FXall adds Accelor for active traders
FXall has launched a trading solution it says is specifically designed for active traders. The new solution is said to be in response to the market’s changing dynamics and the demand from hedge funds, broker-dealers and CTAs for access to liquidity in full amounts from bank relationships, as well as the ability to trade on anonymous ECB-like platforms. FXall says as a result it has incorporated Accelor, its low-latency ECN, into its relationship platform.
“By combining the strength of streaming prices from relationship banks with anonymous liquidity, we are delivering a powerful combination of trading strategies to ensure active traders have the tools required to maximize opportunities. For the first time, one system gives traders access to liquidity in multiple FX products across all currencies and tenors. A cost-effective ASP implementation makes this easy to set-up, maximizing limited organizational resources,” says Neill Penney, FXall’s head of product strategy. At the time of writing, it was not known whether or not Accelor will remain as a standalone offering from FXall.