|By Business Wire||
|April 14, 2014 03:05 AM EDT||
Gleneagle Securities (www.Gleneaglesecurities.com), a leading financial services firm based in Australia, and Integral Development Corp. (www.integral.com), a leading service provider to FX market participants, announced today that they have significantly enriched the customer experience on Gleneagle’s margin FX platform, Global Prime (www.globalprime.com.au/forex). Customers of Global Prime can now receive detailed Transaction Cost Analysis (TCA) for their trades. They also have the ability to customize the mix of liquidity providers that they receive through Global Prime to better fit their business. This amounts to a level of trade insight, analysis and control that goes far beyond what other margin FX technologies are able to offer. Gleneagle brokerage benefits from the fact that liquidity aggregation, an execution management system and connectivity are delivered as a one-stop service. This includes hardware options as well as professional support from FX-knowledgeable business specialists. Since everything is delivered as a cloud service, fundamental changes happen quickly and without any upfront costs for the broker.
“We are committed to upholding the highest standards of transparency and integrity throughout our organization. The built-in analytics of Integral’s solution, which we have the means to control, are second to none,” said Elan Bension, Head of FX, Gleneagle Securities. “Our customers can rest assured that they will get direct market access to the interbank market and best execution when trusting us with their business. And, we have access to the data that backs it up.”
Gleneagle’s customers benefit from a complete solution that exceeds the required trading software and includes access to hardware and state-of-the-art datacenters. Through a single interface, Gleneagle has access to powerful analytics that analyze every detail of a trade. This ensures that its customers receive the best service and execution. Integral manages all custom connections to liquidity providers. Gleneagle’s customers have access to liquidity from every major market-making bank, professional trading group and ECN.
“We value our longstanding relationship with Gleneagle and are pleased to build on our existing partnership by providing them with the tools to better serve their customers in an increasingly competitive market place,” said Harpal Sandhu, CEO, Integral Development Corp. “We are proud to say that our cloud-based services are flexible enough to meet the different needs of their diverse customer base with tailored offerings, while still allowing Gleneagle to implement a single solution as the base for all of their FX business. This ‘mass customization’ is something customers cherish, and from the initial feedback, we already know that they are delighted.”
Since all of Integral’s offerings are services delivered in the cloud, this additional functionality was implemented in a matter of weeks in close cooperation with Alex Neo, Business Development Manager, and Jeremy Kinstlinger, Relationship Manager, both at Global Prime.
To get in contact with the Gleneagle Securities and Global Prime team please call +612 8277 6611 or email [email protected].
About Gleneagle Securities
Gleneagle Securities is an Australian registered financial service provider and a leader in the evolution of financial markets. Gleneagle serves the diverse needs of sophisticated market participants and institutions ranging from traditional money managers and high net worth individuals to registered investment firms and funds. Gleneagle are committed to upholding the highest standards of transparency and integrity throughout our organization and to that end, building a team of highly capable, experienced individuals equally committed to the pursuit of our vision. Sophisticated clients trading in the forex market demand premium liquidity and execution and rely heavily on the infrastructure of their broker. With that in mind, Gleneagle has worked tirelessly to secure relationships with top tier liquidity providers as well and providing clients with Direct Market Access to the interbank market. The result of this is a premium forex liquidity offering, capable of handling the needs of fund managers, brokers, sophisticated and high net worth traders. Gleneagle has established a prime of prime brokerage service to meet the demands of funds managers, brokers as well as high net worth and sophisticated traders. For more information, visit www.gleneaglesecurities.com Copyright © 2014 Gleneagle Securities (Aust) Pty Ltd - ABN 58 136 930 526 AFSL 337985
Integral Development Corp., a leading service provider to FX market participants, develops and operates FX Grid®, a global multi-sided trading network connecting active market participants with all major sources of FX liquidity. Integral's business model supports all FX market participants with the solutions to build their own private FX exchanges, and to deliver branded trading services to their clients. FX Grid connects all segments of foreign exchange including retail and institutional brokers, banks, investment and asset managers and professional trading firms. Founded in 1993, Integral maintains development, support, and sales offices in Palo Alto, New York, London, Tokyo, Singapore, Hong Kong, and Bangalore. For more information, visit www.integral.com. © 2014 Integral Development Corp. All rights reserved. Integral technology is protected under U.S. Patent Nos. 6,347,307 B1; 7,882,011 B2 and 8,417,622 B2, patent pending applications and related intellectual property.