TraderTools Adds Order Management to LightFX(TM)
Next-generation hosted FX trading service now includes both order management and aggregation functionality
NEW YORK, March 5, 2013 /PRNewswire/ — 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.
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(TM) (LMP) integrates liquidity aggregation, 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(TM) 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.
SOURCE TraderTools Inc.