Alpari enhances its QuantumFX platform through DealHub

Alpari which is working very hard to promote its institutional services through its Currenex platform aptly touted QuantumFX has just announced that it further enhanced this platform through DealHub.

DealHub is a leading global player in financial market software and offers a comprehensive series of multi-asset solutions covering e-trading, front, middle and back-office as well as compliance and treasury management. DealHub is used globally by most of the world’s top FX dealing banks to support low latency and high throughput e-trading, including UBS, JP Morgan, HSBC and Deutsche Bank.

DealHub's Limit Monitoring module will help Alpari's institutional clients better monitor their trading activity and in turn reduce trading risks. Alpari is working very hard to promote its institutional venture over its less successful retail offering in the US and recently hired several industry hotshots who are driving this successful effort.

DealHub (Option Computers Ltd) have been selected to provide the QuantumFX Instituitional Platform (powered by Alpari Companies) with a real-time and intuitive mechanism that will allow the monitoring of customer trading activity, limits and utilisation across QuantumFX and other integrated customer facing trading venues.

The DealHub Limit Monitoring module significantly reduces trading risk and improves the internal efficiency of monitoring customer trading activity. In addition the reporting and monitoring service offered directly to customers offers true differentiation in the competitive world of FX trading. The DealHub Limit Monitoring Module is extensible to a wide range of trading venues and offers real-time web enabled reporting to allow customers to monitor and view trading activity, margin activity and profit & loss.

The solution, which can be implemented with a fast time to market, provides detailed real-time analysis and reporting of customer dealing activity across all integrated venues via DealHub trading connectors, including real-time monitoring of PB customer credit utilisation and maintain, call and close-out limits for margin customers with deep data filtering and real-time alerts.

Leveraging the power of cutting edge technology, QuantumFX gives institutional investors a competitive edge in the global foreign exchange market. QuantumFX features a state-of-the-art platform which combines optimal 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 with multiple Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term methods.

Mark Davison, Global Head of Institutional Sales for QuantumFX commented “We are delighted to have partnered with a company with such deep market FX experience and expertise. The DealHub Margin and Limit module will provide our customers with a market leading service for the real time monitoring of their trading activity and help underpin the QuantumFX platform as the solution of choice for Institutional Investors’’.

Peter Kriskinans, Managing Director of DealHub commented “We are delighted to be working with such a dynamic company and delivering a DealHub solution to enhance the service offered to end customers. DealHub is used globally by many of the markets' most active FX trading organisations to support low latency and high throughput e-trading and we are delighted to have added QuantumFX and the Alpari Companies to that list’’.

Grab your latest copy of the Forex Magnates Retail Forex Industry Report for Q1 2011.