South African investment bank to benefit from integration of FX liquidity aggregation
TraderTools Inc. (TraderTools), which provides the only complete, integrated FX trading platform available on the market, announced today that Rand Merchant Bank, one of the leading investment banks in South Africa, has selected TraderTools’ Liquidity Management Platform™ as the foundation for its FX trading desk.
Says CJ Giddy, Head of the Fixed Income, Currency and Commodities (FICC) operations at RMB: “The addition of TraderTools to RMB’s FX trading capability both enhances our competitiveness in the market and the value we create for our clients.”
TraderTools’ FX trading platform will provide Rand Merchant Bank’s clients with the latest FX pricing and aggregation technology, enabling superior algo-trading and auto-hedging capabilities.
Says Mark Mayerfeld, executive VP, International Sales at TraderTools: “We’re strongly grounded in the financial services industry, but we also push technology to its limits in order to provide our customers with the most profitable FX trading platform available.”