|By Business Wire||
|October 1, 2013 12:01 AM EDT||
ActForex, Inc., the leading provider of independent retail trading platforms is pleased to announce a partnership with LMAX Exchange, the first FCA regulated MTF for FX trading.
Access to LMAX Exchange is now integrated into ActForex’s advanced retail trading platform, ActTrader. Through the ActTrader platform, LMAX Exchange delivers exchange quality execution in over 60 FX pairs with an average matching speed of 4ms and no ‘last look’ as standard – ensuring FX execution with optimal precision.
ActTrader, with integrated LMAX Exchange access, is a complete scalable and fully hosted trading solution for FX Brokers delivering:
- User Friendly customizable multilingual interface
- Traditional Algorithmic trading with MT4 Converter
- Visual Algorithmic Trading (VAT), requiring no programming skills
- Extensive API for third party integration
- Complete back office with over 50 real time and historical reports
- Fully integrated Risk Management system
- Native iPhone, iPad, and Android applications
- Built-in FXApps store with over 220 ready-to-use strategies, indicators & apps
Jeremy Barnes, Head of Institutional Relationships at LMAX Exchange commented, “The ActTrader cutting-edge trading platform powered by LMAX Exchange liquidity and trade execution capabilities, will prove a formidable combination for brokers seeking a premium trading experience for their clients.”
“By completing integration with LMAX Exchange, ActForex is able to offer its customers access to open order-book with firm liquidity and exchange-quality low latency execution, meeting the most demanding execution requirements of modern high performance trading,” stated ActForex CEO, Ilya Sorokin.
The platform technology of ActTrader with access to the award winning LMAX Exchange will significantly enhance the user experience of FX Brokers and their clients.
About ActForex Inc:
ActForex, Inc. is a leading independent provider of cutting-edge trading technology solutions for a multitude of FCMs, Forex Brokers, Broker/Dealers, Introducing Brokers, Money Managers and financial institutions worldwide since 2000. To find out more about ActTrader please visit www.actforex.com.
About LMAX Exchange:
The award-winning LMAX Exchange is the first FCA authorized and regulated MTF for FX. Servicing brokers, funds, corporates, asset managers and banks, LMAX Exchange delivers a unique vision for global FX trading - a transparent, neutral, level playing field for all market participants, regardless of status, size or activity levels.
The LMAX Exchange OPEN order book is driven by streaming, non ‘last look’ limit orders supplied by General Member liquidity providers. LMAX Exchange offers markets in 62 FX pairs, spot Gold and Silver, with complete pre and post-trade transparency and order execution where no ‘last look’ is standard. Orders are executed in strict price/time priority at an average speed of 4ms.
FX Industry awards:
2013 Ranked #15 Fastest Growing Tech Company in the UK - Sunday Times Tech Track
2013 Best Margin Sector Platform - Profit & Loss Readers’ Choice Awards
2013 Best FX Trading Platform - ECN/MTF - WSL Institutional Trading Awards
2011 Best Trading System - Financial Sector Technology Awards
2011 Oracle's "Duke's Choice" - Innovative Programming Framework Award
LMAX Exchange - FX execution with optimal precision.
LMAX Limited operates a multilateral trading facility (MTF). Authorized and regulated by the Financial Conduct Authority, FCA Registered no. 509778.