Next-generation hosted FX trading service now includes both order management and aggregation functionality
TraderTools Inc. (TraderTools), which delivers the world’s most advanced FX trading platforms, announced today that it has added order management capabilities to complement the aggregation functionality inherent in the company’s LightFX next-generation hosted FX trading service.
“Until now, our market leading Order Management System (OMS) was only available as part of a full enterprise offering. But as of today, banks will be able to take advantage of the field-proven enterprise functionality of the OMS – no matter how big or small their order business is – without any upfront costs,” said Yaacov Heidingsfeld, Chief Executive Officer at TraderTools. “This means that they can now cover the whole FX trading workflow – from customer order to market execution – using a hassle-free, fully-hosted, Software-as-a-Service (SaaS) solution.”
“The newly introduced order management capabilities will allow banks to focus directly on their customer business, increasing customer flow and profit, while benefiting from the best on-demand aggregation – and resulting executions – on the market,” he added.