Tradency's Mirror Trader Forex Trading Platform Now Available to Currenex Clients
Poster: SySAdmin
Posted on June 21, 2011 at 9:28:01 AM
Tradency's Mirror Trader Forex Trading Platform Now Available to Currenex Clients
NEW YORK, June 21, 2011/PRNewswire/ --
Tradency BVI, developer of the industry-leading foreign exchange trading
platform Mirror Trader, has announced an alliance with Currenex, a wholly
owned subsidiary of State Street Corporation, to make Tradency's Mirror
Trader available to all Currenex clients without additional development
costs.
Mirror trading is a rapidly growing trend in the retail Forex industry,
and Tradency offers a robust technology platform that appeals to
organizations like Currenex, which represents individuals and institutional
investors on both the buy and sell sides of the market place.
The new alliance between Tradency and Currenex allows smooth and
effortless integration of Tradency's Mirror Trader to Currenex's client
offerings. With Mirror Trader, traders can choose "automatic,"
"semi-automatic," or "manual" modes to execute trades in real time,
conveniently in the client's brokerage account.
The "Semi Automatic Mirroring" feature is being added to the platform in
June 2011. This feature will enable users to view signals sent by strategy
developers and execute selected strategies based on their own analysis and
account goals.
"We are thrilled to provide Currenex clients with access to our Mirror
Trader platform. Currenex clients include some of the largest banks in the
world, as well as the major players in the foreign exchange market. This
type of sophisticated clientele understands the value of the mirror trading
concept, which allows them to use the knowledge of a wide range of strategy
developers for their own trading," says Lior Nabat, president and CEO of
Tradency.
According to Nabat, Currenex clients will find it easy to achieve
proficiency in using Mirror Trader. Practice accounts allow traders to test
strategies' and signals against market conditions to see how they perform.
"We are confident that Currenex clients will find Mirror Trader to be an
excellent addition to their offerings and success," Nabat said.
Currenex e-trading venue has been recognized as one of the best by FX
Week for its commitment to technologically superior trading systems. The
addition of Mirror Trader continues this trend toward continuous
improvement, says Nabat.
Over the last several months, Tradency has experienced phenomenal growth
in its Mirror Trader platform through strategic partnerships and alliances
with major trading venues that find value in the mirror trading strategy and
Mirror Trader's cutting edge technology.
For more information on Tradency and Mirror Trader, visit
http://www.tradency.com
About Tradency
Tradency BVI. is a financial technology provider of innovative trading
solutions. The Mirror Trader, Tradency's advanced trading platform,
introduces traders to new trading techniques, including Semi Mirroring and
Automatic Mirroring. The Mirror Trader offers traders a comprehensive
trading workspace, with variety of popular trading tools as well as unique
features and personalized options. Tradency's Platform offers traders a
flexible choice of combining its groundbreaking approach with traditional
online trading methods. Since its inception in 2005, Tradency has pioneered
this new method, creating a new category of platform trading. Tradency
continues to innovate its technology, reinforcing its reputation as the
creator of cutting-edge industry practice. http://www.tradency.com
About Currenex
Currenex has provided the electronic foreign exchange buy and sell side
communities with research and execution tools for more than a decade. State
Street Corporation, one of the world's leading providers of financial
services to institutional investors, acquired Currenex in 2007 to further
expand its expertise in the electronic foreign exchange trading market
beyond traditional asset managers to active currency managers and hedge
funds. The Currenex platform has received several international awards for
its innovative technology platform. http://www.currenex.com
CONTACT:
Iris Toledano
Marketing@tradency.com
Source: Tradency Inc.
.
NEW YORK, June 21, 2011/PRNewswire/ --
Tradency BVI, developer of the industry-leading foreign exchange trading
platform Mirror Trader, has announced an alliance with Currenex, a wholly
owned subsidiary of State Street Corporation, to make Tradency's Mirror
Trader available to all Currenex clients without additional development
costs.
Mirror trading is a rapidly growing trend in the retail Forex industry,
and Tradency offers a robust technology platform that appeals to
organizations like Currenex, which represents individuals and institutional
investors on both the buy and sell sides of the market place.
The new alliance between Tradency and Currenex allows smooth and
effortless integration of Tradency's Mirror Trader to Currenex's client
offerings. With Mirror Trader, traders can choose "automatic,"
"semi-automatic," or "manual" modes to execute trades in real time,
conveniently in the client's brokerage account.
The "Semi Automatic Mirroring" feature is being added to the platform in
June 2011. This feature will enable users to view signals sent by strategy
developers and execute selected strategies based on their own analysis and
account goals.
"We are thrilled to provide Currenex clients with access to our Mirror
Trader platform. Currenex clients include some of the largest banks in the
world, as well as the major players in the foreign exchange market. This
type of sophisticated clientele understands the value of the mirror trading
concept, which allows them to use the knowledge of a wide range of strategy
developers for their own trading," says Lior Nabat, president and CEO of
Tradency.
According to Nabat, Currenex clients will find it easy to achieve
proficiency in using Mirror Trader. Practice accounts allow traders to test
strategies' and signals against market conditions to see how they perform.
"We are confident that Currenex clients will find Mirror Trader to be an
excellent addition to their offerings and success," Nabat said.
Currenex e-trading venue has been recognized as one of the best by FX
Week for its commitment to technologically superior trading systems. The
addition of Mirror Trader continues this trend toward continuous
improvement, says Nabat.
Over the last several months, Tradency has experienced phenomenal growth
in its Mirror Trader platform through strategic partnerships and alliances
with major trading venues that find value in the mirror trading strategy and
Mirror Trader's cutting edge technology.
For more information on Tradency and Mirror Trader, visit
http://www.tradency.com
About Tradency
Tradency BVI. is a financial technology provider of innovative trading
solutions. The Mirror Trader, Tradency's advanced trading platform,
introduces traders to new trading techniques, including Semi Mirroring and
Automatic Mirroring. The Mirror Trader offers traders a comprehensive
trading workspace, with variety of popular trading tools as well as unique
features and personalized options. Tradency's Platform offers traders a
flexible choice of combining its groundbreaking approach with traditional
online trading methods. Since its inception in 2005, Tradency has pioneered
this new method, creating a new category of platform trading. Tradency
continues to innovate its technology, reinforcing its reputation as the
creator of cutting-edge industry practice. http://www.tradency.com
About Currenex
Currenex has provided the electronic foreign exchange buy and sell side
communities with research and execution tools for more than a decade. State
Street Corporation, one of the world's leading providers of financial
services to institutional investors, acquired Currenex in 2007 to further
expand its expertise in the electronic foreign exchange trading market
beyond traditional asset managers to active currency managers and hedge
funds. The Currenex platform has received several international awards for
its innovative technology platform. http://www.currenex.com
CONTACT:
Iris Toledano
Marketing@tradency.com
Source: Tradency Inc.
.