Quod Financial Launches FX Solution for Regional Banks and Asset Managers

Quod Financial, a provider of adaptive trading technology, has announced the launch of a foreign exchange trading and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term management platform serving regional banks and asset managers.

Quod Financial's Adaptive FX (AFX) Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term leverages MarketFactory's low-latency aggregation and connectivity to over 70 currency markets. AFX provides all the tools essential for navigating a complex and highly fragmented FX world in one single solution.

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Full-Stack eFX Solution

It is important that regional banks and asset managers can manage the rapid technology changes in FX trading. In an asset class where fees are expressed in the spread, the main objective is to manage spreads while still maintaining profitability.

AFX addresses the needs for different classes of users, providing benchmarks, transaction cost analysis, and best of class execution strategies to allow regional banks and asset managers to build and adapt trading strategies according to their specific workflows.

Ali Pichvai, CEO of Quod Financial said: "MarketFactory's FX feed handlers contain years of venue-specific IP that ensures our algos always see the best market data. Their flexible model will allow our clients to add and subtract any liquidity provider in London, Tokyo and New York, speeding time-to-market."

Real-Time Algorithmic Pricing

For institutions providing custom pools of liquidity to clients, the solution provides real-time algorithmic pricing and internal liquidity management. In addition, system wide data can be collected and reused for Quod's new generation of artificial intelligence trading algorithms.

Darren Jer, COO of MarketFactory, added: "We're excited to power Quod Financial's full-stack eFX solution to better serve customers with diverse needs. Quod's product is the result of years of R&D from many asset classes and will empower trading desks with the most modern tools to capture greater pricing and execution profit."

Finance Magnates last reported on Quod Financial earlier this year after the company teamed up with SR Labs to provide end users with an improved low-latency solution in the field of algorithmic trading and smart order routing.