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Screenshot of a breaking news alert e-mail from Q2 2017
Multi-asset, end to end trading solutions provider smartTrade Technologies has been selected by London Capital Group Holdings plc (LON:LCG) to deliver a fully automated and hosted FX trading platform as the latest installment in London Capital Group’s transformation into a modern tour de force among London’s online trading giants.
“We have deployed our proven LiquidityFX solution in our private cloud in record time so that London Capital Group is able to provide the best prices and trading experience to its clients across devices, including mobile. The rich functionalities of our platform guarantee that LCG maintains its sustainable business model. Our internalisation component also brings enormous cost efficiencies” said David Vincent, CEO of smartTrade Technologies.
London Capital Group is leveraging smartTrade’s technology for Order Management, Smart Order Routing, Quoting, enhanced Order Execution, Risk Management, Post Trade and MT4 integration. London Capital Group has direct access to a large list of Liquidity Providers and ECNs allowing them to benefit from highly competitive spreads.
Charles-Henri Sabet, CEO of London Capital Group, said “We continually invest in the development of our infrastructure and have taken significant steps to improve our platform scalability and competitive position, ensuring that we are well placed to promote our Spread Betting, CFD and FX products globally. We have chosen smartTrade as our trusted partner to deliver intuitive and user-friendly systems, which provide our customers with simple, fast and robust, on-line trading systems.”
According to smartTrade Technologies, London Capital Group is already realising the cost benefits of smartTrade’s co-located cloud in New York, Tokyo and London. These include fast time to market, reduced infrastructure and support costs.