TradAir FX platform upgrade: modular architecture reducing latency and improving execution


TradAir fx platform execution

eFX trading technology solutions provider TradAir has announced the release of a major platform upgrade, focusing on added functionality, reduced latency and continued improvement of execution performance.

TradAir Version 5.0, delivers significant improvements in:

  • Execution quality and fill ratios
  • Platform latency and performance

According to the company, TradAir’s new ‘Micro Services’ based modular architecture significantly reduces platform latency, improving execution performance.

The modular design, streamlines and optimizes liquidity management, ensuring bank and broker customers receive highly optimized relationship based pricing from TradAir’s industry leading range of Global banks, Regional specialists, leading non-bank liquidity providers providing separate sweepable and full-amount streams, as well as access to top anonymous ECNs.

Cüneyt Zeytinci, Head of FX Markets at leading Turkish Bank YapiKredi, explains why they use TradAir:

As a major Turkish FX market-making bank, we provide competitive pricing to clients in a broad range of currency pairs across multiple electronic channels.

To support our growing business, we needed a platform that provided deep liquidity, a fully customizable pricing engine, and rules based auto-hedger to manage resulting flows, supported by analytics to monitor and optimize our trading performance.

TradAir are our FX technology partner, and we use their complete FX platform to support our growing business.

TradAir’s latest platform upgrade enables us to more efficiently aggregate full-amount liquidity streams from our primary relationship banks, ensuring we achieve close to 100% fill ratios when hedging resulting client flows.

TradAir Version 5 delivers reduced round trip trade latency, and improved fill ratios, enables TradAir’s bank and broker customers, to more competitively price their GUI and API clients, providing them with an outstanding trading experience, whilst more efficiently and profitably risk-managing resulting client flows.

The new architecture also makes it quicker and easier for TradAir to develop, test, deploy and monitor new platform enhancements, thus further future-proofing the platform.

Illit Geller Founder and CEO at TradAir, comments on the strategic importance of the upgrade, and the benefits to clients:

The partnership with YapiKredi and the leadership at the bank is part of our DNA, we value the teams deep market expertise and technology leadership. Its admirable.

TradAir Version5 is a game changing upgrade, delivering significant improvements in performance, scalability and latency, resulting in enhanced execution performance for our customers and an outstanding trading experience for their clients.

Importantly, the modular design provides TradAir with the ‘technical business agility’ needed to rapidly respond to evolving regulatory, market and customer requirements.

As a result of the upgrade, TradAir’s customers and their clients will remain at the forefront of trading technology developments.

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TradAir FX platform upgrade: modular architecture reducing latency and improving execution

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