SBI Liquidity Market Partners with smartTrade Technologies to Aggregate FX Liquidity

Tuesday, 07/05/2013 | 12:25 GMT by Ron Finberg
SBI Liquidity Market Partners with smartTrade Technologies to Aggregate FX Liquidity
smarttrader logo

smartTrade Technologies, a provider of Risk Management and cross-asset Liquidity solutions for financial institutions, has announced that SBI Liquiidty Market, a Japanese FX technology provider has selected their LiquidityFX product. As a liquidity aggregator that includes risk and pricing management tools, SBI will be using LiquidityFX within its infrastructure of FX trading systems that it develops for clients.

SBI Liquidity Market selects smartTrade’s technology to aggregate FX liquidity globally in the quest for best execution Tokyo, Paris & Aix en Provence, May 8th, 2013 - smartTrade Technologies, an industry leader in cross-asset liquidity management software and solutions for banks, broker-dealers, asset managers, and large hedge funds, announces today that SBI Liquidity Market, a Japanese leading FX infrastructure solution and liquidity provider, has selected LiquidityFXTM, smartTrade’s FX trading system to provide the aggregation service and smart order routing to achieve best execution. SBI Liquidity Market chose smartTrade for its proven market reputation, sophisticated technology and rich experience in global market for tier-1 and tier-2 banks, brokers, asset managers and hedge funds. SBI Liquidity Market will use the aggregation and smart order routing parts of LiquidityFX. LiquidityFX drastically reduces time-to-market for rollout of sophisticated FX trading systems and helps clients to control their IT expenditure thanks to the flat price structure offered by smartTrade. Tatsuo Shigemitsu, Representative Director and President, SBI Liquidity Market said, “It was imperative for us to develop a robust FX trading system for our high volume client transactions in a short space of time. As our transaction volume has been growing much faster than expected, time was critical and smartTrade’s solution could be deployed very quickly. We have selected smartTrade’s technology also because of their proven track record among global banks and other financial institutions. ” David Vincent, Chief Executive Officer, smartTrade Technologies said: “We are very pleased to help SBI Liquidity Market introduce the next generation of FX systems very quickly. Our continued progress in Asia demonstrates our tremendous growth both in Asia and worldwide.” About SBI Liquidity Market in 2008, in order to provide secure FX liquidity, and infrastructure to financial institutions, such as security houses, or retail FX companies. SBILM has accomplished to be able to provide extremely competitive and transparent liquidity with robust operations for its clients by focusing on the interbank FX market. About smartTrade and LiquidityFX Founded in 1999, smartTrade provides sophisticated Liquidity Management Systems, enabling banks to develop multi-asset dealing platforms that aggregate liquidity from dozens of sources to create a single order book, distribute customized pricing to clients, receive and manage client order flow, internalize liquidity and/or route it to external venues regardless of messaging protocols. The system handles multiple asset classes and is in production globally supporting foreign exchange, fixed income, equities, rates, and many other instrument types. smartTrade’s proven liquidity management platform powers LiquidityFX, the FX trading system for spot FX, swaps, NDF and precious metals. With no volume-based fees, the platform gathers the functions of aggregation, smart order routing, pricing and distribution and risk management. smartTrade offers one of the deepest connectivity stacks with more than 35 providers composed of both banks and ECNs. For more information, visit www.smart-trade.net.
smarttrader logo

smartTrade Technologies, a provider of Risk Management and cross-asset Liquidity solutions for financial institutions, has announced that SBI Liquiidty Market, a Japanese FX technology provider has selected their LiquidityFX product. As a liquidity aggregator that includes risk and pricing management tools, SBI will be using LiquidityFX within its infrastructure of FX trading systems that it develops for clients.

SBI Liquidity Market selects smartTrade’s technology to aggregate FX liquidity globally in the quest for best execution Tokyo, Paris & Aix en Provence, May 8th, 2013 - smartTrade Technologies, an industry leader in cross-asset liquidity management software and solutions for banks, broker-dealers, asset managers, and large hedge funds, announces today that SBI Liquidity Market, a Japanese leading FX infrastructure solution and liquidity provider, has selected LiquidityFXTM, smartTrade’s FX trading system to provide the aggregation service and smart order routing to achieve best execution. SBI Liquidity Market chose smartTrade for its proven market reputation, sophisticated technology and rich experience in global market for tier-1 and tier-2 banks, brokers, asset managers and hedge funds. SBI Liquidity Market will use the aggregation and smart order routing parts of LiquidityFX. LiquidityFX drastically reduces time-to-market for rollout of sophisticated FX trading systems and helps clients to control their IT expenditure thanks to the flat price structure offered by smartTrade. Tatsuo Shigemitsu, Representative Director and President, SBI Liquidity Market said, “It was imperative for us to develop a robust FX trading system for our high volume client transactions in a short space of time. As our transaction volume has been growing much faster than expected, time was critical and smartTrade’s solution could be deployed very quickly. We have selected smartTrade’s technology also because of their proven track record among global banks and other financial institutions. ” David Vincent, Chief Executive Officer, smartTrade Technologies said: “We are very pleased to help SBI Liquidity Market introduce the next generation of FX systems very quickly. Our continued progress in Asia demonstrates our tremendous growth both in Asia and worldwide.” About SBI Liquidity Market in 2008, in order to provide secure FX liquidity, and infrastructure to financial institutions, such as security houses, or retail FX companies. SBILM has accomplished to be able to provide extremely competitive and transparent liquidity with robust operations for its clients by focusing on the interbank FX market. About smartTrade and LiquidityFX Founded in 1999, smartTrade provides sophisticated Liquidity Management Systems, enabling banks to develop multi-asset dealing platforms that aggregate liquidity from dozens of sources to create a single order book, distribute customized pricing to clients, receive and manage client order flow, internalize liquidity and/or route it to external venues regardless of messaging protocols. The system handles multiple asset classes and is in production globally supporting foreign exchange, fixed income, equities, rates, and many other instrument types. smartTrade’s proven liquidity management platform powers LiquidityFX, the FX trading system for spot FX, swaps, NDF and precious metals. With no volume-based fees, the platform gathers the functions of aggregation, smart order routing, pricing and distribution and risk management. smartTrade offers one of the deepest connectivity stacks with more than 35 providers composed of both banks and ECNs. For more information, visit www.smart-trade.net.
About the Author: Ron Finberg
Ron Finberg
  • 1983 Articles
  • 8 Followers
About the Author: Ron Finberg
Ron Finberg, a specialist in regulatory issues, brings clarity and depth to finance news
  • 1983 Articles
  • 8 Followers

More from the Author

Institutional FX

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}