Berkeley Futures to Use FlexTrade for Global FX Trading
MaxxTrader will be used for the full trading cycle of the UK broker's global FX trading.
The platform covers the entire trading life cycle, including price construction, distribution, trade execution, hedging, position management, post-trade analysis on the group of 10 (G10) currencies, non-deliverable forward contracts (NDFs), and base and precious metals.
"We are seeing an increase in demand for hedging and trading using NDF markets and requirements for tighter spreads in G10," says Marc Quinn, senior associate director of Berkeley Futures. "As our customer base grows, they require more sophisticated trading tools across a variety of asset classes. Customers require the ability to execute trades both algorithmically as well as click trading. Berkeley customers will be provided with access to a wide range of external liquidity providers as well as the ability to trade against Berkeley's internalized liquidity pool."
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