TraderTools Announces Best Quarter Ever: adds 4 new customers in Q2 2010

FX trading platform provider adds 4 new customers in Q2 of 2010

TraderTools Inc. (TraderTools), which provides the only complete, integrated FX trading platform available on the market, announced today that it closed deals with four new customers during the second quarter of 2010, ended June 31.

Each of the deals involves TraderTools’ FX trading platform, the only one to integrate an FX pricing engine, FX 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 aggregation, FX order management and FX white-labelling, for increased FX revenues, reduced FX costs, improved FX spreads and access to vital information. More details on these deals may be released separately as the customers go live with the TraderTools solution.

"We’re generating excellent momentum in 2010, having closed four deals during the second quarter with global banks with money centers worldwide. We were also selected as the Best Trading Technology Vendor in 2010 by FX Week just a few weeks ago," said Yaacov Heidingsfeld, CEO of TraderTools. "These accomplishments, combined with excellent customer references, validate the acceptance and strength of our FX trading platform."

About TraderTools

TraderTools Inc. delivers the only complete, integrated, FX trading platform available on the market. Banks and brokerages use the TraderTools platform to increase FX revenues, reduce FX costs, improve FX spreads and access vital information to help run their FX businesses more efficiently and effectively.

FX desks traditionally deploy an assortment of vertical tools, developed internally or externally by different vendors. TraderTools replaces these disparate products with a single innovative platform that addresses the 4 most pressing FX challenges: an FX pricing engine, FX Liquidity Aggregation Liquidity Aggregation Aggregation or liquidity aggregation can be characterized as the process of gathering buy and sell orders from different sources and directing them to a given executing party. This is most commonly done from multiple sources to minimize the risks from using a single liquidity provider. By aggregating liquidity from multiple sources, the broker is able to increase the depth of market it offers to its clients and therefore deliver better fills on the order flow when compared to when it uses a sing Aggregation or liquidity aggregation can be characterized as the process of gathering buy and sell orders from different sources and directing them to a given executing party. This is most commonly done from multiple sources to minimize the risks from using a single liquidity provider. By aggregating liquidity from multiple sources, the broker is able to increase the depth of market it offers to its clients and therefore deliver better fills on the order flow when compared to when it uses a sing Read this Term, global FX order management and FX white-labelling. It is an end-to-end solution designed to work seamlessly across all components and provide unparalleled visibility into the entire FX workflow. The result is an optimized FX Liquidity Management Platform™ – with advanced capabilities, like algorithmic FX trading and FX auto-hedging – designed to generate profits.

The TraderTools FX trading platform is the product of more than a decade’s worth of experience with some of the world’s largest financial institutions.

TraderTools, Liquidity Management Platform, Dynamic Liquidity Manager and the tagline "The eFXperts" are trademarks of TraderTools Inc.