Bank of China (Hong Kong) has selected smartTrade Technologies to deliver latest low latency e-FX platform capable of supporting a larger client base and handling increasing trading volumes.
The technology vendor said that Bank of China (Hong Kong) selected it after a thorough review process for its e-FX platform aggregation capabilities, its sophisticated customizable client pricing distribution system and its powerful user interface.
smartTrade Technologies CEO David Vincent said: "It is a recognition of the quality of the product’s design and performance that Bank of China (Hong Kong) has chosen our platform. We are very excited to support Bank of China (Hong Kong)’s e-FX growth with our proven platform, LiquidityFX, which will allow them to enhance their execution and risk management efficiency.
"By taking advantage of our robust and low latency platform, we will meet their needs in terms of flexibility, scalability, and performance. We see a perfect match between a large visionary institution like Bank of China (Hong Kong) and a focused technology company."
Bank of China (Hong Kong) head of EFX trading Michael Ng said: "Electronic trading is growing rapidly in currency markets. Hence, we would like to develop a new platform to better serve our growing corporate and institutional clients."