smartTrade Technologies Announces New Components for LiquidityFX™

LiquidityFX to include order management, hedging, risk and pricing for all FX instruments

PARIS & AIX EN PROVENCE, France--(BUSINESS WIRE)--In response to strong customer demand, smartTrade Technologies is set to launch several new components for LiquidityFX, its packaged FX eCommerce system. In addition to liquidity aggregation and smart order routing, the new system will include pricing, price distribution, an order management system, hedging and risk management. The new components will be available in December 2012.

“As an asset class, FX represents tremendous potential opportunity for mid-tier and regional banks and brokerages”

“As an asset class, FX represents tremendous potential opportunity for mid-tier and regional banks and brokerages,” said smartTrade’s CEO, Harry Gozlan. “LiquidityFX will give them an end-to-end FX dealing platform. This gives regional financial institutions the ability to enter the ‘technology arms race’ and compete with the larger global banks to attract and retain more of their customers’ FX business.”

“We designed LiquidityFX to help traders improve execution while protecting relationships with liquidity partners,” says Peter Atkinson, Head of FX Product Management at smartTrade. “Now clients will be able to distribute liquidity and offer their customers access to a fully functional order book as well as support auto hedging and internalization.”

“Demand for LiquidityFX has been strong. As customers begin to use the product, they start wanting to manage the full dealing lifecycle and handle a broader range of instruments. So we’re adding support for spot, forwards, non-deliverable forwards (NDF) and precious metals,” said David Vincent, CTO of smartTrade. “Ultimately, we’ll extend these components to other asset classes like bonds, swaps, and other OTC products as part of our cross-asset liquidity management system.”

LiquidityFX is available as a hosted/managed solution, as a software package, or delivered on an appliance.

About smartTrade Technologies

smartTrade provides sophisticated liquidity management systems, enabling banks to develop multi-asset dealing platforms that aggregate liquidity from dozens of sources to create a single order book, distribute customized pricing to clients, receive and manage client order flow, internalize liquidity and/or route it to external venues while managing state throughout the order lifecycle, implement smart order routing using proprietary algorithms, and connect electronically to any number of venues regardless of messaging protocols. The system handles multiple asset classes and is in production globally supporting foreign exchange, fixed income, equities, rates, and many other instrument types.

For more information, visit www.smart-trade.net.