Equiti Capital Announces Partnership with Lucera

Equiti Capital, a subsidiary of Equiti Group, announced today that the company has deployed FX aggregator, Lucera LumeFX’s technology.

According to the official press release, the deployment of Lucera ‘s services will allow Equiti Capital to expand globally without the need to own or operate any infrastructure. The company mentioned that it can now focus on its core competencies.

Lucera is a New York-based firm wholly owned by financial services provider, BGC Partners. The company provides infrastructure and connectivity, priced on a SaaS subscription model. Additionally, the company offers a high-performance cross-asset matching, aggregation and price distribution platform as a service.

Commenting on the recent announcement, Benedict Sears, Head of Equiti Capital’s FX Desk, said: “We are very pleased to have partnered with Lucera to expand the technology we use to distribute 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 to clients. As a desk the high fill rates and aggressive pricing we provide to our electronic clients is paramount, the low latency of the co-located infrastructure provided by Lucera, coupled with the excellent liquidity management tools and analytics, helps us to this end.”

Finance Magnates reported about the appointment of Stephane Treny as a Senior FX Sales Trader at Equiti Capital in October 2020.

LumeFX Platform

Equiti Capital aims to provide customizable liquidity streams to every client through the latest deployment of Lucera’s LumeFX platform. LumeFX can be deployed in NY4, LD4, TY3, FR2 and SG1.

“Lucera’s LumeFX platform allows Equiti to provide customizable liquidity streams to every client, aiding the matching of client interests to reduce market impact, while monitoring risks, including pre-trade credit checks, to ensure business continuity even in volatility spikes without compromising our dynamic Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term,” Sears added.

"We're very pleased with our partnership with Equiti Capital. Lucera's LumeFX platform gives Equiti a new level of control of its FX operation, enabling Equiti Capital to dynamically manage every facet of how its clients interact and run their FX business with access to best-in-class FX technology,” Frank van Zegveld, MD of Business Development and Sales at Lucera, mentioned in the press release.