TraderTools Partners with Solid FX in Bid to Secure Liquidity Provisions

FX technology company and provider, TraderTools, has integrated Solid FX’s non-bank 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 capabilities, helping bolster its FX trading platform, whilst adding to a growing number of liquidity providers.

TraderTools comprehensive FX platform is utilized by a number of brokerages and banks across the world. The decision to onboard Solid FX represents a continued push to capture liquidity for its platform.

Conversely, Solid FX is a Netherlands-based multi-bank ECN whose core business has been localized in Europe. In addition to its FX trading capabilities, the company provides versatile liquidity solutions for a number of operations.

According to Marco Westerman, Head of Sales at Solid FX, in a recent statement on the onboarding, “TraderTools has best-of-breed technology and is an excellent partner for us. By providing liquidity to TraderTools’ FX trading platform, we not only increase our exposure but also gain access to their customer base around the world.”

“We are always looking for ways to enhance our relationship-based 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 solution for our customers. Adding best-of-breed liquidity providers like Solid FX is core to our strategy,” added Mark Mayerfeld, TraderTools’ EVP Sales, in an accompanying statement.