FX-EDGE Venue Expands Volume through Implementation of Match-Trade System

By CIOReview | Wednesday, January 13, 2016

IRVINE, CA: FX-EDGE Venue, an ECN trading venue by FX-EDGE and Match-Trade Technologies, boosts its FX volumes after implementing Match-Trade Technologies’ FX solutions. Match-Trading System is a forex technology company delivering proprietary advanced trading solutions to forex market participants.

FX-EDGE Venue is a stock exchange like trading venue based on Match-Trading system allowing forex market participants to trade in an open and transparent manner. It has adopted the Match-Trade Systems’ technology to a fair and independent venue free from any bias to liquidity providers.

The implementation of match engine technology has set apart FX-EDGE Venue from traditional forex set-up as it allows matching of client’s orders internally within the Match-Trade cloud or externally with other sources of liquidity without the need of any broker or middleman. It allows clients to trade at prices indicated by them rather than the forex broker. Therefore, it allows clients to not only take liquidity but also provide liquidity.

Match-Trade System features execution of 50,000 transactions per second. It provides retailers with FIX API to use algorithmic trading and access to market data stream via FIX. In addition, it offers liquidity takers with enhanced web-based match trader platform with functionalities like market depth presentation, market watch, active orders and account summary enabling clients to generate reports.