FXDD Offers Clients Access to Global Liquidity Pool

FXDD, a global leader in online foreign exchange trading, offers its professional clients access to the one of the deepest liquidity pools in the marketplace with the launch of PowerTrader, its institutional execution platform. PowerTrader utilizes straight-thru-processing (STP) to connect more than 60 global banks and ECN systems into one platform. PowerTrader provides true interbank pricing with no dealing desk intervention; the live, executable streaming prices come directly from the major liquidity providers.

Best bid/best offer technology results in spreads that are incredibly tight, along with full depth of market. We have seen a huge demand from clients for a transparent, multi-bank solution that is customizable, flexible, and offers multiple order types, stated Tom OReilly, SVP of Sales at FXDD.