According to the solution provider, the eFX tech sources liquidity from various providers, validates rates and applies tiered margin prior to low latency distribution through a FIX gateway for API trading by Royal Exchange customers.
By automatically hedging customer orders with a liquidity provider, DealHub completes the trade lifecycle, which enables the firm to process trade details directly into the Royal Exchange treasury system.
Royal Exchange CEO Antony Quaife said, ”Royal Exchange are committed to delivering the best possible pricing and trading performance to our customers; the DealHub solution will deliver on this promise, while simultaneously automating our internal processes, reducing cost and risk."
DealHub COO Chris Leaver said, "Our flexible toolkit of eFX services is helping customers of all sizes build eCommerce solutions tailored to their unique goals – from top tier banks looking for proximity hosting to improve their hit rates on an ECN, to niche brokers looking for a complete eFX solution."
Royal Exchange is a high end foreign exchange brokerage which provides Forex services to the corporate and retail markets across the UK.
