Sucden Financial Integrates smartTrade’s LiquidityFX Platform

Sucden Financial, a UK-based institutional FX and derivatives broker, has integrated smartTrade’s fully hosted FX solution, LiquidityFX. The new accord will help shore up Sucden’s need for connectivity to a wide range of 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 providers, as well as bolstering its aggregation, order routing, pricing and distribution capabilities.

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LiquidityFX is one of smartTrade’s flagship products that encompass several software components, designed to help FX trading services on a customized basis. The solution operates as a trading system that is compatible with FX Spot, forwards, contracts-for-difference (CFDs), and metals. Of particular note, the module will also help provide Sucden Financial with the LD4 matching engine and ECN connectivity for its non-bank prime products.

Improved Risk Coverage Features

Sucden Financial’s decision to rely on smartTrade will also yield access to the LiquidityFX credit margin module. This solution emphasizes clients who engage in large volume trades as well as those who leverage their cash position – importantly, Sucden Financial will be able to monitor and manage these clients’ 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 in real-time, improving overall coverage and mitigating any potential for broader account losses.

Wayne Roworth, Co-Head of eFX at Sucden Financial, commented: "smartTrade were well placed to provide us with the necessary tools to help us accomplish our expansion plans. Their ability to provide specific features such as an LD4 matching engine and ECN connectivity for our non-bank prime products were critical milestones for us.”

“Our consultative approach enables us to understand clients’ requirements and is key to a successful implementation and delivery. We believe that our strong experience in providing solutions for the FX brokers is a key asset in helping Sucden Financial achieve their growth objectives,” noted David Vincent, Chief Executive Officer of smartTrade Technologies.

The collaboration with smartTrade continues Sucden’s expansionary plans, which recently included a strengthening of its institutional services as part of a significant investment plan. This saw Sucden launch an over-the-counter (OTC) FX Options product last month. The introduction of this product helped fill an important role in the FX market for retail brokers who can hedge their exposure to the markets more efficiently.