NEW YORK, August 3, 2010 /PRNewswire/ -- TraderTools Inc. (TraderTools), which provides the only complete, integrated FX trading platform available on the market, announced today that it closed deals with four new customers during the second quarter of 2010, ended June 31.
Each of the deals involves TraderTools' FX trading platform, the only one to integrate an FX pricing engine, FX liquidity aggregation, FX order management and FX white-labelling, for increased FX revenues, reduced FX costs, improved FX spreads and access to vital information. More details on these deals may be released separately as the customers go live with the TraderTools solution.
We're generating excellent momentum in 2010, having closed four deals during the second quarter with global banks with money centers worldwide. We were also selected as the Best Trading Technology Vendor in 2010 by FX Week just a few weeks ago, said Yaacov Heidingsfeld, CEO of TraderTools. These accomplishments, combined with excellent customer references, validate the acceptance and strength of our FX trading platform.
TraderTools Inc. delivers the only complete, integrated, FX trading platform available on the market. Banks and brokerages use the TraderTools platform to increase FX revenues, reduce FX costs, improve FX spreads and access vital information to help run their FX businesses more efficiently and effectively.
FX desks traditionally deploy an assortment of vertical tools, developed internally or externally by different vendors. TraderTools replaces these disparate products with a single innovative platform that addresses the 4 most pressing FX challenges: an FX pricing engine, FX liquidity aggregation, global FX order management and FX white-labelling. It is an end-to-end solution designed to work seamlessly across all components and provide unparalleled visibility into the entire FX workflow. The result is an optimized FX Liquidity Management Platform(TM) - with advanced capabilities, like algorithmic FX trading and FX auto-hedging - designed to generate profits.
The TraderTools FX trading platform is the product of more than a decade's worth of experience with some of the world's largest financial institutions.
TraderTools, Liquidity Management Platform, Dynamic Liquidity Manager and the tagline The eFXperts are trademarks of TraderTools Inc.
SOURCE: TraderTools Inc.
CONTACT: Sales: Mark Mayerfeld, EVP, International Sales, +1-212-782-3550,firstname.lastname@example.org; Media: Ian Tick, Director, Marketing,+972-9-740-8880, email@example.com