Leading interbank STP venue CFH Clearing is expanding the variety of white label platforms available to its institutional clients via a partnership with Olfa Trade, an Olfa Soft company.
Beginning March 2016, CFH Clearing will offer Olfa Soft’s Seamless FX (SFX) platform as a white label product. Also, Olfa Soft will offer CFH Clearing’s liquidity to its clients through this new generation platform.
The SFX platform is a cloud-based platform, equipped with a risk management module, price engine and order-routing strategies. It is one of the fastest institutional platforms on the market today (average latency time = 0.04 milliseconds), enabling banks and brokers to maximise profits, particularly if customers are using high-frequency trading or models.
The platform is popular amid a number of financial organisations across the globe including banks brokers and agencies. It is suitable as a white label product for voice brokers, treasurers, asset managers or hedge funds. Thanks to the integration with CFH Clearing’s liquidity, clients can obtain bespoke price feeds of their choice from numerous liquidity venues including Tier 1 banks and ECN’s.
Paul Jackson, Head of Sales at CFH Clearing, says,
“We continue to evolve our offering to ensure our clients have access to a choice of the highest quality products on the market. We were particularly impressed with Olfa Soft’s robust infrastructure and flexibility. Its SFX is an impressive platform and uses Polymorph technology which means it can be easily customised to fit the design and order management needs of any client.”
Olivier Virzi, Chief Operating Officer, Olfa Trade adds,
“We are delighted to collaborate with CFH Clearing as we share the same business philosophy. CFH Clearing has a customer-centric approach and focuses on providing products which meet the exact needs of individual clients across the globe. As our platform can be adapted to specific client requirements, we felt there was a strong fit between our business models. By integrating CFH Clearing’s award-winning liquidity into our platform I am positive we are enhancing our proposition for clients.”