Direct FX Partners with First Derivatives for Forex

FD's Delta Flow technology was selected to fulfill Direct FX's execution and liquidity needs.

Direct FX, a Sydney-based foreign exchange trading company, has adopted the trading technology of First Derivatives (FD), a provider of software and consulting services headquartered in Newry, Northern Ireland.

The Delta Flow solution should provide liquidity and order execution through multiple end client trading platforms, such as MT4 and FD's Margin platform, as well as extending service to API clients. Delta's risk management capabilities also allow traders direct access to real-time data to optimize the process of sourcing, controlling and distributing multiple pools of liquidity.

Direct FX has leveraged the open architecture of the Delta suite to integrate value-added applications like self service client on-boarding, support of multiple languages, full regulatory client reporting and real time back office integration.

"FD is a market leader in high frequency price aggregation, execution and risk management and will ensure that DirectFX has and maintains a competitive edge," says DirectFX director Robert Martin. "Following our recent acquisition of Australian forex broker ODL Australia and further investments in our operational infrastructure, the partnership with FD indicates our commitment to being a leader in online forex trading. Our aim is to offer solutions that are state-of-the-art, cost effective and easy to implement. We have direct access to liquidity from the top global banks which allows us to maintain our competitive edge by providing tighter spreads for our customers."