FXCM and Credit Suisse backed Forex ECN FastMatch has announced the launch of a new aggregation technology solution, ManageMatch. ManageMatch provides an aggregation technology solution to customers who would like to maintain direct relationships with their liquidity providers yet do not have the desire to build and maintain their own aggregation software.
FastMatch is based on Credit Suisse’s Crossfinder matching engine.
The complete press release follows and can also be seen here.
FastMatch Launches New Aggregator ManageMatch
NEW YORK–(BUSINESS WIRE)–FastMatch (www.FastMatchFX.com) an Electronic Communication Network for foreign exchange trading today announces the launch of ManageMatch, a new aggregation and liquidity management software service. ManageMatch provides an aggregation technology solution to customers who would like to maintain direct relationships with their liquidity providers yet do not have the desire to build and maintain their own aggregation software.
“FastMatch will offer the ManageMatch service with zero up front or ongoing fixed costs, a major advantage versus the largest aggregators used today,” says Dmitri Galinov, CEO and founder of FastMatch.
With FastMatch superior technology and local presence, the ManageMatch service will enable clients to receive tighter spreads, faster response times and higher fill rates from their liquidity providers. The ManageMatch solution is fully integrated with the MetaTrader product suite as well as with the leading MT4 bridge providers: One Zero, Gold-I and PrimeXM. ManageMatch is available locally in all regions where FastMatch technology is located: New York, London and Tokyo.
Brandon Mulvihill, Global Head of Sales at FXCM Pro added, “For two years FXCM’s liquidity management team has managed liquidity streams within FastMatch using the ManageMatch software. Enabling this functionality as a client facing software was a natural step in meeting customer demand.”
With a global network of independent matching engines in NY4, LD4, and TY3 data center locations, FastMatch offers customers both a unique and diverse pool of liquidity. ManageMatch now offers a customer to manage their liquidity pool in near real time.
About FastMatch
FastMatch is an Electronic Communication Network for foreign exchange trading. FastMatch strives to offer its customers access to large pools of diversified liquidity at unparalleled speed with complete transparency in the optimal location.
The FastMatch ECN is based on the technology underpinning the world’s largest Equities crossing system, the Credit Suisse Crossfinder matching engine. This market tested technology gives FastMatch an incredible speed advantage and has the capability of handling thousands of clients simultaneously. Clients include retail brokers, institutions, banks, hedge funds, and proprietary trading firms.