Fluent Enhances National Australia Bank's Global FX Capabilities
- Trading Systems , Banking
- 13.09.2021 05:40 pm
Fluent Trade Technologies' award-winning technology is powering National Australia Bank's global FX activity
Fluent Trade Technologies' award-winning technology is powering National Australia Bank's global FX activity, strengthening and broadening its end-to-end global trading capabilities to deliver a market-leading, ultra-low latency, multi-asset trading platform to its customers, worldwide.
David Faulkner, Managing Director, Fluent Trade Technologies said, "Data drives every decision within the e-trading environment and we're delighted to provide NAB with the technology to better support its eFX trading business.
"NAB and Fluent are aligned in the belief that high performance, ultra-low latency technology empowers smarter decisions in respect of price discovery, creation and distribution.
"Fluent's clients can realise this across the value chain, achieving a dramatic impact on certainty of trading execution, acceptance rates, volumes, profitability and client satisfaction."
Mark McCall, Head of Electronic Trading, NAB Markets said the project with Fluent had enabled the bank to extend its market access, improve response times and increase fill ratios significantly.
"We're committed to providing our customers with quality electronic FX services to facilitate the management of their financial exposures, while also enhancing our position as a leading liquidity provider in our core currency pairs.
"Fluent has enabled NAB to price clients more accurately, while also allowing us to price a wider range of clients, to connect to more venues and to extend our range of trading services."