NEW YORK, April 17, 2013 /PRNewswire/ -- TraderTools Inc. (TraderTools), which delivers the world's most advanced FX trading platforms, announced today its integration with Traiana, the leading provider of post-trade solutions.
"TraderTools' LightFX hosted FX trading service combined with Traiana's robust, scalable and cost-effective STP solution helps streamline operations, reduce risk and capture new opportunities," said Jill Sigelbaum, Head of FX and EVP Alliances and Business Development, Traiana. "Now, TraderTools subscribers will be able to process trades in real time without the overhead and risks associated with manual re-keying."
"By integrating with Traiana, we make our next-generation FX trading platform available to the hundreds of financial institutions migrating to a cloud environment worldwide," added Yaacov Heidingsfeld, CEO of TraderTools. "As a market innovator, it is incumbent upon us to keep abreast of the latest trends and participate in initiatives that bring the FX trading community closer together."
Traiana Inc. (www.traiana.com) provides global banks, broker/dealers, buy-side firms and e-trading platforms with solutions to automate post trade processing of financial transactions. Traiana's post-trade solutions and the Harmony Network are used by over 500 of the world's leading financial market participants and have become the market standard for post-trade processing of foreign exchange, exchange traded derivative, synthetic and cash equity transactions. Traiana, an ICAP company, is headquartered in New York City with offices in Chicago, Hong Kong, London, Tel Aviv and Tokyo.
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, 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.