SBI Liquidity Market Complements smartTrade's LiquidityFX

  • Trading Systems
  • 30.11.2016 09:15 am

smartTrade Technologies, a multi-asset electronic trading solutions pioneer, announced today that SBI Liquidity Market, a Japanese leading FX infrastructure solution and liquidity provider, complemented its FX platform based on smartTrade's LiquidityFX, with smartTrade's award-winning pricing and distribution modules.

SBI Liquidity Market is adding smartTrade’s sophisticated market making solution to the existing implementation of LiquidityFX connectivity, aggregation and order routing in order to grow their business outside Japan and provide liquidity to the rest of Asia. This addition combines smartTrade’s flexible pricing and powerful distribution modules with the powerful distribution system over multiple channels. Those modules integrate margin credit functionalities which allows their clients to trade larger amounts, leveraging their cash margin, while allowing SBI Liquidity Market to easily monitor and manage their risk coverage in real time.

Tatsuo Shigemitsu, Representative Director and President, SBI Liquidity Marketcommented: “By deploying Pricing/Distribution Module of smartTrade, we have definitely acquired a position to provide our abundant liquidity promptly and internationally. We believe it should boost our overseas business development that we are strongly focusing on Asia at the moment.”

David Vincent, CEO of smartTrade Technologies commented: “We are very pleased to further support SBI Liquidity Market growth. This solution extension is proof of a successful partnership with SBI Liquidity Market. LiquidityFX capabilities to cover all our clients FX trading needs is very convenient as it enables them to implement new modules in no time.” David added: “Over the last year, we have seen a rapid growth of our Asian client base and in order to support this we have expanded our teams in our offices in Tokyo and Singapore.”

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