SmartTrade Technologies, a multi-asset electronic trading solutions pioneer, announces the addition of Crypto currencies to its award-winning FX Trading Platform, LiquidityFX (LFX).
FX Trading Platform
LiquidityFX (LFX) platform includes connectivity to the major cryptocurrency exchanges and clients can leverage the sophisticated LFX aggregation system to obtain a normalized view of the cryptocurrency liquidity, to place orders and manage algorithms with Smart Order Routing (SOR) logic in a transparent manner.
For the past 19 years, smartTrade has successfully been the technology partner of several financial services institutions and has disrupted the market with a transparent and cost-effective business model while not charging any volume-based commissions and has no ambitions to provide brokerage services, dark pools or any other exchange-like services for cryptocurrencies.
CEO of smartTrade Technologies, David Vincent, in 2017 discussion were mainly related to Bitcoin, they now start to see an increasing interest from institutions to be able to trade multiple cryptocurrencies. Therefore, they decided to explore and invest in connectivity to various Crypto Exchanges, providing their customers with electronic trading access to hundreds of different cryptocurrencies.
smartTrade Technologies provides agile end-to-end trading solutions supporting Foreign Exchange, Fixed Income, Equities and Derivatives asset classes with connectivity to over 100 liquidity providers, aggregation, smart order routing, order management, pricing, distribution, risk management capabilities and a HTML5 user interface. They work with a variety of clients ranging from banks, brokers and hedge funds to proprietary trading desks. LiquidityFX for FX and smartFI for Fixed Income, are solutions available as software only or as a fully managed and hosted service, colocated in all the main market places globally.