«Alpari» Group announces the start of cooperation with Currenex – the largest electronic trading system (ECN). Currenex provides liquidity pool from over 60 global banks being a recognized leader in providing the institutional investors with the financial services.
As Andrew Dashin, president of «Alpari» Group, says: « The Agreements between Currenex and «Alpari» is a breakthrough in customer servicing. Not every company can have the access to the liquidity pool of ECN, that’ why it is certainly a very important event for Alpari Group as well as for the Russian internet-trading industry in general».
Due to the partnership with Currenex «Alpari» will be provided with the liquidity pool from the global banks – the largest market-makers.
The first offer contains two advanced trading platforms, developed together with Currenex specialists and adapted for «Alpari» Customers: Alpari Direct Pro – web-terminal for the institutional clients and Alpari Direct – for the retail customers.
Both platforms provide high-speed and direct access to the international currency market due to Straight Through Processing (STP), Non Dealing Desk execution (NDD) and 1 click Executable Streaming Prices (ESP). These features will ensure high speed and low latency execution and will empower traders to optimize market impact and reduce execution costs.
Alpari Direct Pro, the execution interface for institutional clients, will provide traders with access to a deep liquidity pool, showing the full market depth. It also features 24 orders types including advanced orders such as pegged orders, which empower traders to take control of order timing and execution.
Commenting on the new platforms Andrey Vedikhin, Co-Founder of the «Alpari» said: “Alpari Direct Pro and Alpari Direct represent another step towards «Alpari’s» goal – of providing an institutional level trading experience for all our clients ».
About «Alpari» Group:
The «Alpari» Group is one of the fastest growing providers of online foreign exchange (“FOREX”, “FX”) trading services, with 27 offices in 8 countries, including London, New York, Shanghai, Mumbai, Dubai, Moscow, Kiev and Almaty, which serve more than 150 countries. With over 300 employees worldwide, more than 130 000 live accounts and monthly Forex trading volumes in excess of USD 104 billion (as of June 2009)
Alpari (NZ) was launched in Russia in 1998. Headquarter in Moscow. Branches in 24 cities of Russian Federation and CIS. Has many national and professional awards.
Alpari (UK) was launched in 2004. The company is based in the heart of the City of London.The Company is authorised and regulated by the Financial Services Authority (FSA). License number: 448002. Has its Representatives in China, UAE and India.
Alpari (US) was established in 2006. The company is based on Wall Street, in the financial district of New York City. The Company is registered by the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and is a member of the National Futures Association (“NFA”), Member ID: 0379679.