Smart Trade adds customizable consolidated Order Book functionality

Smart Trade Technologies has introduced customizable consolidated order book functionality for its smartTrade LiquidityAggregatorâ„¢ engine, new functionality that allows for the real-time consolidation of trade, order and quote data across ECNs, bank portals and internalized sources.

April, 2010

Margaret Bailey
Margaret Bailey

Smart Trade Technologies has introduced customizable consolidated order book functionality for its smartTrade LiquidityAggregator™ engine, new functionality that allows for the real-time consolidation of trade, order and quote data across ECNs, bank portals and internalized sources.  By implementing LiquidityAggregator’s flexible, easy-to-deploy functionality, banks, broker-dealers, asset managers and hedge funds gain access to a customizable engine to produce a fully aggregated view of liquidity from both internal and external sources, creating a single order book for single-, multiple- and cross-asset trading that meet best execution requirements.

According to Margaret Bailey, Smart Trade’s VP, business development, North America, “This new functionality provides flexible management of aggregated views – especially important in FX where different liquidity distribution needs exist - for retail, institutional and corporate clients as well as multi-asset and cross-asset situation.”