Polish FX Brokerage Alior Selects TradAir to Improve Execution

Ricardo Esteves

Ricardo Esteves has seen business and economics through many lenses. He joined the Financial Services Industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Esteves' work has appeared in a variety of online publications including FX Street and FinanceFeeds.

Polish FX Brokerage Alior Selects TradAir to Improve Execution

July 25, 2019

TradAir was chosen by Alior Brokerage House, the FX brokerage trading arm of the Polish Alior Bank, to improve the execution in local and global currency trading and allow the FX broker to expand operations, increase trading ROI, and satisfy regulatory requirements.

Following a smooth implementation Alior clients’ orders are executed on the TradAir’s technology, which is connected to a variety of direct liquidity providers.

Grzegorz Femiak, Trading Platform Expert at Alior Bank, commented: “We were looking for an additional solution for our eFX service which would provide an improved execution at a friendliest cost. With direct market liquidity feeds TradAir efficiently integrated to our internal systems and helped us implement the right solution, which is active since February 2019”.

Ayal Jedeikin, Chief Executive Officer of TradAir, said: “We have truly enjoyed working with Alior Bank throughout the implementation process. We now look forward to being an instrumental part of Alior’s growth and believe TradAir’s hosted solution with its highly flexible and customizable pricing and execution will be a key driver to success”.

TradAir is in the business of offering trading solutions for banks, brokers, prime of primes and regulated marketplaces looking to access, create, distribute and hedge unique liquidity streams via GUI and API interfaces. TradAir is also linked to a wide network of liquidity sources such as crypto OTC desks, crypto exchanges, market makers, and custodians.

TradAir has recently partnered with Seed CX, an institutional trading and settlement infrastructure for digital assets, to offer the over-the-counter (OTC) trade settlement services recently launched by Seed CX’s subsidiary, Zero Hash. In January 2019 , Broctagon NEXUS, a liquidity provider specializing in crypto aggregation partnered with TradAir with a focus on delivering FX-style, deep multilateral ECN liquidity for cryptocurrencies and open up new trading
platforms for NEXUS users.

In mid-2018, TradAir appointed Sebastien Donadio, as its Chief Technology Officer (CTO), based in the company’s New York office. Prior to joining the front office FX trading solution provider, he was Head of Software Engineering at HC Technologies, Strategy Developer at Sun Trading LLC and before that leading the technology team of the high-frequency Fx-hedge fund. Sebastian is also an adjunct professor at NYU Tandon School of Engineering.

The former TradAir CEO Viral Tolat has recently established a new firm called Neural Engines, a company that is focused on creating a platform for building applications.

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