Fine tuning e-FX performance
e-Forex talks with Kevin Ashby, CEO of Velsys, a leading e-FX
Kevin, how did Velsys get into the FX business?
Velocity Systems was formed in 1999 in Australia. The
company has always been focused on the FX business and at the
outset the company developed complex pricing and risk management
solutions for major banks. As e-commerce started to take off,
Velocity was asked to develop solutions to connect banks to
liquidity providers, internal systems and more recently the ECN
and API community. In 2008 the company embarked on the
development of end-to-end trading systems. In 2010 the company's
trading systems development caught the interest of the investment
community and two major funds invested in the company and as part
of this process the company moved it's headquarters to the UK and
was renamed Velsys.
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