FXall's New Tool Leads To Liquidity In Multiple FX Products

FXall, electronic foreign exchange platform, launches a new trading application specifically designed for active traders. New tool provides access to liquidity in full amounts from bank relationships and Accelor, FXalls low latency, anonymous ECN within a single application. FXalls new

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FXall, electronic foreign exchange platform, launches a new trading application specifically designed for active traders. New tool provides access to liquidity in full amounts from bank relationships and Accelor, FXalls low latency, anonymous ECN within a single application.

FXalls new active trader functionality is one component of a complete software that incorporates other execution mechanisms such as Request For Stream for spot, swap, forward and NDF products in major and emerging currencies.

Active traders can take further advantage of FXalls recently introduced collaborative tools that enhance direct bank relationships and facilitate multi-currency portfolio management through Cross Currency Netting.

“By combining the strength of streaming prices from relationship banks with anonymous liquidity, we are delivering a powerful combination of trading strategies to ensure active traders have the tools required to maximize opportunities,” says Neill Penney, head of Product Strategy, FXall.

“For the first time, one system gives traders access to liquidity in multiple FX products across all currencies and tenors. A cost-effective ASP implementation makes this easy to set-up, maximizing limited organizational resources.

Our independence and strong balance sheet support our continued investment in the range of services and sophisticated strategies required by our top-tier client base,” says Phil Weisberg, chief executive officer, FXall.

“FXall’s position as a long-term valued partner to our clients enables us to fully leverage our strong relationship trading pedigree and position as the leading electronic foreign exchange platform.

L.D.

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