NEW YORK, Nov. 6, 2013 /PRNewswire/ -- Forexware, a leader in forex trading technology, announced today it is partnering with Tradenext, an Indian-owned, London-based forex broker, to provide technology and liquidity solutions for Tradenext's retail forex platforms.
"This partnership will allow Forexware to have a greater global presence in the trading technology industry," said Shawn Dilkes, Managing Director at Forexware. "Tradenext is a thriving company, and we're excited to be a part of its continued growth."
According to the agreement, Forexware and its affiliate Forexware Markets will provide Tradenext with a full dealing desk solution that includes a Tier-1 liquidity stream, price aggregator, price engine, risk monitor, dealing monitor and MT4 Bridge, as well as back office and reporting tools. The Forexware Suite will also allow Tradenext to provide full API connectivity to their clients and use of the XW Trader front end, white label platform.
Tradenext is a global provider of online forex and trading services. The company offers access to a variety of financial markets, including currencies, commodities and indices. It was founded in 2010 and has quickly established a strong presence in the industry.
"We reviewed several technology companies, and chose Forexware because of their approach to client service," said Jason Gibson, Head of Trading and Sales at Tradenext. "Forexware understood our needs, and offered solutions that would help us take our business to the next level."
Forexware is a U.S. based software development company specializing in B2B trading applications and FX enterprise solutions. Forexware provides entry-level software products through its FXStarterKit™ package tailored to startup retail brokers or IBs making the transition to become a broker. The firm's TotalBrokerSolution™ is a customizable, enterprise-level product for established brokers in need of enhanced infrastructure technology, advanced dealing desk software, better liquidity streams, or fully branded white label platforms to offer their clients. The scalable solutions provide easy-to-use applications geared towards growing clients' FX business as efficiently and effectively as possible. Forexware Markets is an Australian based, ASIC registered liquidity provider that streams prices from over 15 tier-1 banks and non-banks.
Tradenext is an Indian-owned firm that has built a strong hold in the global trading and forex markets. The firm has been nurtured on the four pillars of Integrity, Trust, Excellence and Customer First attitude – all essential for a business with core focus on Finance and Investments. Tradenext is authorised and regulated by the Financial Conduct Authority (FCA) registration number 573464. www.tradenextglobal.com