Liquidity Hub now features a new quote consolidation tool for market makers in a trading environment where the cryptocurrency market progressively gains its space.
oneZero Financial Systems, a leading FX liquidity and technology solutions provider, has recently announced the introduction of Volume Bands, a new quote consolidation tool for market makers, in the latest release of Liquidity Hub.
Andrew Ralich, Chief Executive Officer of oneZero Financial Systems, commented:
“We are pleased to give our institutional clients a new tool for managing securities that can increase their operational efficiency through automated controls. Volume Bands give makers added flexibility for consolidating quotes for currencies traded in smaller increments which can impact their depth of book […] We continue to enhance our institutional offering by solving our clients’ operational challenges with superior technology.”
As quote books can run thousands of quotes deep because digital currencies are often quoted for a fraction of the security, oneZero’s Volume Bands allows makers to configure and customize pricing across their book at varying depth levels based on spreads to create quotes at the volume weighted average price. This is will provide a more manageable number of consolidated quotes for takers without impacting their underlying trading.
In addition to Volume Bands, oneZero announced the release of its Client Portal, an online technical support platform for clients to access expanded product information. The client portal features an online chat system, advanced search, complete documentation, and reference guides, systems diagrams, maintenance notifications and a FAQ section which complements the firm’s existing global customer support that is available 24 X 5.5 via phone, email, and chat.
“At oneZero, we solve business problems with technology by putting our customers at the center of everything we do. Our new Client Portal is an innovative platform that gives our clients yet another tool to more effectively manage their business. By intuitively guiding clients through our system, they can spend more time focused on their priorities and growing their business”, said CEO Andrew Ralich.