery. In the same way, if a trader enters an order into FX Grid® that is deemed too risky by the highly-skilled algorithms, then the third currency is a safe choice, introduced to bring down the overall risk exposure. The algorithm’s capabilities are similar to what Amazon uses when recommending books based on previous purchases.
After several months of system-wide testing, the algorithm got tweaked to the point that it is now deemed ready for broader market adoption. Innovation continues at Integral with the user interface being the next focus. Integral is already working on finding ways to integrate FX Inside Currency Triplets with Google’s wearable computer with a head-mounted display, the ‘Google Glass Project’ (www.google.com/glass/start/what-it-does/).
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“Everyone has been in a situation where in hindsight, one could have made a better choice,” said Harpal Sandhu, CEO, Integral Development Corp. “We used our technology to create a secret benchmark that provides real-time feedback on trade decisions as they happen, dramatically increasing an individual trader’s capacity to do the right thing.”
One early adopter of Triplet Trading has been Le Premier Avril Alternative Investment Fund based in Geneva, Switzerland. Explained Hugh J. Balls, its head of FX Execution: “At first, we were skeptical but now we fully embrace the “Triplets” because it gives my traders an additional chance to make money. Another big plus for us is that we see little risk that currency triplets will be regulated any time soon. Whether you’re looking at Dodd-Frank, EMIR or SEF requirements— they all fall short of extending into this area.”