FXOpen enhances its ECN accounts in partnership with Soft-FX

           
Article by Leeprate:

Maksim Faust, Soft-FX CEO comments: “Brokerage companies willing to enter the next phase of their evolution should be able to satisfy the need of institutional clients with the Aggregator. It is the right tool for that.”

Soft-FX, a Latvia headquartered leading provider of software services for forex businesses, has finalized negotiations regarding the delivery of their product Liquidity Aggregator to ECN MT4 broker FXOpen. With this advanced product, FXOpen looks to  enhance its relationships with institutional clients and puts them in good company as far as retail oriented brokers in the Forex market.

Soft-FX has specifically developed the Liquidity Aggregator to meet the needs of organizations in managing liquidity from various external and internal sources. It allows the setup of numerous combinations for best execution and smart order routing in line with strict requirements of each firm. The Liquidity Aggregator adds tremendous value to companies like FXOpen that are willing to build up their own liquidity network.

“The acquisition of Soft-FX Aggregator is a milestone in the FXOpen evolution. It enables the company to achieve a higher level of partnerships and to occupy better positions in the industry due to expansion of its target audience,” commented Denis Peganov, FXOpen NZ Limited Director. “We’ve been negotiating the deal with Soft-FX Company for quite some time and have been configuring the product to meet our needs. The Soft-FX developers helped customize the product and provided the required support and training.”

Soft-FX Liquidity Aggregator delivers high-performance and unique characteristics enabling FXOpen to:
manage and process orders within milliseconds;
aggregate liquidity from different financial institutions, including cryptocurrency exchanges, in a single place;
execute clients’ orders at the best liquidity provider price;
customize order execution for each financial instrument separately;
control commitment to various financial institutions.

“We offer not only Aggregator but such products as PAMM module, Tick Trader and back-office solutions that can be integrated by our clients and partners into their business cost-effectively. Their key benefit is the ability to be customized for the business specifics of any financial market player,” says Maksim Faust, Soft-FX CEO.