TradAir Opens New Office in Singapore to Tap Into Growing FX Market

TradAir, a provider of foreign exchange (FX) front office HTML5 trading optimization solutions and services, has expanded its operations to Singapore, culminating in the opening of a new office, according to a TradAir statement.

The new office in Singapore aims to tap into one of the largest FX nexuses in the world, behind London and New York. Indeed, FX volumes have steadfastly approached upwards of $380 billion on a daily basis, highlighting the significance of the location.

In particular, TradAir will deploy its servers in Singapore with the aim of supporting a growing list of clients in the region.

According to Ayal Jedeikin, Co-Founder and Chief Operating Officer (COO) of TradAir in a recent statement on the expansion: “TradAir provides a high performance, always available global eFX web 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, hosted in the cloud using Amazon Web Services (AWS). By deploying servers locally in Singapore, we are greatly improving the quality, robustness and competitiveness of our service, and the quality of 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 that our clients in the region can offer to their customers.”

“It’s strategically important to TradAir that we provide superior customer support to our growing list of clients. We are committed to the region and are excited for the new year of growth," added Rob Wing, Head of Sales at TradAir, in an accompanying statement.

Late last month, TradAir made headlines after it brought in Paul Blank as its Vice President of Marketing, as reported by Finance Magnates. He joined the group after serving as the Director of e-Trading Solutions and Partner Manager at Caplin Systems, having held the position for nearly eight years up until this past June.