Portware Named Best Trading Technology Vendor by FX Week

London and New York - 26 July 2012

Portware, the leading provider of global, multi-asset trading solutions, have announced that FX Week has recognized Portware with the prestigious 2012 eFX Award for Best Trading Technology Vendor.

Judged by a distinguished panel of independent analysts and industry experts, the award recognizes Portware’s highly advanced, broker-neutral FX trading solution. According to FX Week, the Best Trading Technology Vendor award recognizes the company that “can demonstrate its track record in delivering the best technology to the FX industry and adapting its services to cater to changing market conditions. The winner [is] able to show how the innovative products it has offered the market have set it apart from rivals.”

Leading asset managers, hedge funds and broker dealers worldwide have deployed Portware FX to meet their most complex trading requirements, and Portware has demonstrated record growth in its FX business over the past 18 months.

Portware FX is a comprehensive, highly customizable FX trading solution that aggregates liquidity from all global providers, including banks, ECN’s and interdealer platforms. Portware’s innovative and highly flexible trading technology streamlines complex workflows and gives traders maximum choice with respect to trading strategies and order routing destinations. Clients can also take advantage of Portware FX’s new cloud-based model, which offers fast deployment, ease of access to all liquidity providers and significantly reduced operational overhead.

“Portware has been pushing into the FX market for several years, having long been a market leader in trading technology for other asset classes, particularly equities,” announced Joel Clark, editor of FX Week. “Algorithmic trading, which is gaining increasing traction in the FX market, is deep within Portware’s DNA, a factor which undoubtedly helped it to grow its FX trade volumes by 24% over the past quarter.”

“Winning the eFX Award for Best Trading Technology Vendor underscores our longstanding commitment to innovation and unrivalled customer service, which have become hallmarks of Portware,” said Alfred Eskandar, CEO, Portware. “2012 has already been a record year for Portware’s FX business. We look forward to building on that success and further enhancing Portware FX to meet the demands of a dynamic global marketplace.”

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