FX Liquidity Management
The FX Liquidity Management component monitors and controls inward and outward liquidity flows to make pricing and execution decisions in real time. It features:
Back-to-back trading
The simplest strategy for hedging customer risk is to back-to-back each customer trade with a corresponding trade to market. This strategy might be used when an institution has no interest in accumulating positions in certain currency pairs or trade amounts. The Liquidity Management component decides whether to back-to-back or warehouse risk instantaneously.
The LMP Position Pad shows the current position of currency pairs and trades
Position management
More sophisticated algorithms allow risk to accumulate within tolerances so as to allow internal crossing between customer and internal trades. The Liquidity Management user interface provides a summary view of all current positions. Information is updated in real time, changing tick by tick, as the market develops. All available currencies and currency pairs are listed with associated Marked-To-Market statistics.
Algorithmic trading
Traders can create custom strategies to take advantage of market conditions or to structure trades with specific execution characteristics. Each strategy has access to the current market and executions as they take place and can self-adjust if necessary.
