Dutch MTF signs up Sungard's Valdi

SunGard’s Valdi Market Access service now provides access to TOM MTF, a multilateral trading facility located in Amsterdam, Netherlands, facilitating member participation on this new 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. TOM MTF offers trading in shares, derivatives and exchange-traded funds.

The Valdi Market Access service delivers connectivity to markets worldwide on a Software-as-a-Service* basis, via the SunGard Global Network. The direct market access service helps exchange members and their clients trade on electronic markets from any SGN-connected application. It is fully managed by SunGard, helping reduce infrastructure and support costs.

Willem Meijer, chief executive officer of TOM MTF, said, “In the rapidly changing landscape of stock and derivatives exchanges, TOM MTF offers trading in Dutch, Belgian and French equities and trading in single stock options. We are looking at expanding, and SunGard’s latest initiative will facilitate access to TOM MTF, by providing electronic trading solutions and global connectivity to market participants.”

Philippe Carré, global head of connectivity for SunGard’s capital markets business, said, “The emergence of new trading platforms such as TOM MTF continues to drive market fragmentation in Europe; Valdi and SGN help trading firms connect to new trading venues, while keeping a firm grip on their total cost of operation. Our customers will now be able to incorporate TOM MTF’s growing 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 pool into their smart routing strategies.”