Under the alliance, the online brokers’ global client base will be plugged directly into the foreign exchange market by using FD’s Delta Flow trading technology, which uses a Direct Bank Access (DBA) model.
The partnership will allow Forex Club’s clients have global access to the liquidity pools in the market provided by 12 global banks.
Forex Club head of Hedge & Quant Demetrios Zamboglou said, "By ensuring direct client access to multiple pools of liquidity from the top global banks, we strengthen our competitive edge by giving clients tighter spreads and best execution practices."
FD said that its Delta is a suite of high performance real-time trading, CEP, market data and risk management applications.
