FLOW TRADERS ENTERS FX MARKET WITH MARKETFACTORY
(Thomson Reuters ONE) -
For immediate release
FLOW TRADERS ENTERS FX MARKET WITH MARKETFACTORY
NOVEMBER 8, 2017, AMSTERDAM and NEW YORK
Flow Traders, a leading global technology-enabled liquidity provider
specializing in exchange traded products (ETPs), and MarketFactory, an industry-
leading FX technology platform, announced today a partnership that will enable
investors to trade FX directly with Flow Traders on FX trading venues across the
globe.
Flow Traders has a long history of trading FX as part of its hedging strategies,
and identified the opportunity to further expand its role in the FX market.
MarketFactory's API product, Whisperer, underpins Flow Traders' strategic
ambitions to become a leading liquidity provider in FX.
"Given our in-depth knowledge combined with evolving technology, now is the time
to open up as a liquidity provider to FX markets," said Robbert Sijbrandij, Head
of FX, Flow Traders. "In the new regulatory landscape, Flow Traders will
continue to contribute to fair and transparent markets. This cooperation will
enable counterparties to directly trade FX more effectively and efficiently than
ever before, creating a more level playing field for investors."
Flow Traders chose to partner with MarketFactory as they are the top
connectivity provider in FX, with access to over 70 FX global trading venues,
and their technology is best-in-class.
"We are thrilled to be helping Flow Traders grow and expand into the $5.1
trillion daily foreign exchange market," said Darren Jer, CEO, MarketFactory.
"By managing the software connectivity for Flow Traders, we're hoping they can
focus on the critical risk management, hedging and trading activities.
ENDS
Contact details
About MarketFactory
MarketFactory is a financial technology company focused on providing software
solutions to the foreign exchange industry. Our platform powers foreign exchange
trading that seamlessly connects to 70+ foreign exchange markets, reduces
latency and enables risk monitoring. Currently, MarketFactory partners with over
100 banks, funds and ECNs/brokers/exchanges. MarketFactory is backed by
FirstMark Capital and private investors. For more information, please visit
www.marketfactory.com or follow us (at)MarketFactory.
Contact
Ashley Binford
MarketFactory
press(at)marketfactory.com
646-779-3701
About Flow Traders
Flow Traders is a leading global technology-enabled liquidity provider
specializing in exchange traded products (ETPs). Flow Traders provides
continuous liquidity in ETP markets, while seeking to stay market neutral at all
times and without having directional opinions. Investors benefit from our
activities due to increased liquidity, higher execution quality and lower
overall trading costs. As such, we contribute to more efficient and transparent
securities markets. Flow Traders provides liquidity in over 5,000 ETP listings
across the globe, tracking all underlying asset classes, including equities,
fixed income, commodities and currencies with access to 104 trading venues in
36 countries. Flow Traders has been named Europe's number one ETF Market Maker
at the Annual Global ETF Awards for the last ten consecutive years - 2007 until
2016, and Asia-Pacific's number one ETF Market Maker for five out of the last
six years - 2011, 2012, 2013, 2015 and 2016. Flow Traders is headquartered in
Amsterdam, The Netherlands, with trading offices in Hong Kong, Singapore and New
York, covering all time zones. Flow Traders' shares are listed on Euronext
Amsterdam. For more information, please visit: www.flowtraders.com .
Contact
Flow Traders N.V.
Serge Enneman / Investor Relations Officer
+31 20 7996799
investor.relations(at)flowtraders.com
PressRelease Flow Traders MarketFactory:
http://hugin.info/171622/R/2147864/823799.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Flow Traders NV via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 08.11.2017 - 07:30 Uhr
Sprache: Deutsch
News-ID 567116
Anzahl Zeichen: 4932
contact information:
Town:
Amsterdam
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 351 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"FLOW TRADERS ENTERS FX MARKET WITH MARKETFACTORY"
steht unter der journalistisch-redaktionellen Verantwortung von
Flow Traders NV (Nachricht senden)
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