TraderTools Adds Order Management to LightFX
Technology and 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 aggregation firm, TraderTools, has announced that they have added order management within their LightFX product. LightFX is a fully hosted aggregation services for relationship based FX pricing. The order management product allows users to enter criteria for handling customer deal flow and hedging rules. Until now, order management was available to TraderTools clients through their Order Management System (OMS) product. With the update, order management will now be available as a standard feature on the LightFX platform. The benefit for clients will be the availability to set automatic dealing rules for handling flow throughout the day, and especially during overnight hours when desks are closed or manned by smaller staffs. According to TraderTools, this is specifically important for the firm’s smaller bank customers.
TraderTools Adds Order Management to LightFX™ Next-generation hosted FX trading service now includes both order management and aggregation functionality TraderTools Inc. (TraderTools), which delivers the world’s most advanced FX trading platforms, announced today that it has added order management capabilities to complement the aggregation functionality inherent in the company’s LightFX next-generation hosted FX trading service. “Until now, our market leading Order Management System (OMS) was only available as part of a full enterprise offering. But as of today, banks will be able to take advantage of the field-proven enterprise functionality of the OMS – no matter how big or small their order business is – without any upfront costs,” said Yaacov Heidingsfeld, Chief Executive Officer at TraderTools. “This means that they can now cover the whole FX trading workflow – from customer order to market execution – using a hassle-free, fully-hosted, Software-as-a-Service (SaaS) solution.” “The newly introduced order management capabilities will allow banks to focus directly on their customer business, increasing customer flow and profit, while benefiting from the best on-demand aggregation – and resulting executions – on the market,” he added. About TraderTools TraderTools Inc. is the technology company committed to delivering the world’s most advanced FX trading platforms. Banks and brokerages across the globe use our platforms as the foundation of their FX businesses, for quicker time to market, better execution and higher profit. Our Liquidity Management Platform™ (LMP) integrates 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, pricing, white-labeling and global order management into a single, end-to-end solution. It works seamlessly across all components, providing unparalleled visibility into the entire FX workflow. With advanced built-in capabilities, like algorithmic trading and auto-hedging, LMP can also be customized to suit individual needs. Our LightFX™ next-generation hosted FX trading service, includes aggregation and order management functionality. LightFX delivers fully-disclosed, one-to-one relationship pricing at minimal cost to liquidity takers and at no cost to liquidity providers. It helps generate Alpha, reduces reliance on internal IT and can be up and running in a matter of weeks. TraderTools, Liquidity Management Platform, LightFX and the tagline "The eFXperts" are trademarks of TraderTools Inc.
Technology and 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 aggregation firm, TraderTools, has announced that they have added order management within their LightFX product. LightFX is a fully hosted aggregation services for relationship based FX pricing. The order management product allows users to enter criteria for handling customer deal flow and hedging rules. Until now, order management was available to TraderTools clients through their Order Management System (OMS) product. With the update, order management will now be available as a standard feature on the LightFX platform. The benefit for clients will be the availability to set automatic dealing rules for handling flow throughout the day, and especially during overnight hours when desks are closed or manned by smaller staffs. According to TraderTools, this is specifically important for the firm’s smaller bank customers.
TraderTools Adds Order Management to LightFX™ Next-generation hosted FX trading service now includes both order management and aggregation functionality TraderTools Inc. (TraderTools), which delivers the world’s most advanced FX trading platforms, announced today that it has added order management capabilities to complement the aggregation functionality inherent in the company’s LightFX next-generation hosted FX trading service. “Until now, our market leading Order Management System (OMS) was only available as part of a full enterprise offering. But as of today, banks will be able to take advantage of the field-proven enterprise functionality of the OMS – no matter how big or small their order business is – without any upfront costs,” said Yaacov Heidingsfeld, Chief Executive Officer at TraderTools. “This means that they can now cover the whole FX trading workflow – from customer order to market execution – using a hassle-free, fully-hosted, Software-as-a-Service (SaaS) solution.” “The newly introduced order management capabilities will allow banks to focus directly on their customer business, increasing customer flow and profit, while benefiting from the best on-demand aggregation – and resulting executions – on the market,” he added. About TraderTools TraderTools Inc. is the technology company committed to delivering the world’s most advanced FX trading platforms. Banks and brokerages across the globe use our platforms as the foundation of their FX businesses, for quicker time to market, better execution and higher profit. Our Liquidity Management Platform™ (LMP) integrates 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, pricing, white-labeling and global order management into a single, end-to-end solution. It works seamlessly across all components, providing unparalleled visibility into the entire FX workflow. With advanced built-in capabilities, like algorithmic trading and auto-hedging, LMP can also be customized to suit individual needs. Our LightFX™ next-generation hosted FX trading service, includes aggregation and order management functionality. LightFX delivers fully-disclosed, one-to-one relationship pricing at minimal cost to liquidity takers and at no cost to liquidity providers. It helps generate Alpha, reduces reliance on internal IT and can be up and running in a matter of weeks. TraderTools, Liquidity Management Platform, LightFX and the tagline "The eFXperts" are trademarks of TraderTools Inc.