TradAir, a provider of FX technology for banks and venues to price and redistribute liquidity, has announced that SolidFX has connected their ECN to TradAir’s network. As per the partnership, TradAir customers will have access to liquidity to the SolidFX platform.
For SolidFX, the deal is similar to their partnership they closed with TraderTools in November to connect their liquidity to TraderTools technology. For TradAir, like the TraderTools deal, the connection to SolidFX offers ECN driven liquidity for TradAir’s clients. Bank and broker customers of TradAir can then elect to redistribute this liquidity directly to their customers while adding a spread/commission markup, or use the SolidFX pricing to hedge their internal market making risk.
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Frank van Zegveld, Head of Business Development for Solid FX commented on the partnership that “We are pleased to offer our clients access to our liquidity utilizing TradAir’s superior technology. With TradAir, we are able to maintain direct relationships with our clients, offering them custom liquidity to meet their needs. TradAir is a great partner for us, enabling unique solutions for our clients.”
Brian Andreyko, Head of Strategy and Corporate Development at TradAir added “We are excited to be working with Solid FX to offer their clients and our’s access to their unique liquidity. Solid FX specialization in price making makes them an ideal partner, ensure clients have low latency access over our highly available global network.”