TradAir
has gone live with a new service, TA1, to facilitate trading and liquidity in foreign exchange. The TA1 solution will allow its customers – both traditional and anonymous liquidity providers – to trade spot FX for an extensive range of spot currency pairs, using TradAir’s anonymous liquidity trading solution, while partnering with best-in-class credit provision from Standard Chartered, the
multinational banking and financial services company.
The provider of trading, analysis, decision-making and workflow solutions now presents the TA1 solution as a state-of-the-art UX design and advanced HTML5 technology, delivering a fully personalized trading experience. Workflows can be customized for trading, monitoring, risk and order management, and each transaction processes straight through to the clients’ back-office and risk systems.
According to TradAir, several customers are already signed to TA1 and a significant pipeline of new users is accessing alternative liquidity providers in a seamless manner, using the breadth of Standard Chartered’s credit provision.
Ayal Jedeikin, founder and CEO of TradAir, said: “We are delighted to be partnering with Standard Chartered, which has tremendous reach and creditworthiness, particularly across some of the world’s most dynamic markets in Asia, Africa, and the Middle East. Collaborating with them on our new TA1 solution makes perfect sense for our customers, who are demanding ever more bespoke approaches to access seamless liquidity.”
TradAir has recently reached a deal with IS Prime, the UK FCA-regulated Prime of Prime (PoP) and Liquidity Provider (LP) based in London, to extend its liquidity distribution. Utilizing TradAir’s solution, banks and brokers can view and trade directly against IS Prime liquidity as well as utilize it to enable their clients to benefit from the improved pricing.
In mid-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.
TradAir also 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.
TradAir is developing a new suite of products and solutions, including its newly launched White Label solution using its institutional quality HTML5 FX trading solution. TradAir’s technology facilitates Foreign Exchange (“FX”), Repo and Digital Asset trading activities through innovative UX design and advanced HTML5 technology for desktops and mobile trading. TradAir’s products include an end-to-end institutional trading platform, market making, and distribution technologies, integrated sales trader functionality, and customizable front end providing a unique trading experience.
