TradingScreen’s BidFX Integrates Orchestrade’s Management and Risk System

BidFX, TradingScreen’s FX Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term Management System (EMS) platform, has partnered with Orchestrade Financial Systems to modernize its technology backbone for trading operations.

BidFX has integrated Orchestrade's core portfolio management and risk system which allows the newly spun-off platform to benefit from robust firm-wide controls and processes, as well as improved efficiency throughout its operations. In addition, the solution provides BidFX with a real-time view of risk along with one centralized hub for all portfolio management and compliance activities.

Orchestrade delivers a rapidly deployed cross-asset solution for all sales, trading, risk, and functions. As a result, asset managers can now benefit from combining their respective expertise and products in the order and execution management system space.

Specifically, the integration secures a seamless communication and connectivity between BidFX's Execution Management System (EMS) and Orchestrade's Portfolio Management Service (PMS).

After five years operating as a division of TradingScreen, BidFX has emerged in 2017 as a standalone business focused on delivering a workflow solution for FX. The solution allows FX traders to access a neutral FX EMS that can source 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 and deliver on best execution requirements all from the same screen or API.

TradingScreen Inc, (TS) a provider of multi-asset electronic trading solutions, has announced a number of technology partnerships over the last 12 months.

Commenting on the partnership, Jean-Philippe Male, BidFX’s CEO, said: "We are very happy to announce our strategic integration with Orchestrade, one of the leading cross-asset portfolio management platforms in the marketplace today. At BidFX we are continually driven by our clients' needs and desire to sit at the forefront of eFX trading and workflow. This partnership enables BidFX clients to quickly deploy a true end-to-end FX solution."

"Our mission is to provide the fastest time and value to market in the capital market industry by offering a scalable platform that is pre-configured with major market standard data and services providers such as BidFX," added Gordon Chan, Orchestrade’s Vice President Marketing.