The International Business Magazine has recognized Edgewater as the Top Liquidity Provider in the Middle East, an award that further boosts the company’s position within the GCC markets, comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
The award highlights Edgewater’s growing influence in a key region for the global financial markets along with its continued support of local price providers.
Two renowned GCC-based entities, Tullet Dubai and Al Ahli Bank of Kuwait, have come forward to praise their fintech and liquidity provider, Edgewater.
“Depth of liquidity is excellent especially in the GCC currencies”
According to Tullet Dubai, “Edgewater is our primary platform we use for executing spot FX trades for our clients. Their pricing in GCC and other currency pairs is unique and provides us with excellent access to local, real inventory GCC liquidity, which helps us to service our clients in a very competitive market. We find it easy and efficient to execute larger sized trades via their platform as their depth of liquidity is excellent especially in the GCC currencies. We have a great relationship with the Edgewater team, and they offer an exceptional service to our regional desk.”
Al Ahli Bank of Kuwait echos this sentiment, stating “We have been dealing with the Edgewater platform now for over 2 years and they are one of our key liquidity providers. The Edge FX platform, and Edgewater’s credit intermediation services, have allowed us to reach the full depth of market liquidity, The system is very simple to use and easy to navigate between the different currency pairs. They offer excellent pricing and good liquidity in both G10 and GCC currencies. The support team provide a very efficient service and always reply to any questions or issues raised in a professional and timely manner. We value our partnership with Edgewater and look forward to their continued expansion in the region.”
“We are honored with this recognition”
Brian Andreyko, CPO of Edgewater, said: “We are honored with this recognition. Our objective is to help our clients succeed, because when they succeed, we have succeeded in playing pivotal role in shaping the future of financial markets, both in the Middle East and globally. Edgewater will continue to innovate, partner with local institutions, and provide the liquidity that the market needs to thrive. This award is not the end, but a milestone on a journey towards greater excellence in global liquidity provision.”
The Middle East financial industry has rapidly adopted Edgewater’s solutions amid increasing demand for more sophisticated trading. Edgewater is providing local market makers with robust personalized technology coupled with credit and distribution services.
Access to deep local liquidity is crucial for mitigating volatility and ensuring that market participants can execute trades with confidence, in all market conditions.
Edgewater rolled out groundbreaking RFQ trade execution
Last year, Edgewater rolled out a groundbreaking Request for Quote (RFQ) trade execution service which transforms the way traders execute their trades by providing an unparalleled level of efficiency for large and unique order flows.
The forex market, known for its high liquidity and intricate complexities, demands solutions that are equally sophisticated. Edgewater’s new RFQ service does just that—offering traders an advanced tool designed to improve both trading experiences and outcomes.
Key Features:
Customization: The RFQ service allows traders to tailor their order flows according to specific requirements such as order size, trade parameters, and risk management preferences. This enables traders to align their strategies more closely with marketplace conditions.
Competitive Pricing: Edgewater’s network of top-tier liquidity providers ensures traders have access to the best possible quotes. This is bolstered by deep local and regional liquidity, giving Edgewater a competitive edge.
Efficiency: The new service streamlines the quoting and trading process, eliminating inefficiencies associated with older methods of execution via phone and chat.
Anonymity: Acknowledging the importance of client confidentiality, Edgewater guarantees anonymity, ensuring traders can operate without the risk of data mining or trading in a skewed manner.
The launch comes at a crucial time when there is an increasing need for advanced trading tools that can navigate the labyrinthine realm of emerging market forex trading.
Edgewater Markets is a pioneering provider of electronic foreign exchange workflow management solutions and FX and precious metals optimization software. With a modular approach, it offers tailored technology, liquidity provisioning, and credit services, exemplified by EdgeFX.
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