FXall, the online foreign exchange trading platform has added functionality, including something called QuickFill, money markets trading, an “ergonomic interface” and new connectivity options.
The so-called QuickFill tool aims to provide traders with continuous streaming prices from FXall’s relationship banks. A new money markets trading feature adds this asset class to the platform.
Users are also getting a new order management application; an “ergonomic interface” that aims to puts everything in one place and cut down keystrokes for common tasks; a better view of market prices and access to all functionality on one screen; and new connectivity options, somewhat unimaginatively branded as “QuickConnect.”
“QuickFill provides instant execution for even the larger sized trades. With one click we can execute seamlessly in fast-moving markets” boasts Michael Cairns, Trading Manager at FX Solutions LLC.
Cyril Cottu, executive director, Co-Head FX Asset Sales Europe, Goldman Sachs says “QuickFill delivers active traders what they want; continuous streaming prices offering significant liquidity in combination with the confidentiality provided by relationship banks – it’s unmatched in the market.”
Alan Clarke, Managing Director, e-Commerce at HSBC Global Markets comments: “Money Market customers can look forward to benefiting from the same deal lifecycle automation that FXall deployed for foreign exchange. HSBC sees this as an opportunity to enhance dealing relationships whilst streamlining the workflow for both banks and customers.”
Phil Weisberg, Chief Executive Officer of FXall, says the changes further cement @our position as the industry leader and innovator … [They] transform online trading today in the same way that FXall pioneered the switch away from the phone to online trading.”