London, UK – 14th July, 2015. R5FX, the new marketplace for emerging market FX trading, today announced the selection of smartTrade Technologies, a global leader in multi asset end-to-end trading solutions, to provide its e-trading platform.
Now in a period of Beta testing, R5FX is expected to stimulate growth in the trading of Emerging Market currencies globally.
“R5FX offers both bank and non-bank venues, providing equal access to Emerging Market currencies, enabling fast and efficient trading,” said Jon Vollemaere, CEO of R5FX. “We chose smartTrade’s platform as it is industry proven, robust, flexible to match our needs, and provides us with the capacity to support future market growth,” he added.
The smartTrade platform provides R5FX with a fast implementation cycle, while supporting a customisable user interface. smartTrade’s connectivity solution compliments and enhances the inbuilt matching engine, a fast and scalable component that supports a variety of order types and execution methods.
“smartTrade’s award winning platform will enable R5FX to offer its customers increased liquidity and a broader range of emerging market related instruments, some of which were not previously available,” commented David Vincent CEO of smartTrade Technologies. “The platform addresses the need for speed to market, HTML5 user interface customisation and will allow R5FX to quickly and seamlessly on-board new clients. smartTrade’s extensive connectivity solution compliments and enhances LiquidityCrosser, our fast, reliable and scalable matching engine that supports a variety of order types and executions,” he added.