TraderTools Inc, an FX trading platform developer, has announced that London-based brokerage, Parabellum Markets, has gone live with the company’s next-generation trading platform built on ‘hosted’ technology. Parabellum’s platform is to be configured for liquidity aggregation, distribution and white-label functionality.
Parabellum is an ECN broker offering clients access to FX liquidity and customised execution services. The ‘boutique eFX’ brokerage offers its services solely to eligible counterparties in the institutional space. Parabellum Markets LLP is authorised and regulated by the Financial Conduct Authority (FCA).
Parabellum’s white-label trading platform looks to compete not only on execution speed but also depth, cost and price security.
In a statement coinciding with the announcement, Nathan Halfon, Managing Partner of Parabellum Markets said, “TraderTools provided us with robust and advanced FX trading solutions, combined with a high level of support and experience.”
Adding, “We were especially interested in TraderTools’ API- and GUI-based FX execution capabilities and hosting solutions for Xconnect with clients and liquidity providers. We only focus on high touch customers and trust TraderTools to help us empower our liquidity management procedures which are crucial to an eFX agency.”
Mark Mayerfeld, EVP, International Sales at TraderTools commented, “TraderTools’ award-winning Liquidity Aggregation and Pricing Engine capabilities, together with Parabellum’s broad range of API and GUI customers, is a win-win combination for both companies.”
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