Multi-asset electronic trading solutions provider smartTrade Technologies has announced that securities firm SMBC Nikko Securities has adopted LiquidityFX, smartTrade’s fully-hosted and managed FX platform, to enhance its FX trading activities in Japan.

LiquidityFX is an end-to-end solution with connectivity to over 130 liquidity providers. The platform enables aggregation, smart execution, risk management, order management, analytics, payments and multi-channel distribution, supporting a range of instruments including FX spot, forwards, swaps, NDFs and options.

SMBC Nikko Securities was looking for a digital platform with sophisticated workflows which would enable the streamlining of trading processes using APIs to achieve operational and cost efficiencies.

Takuya Shinahara, Managing Director, Global Markets Technologies, of SMBC Nikko Securities said,

“We were looking to partner with a vendor with a proven track record and a strong local presence. smartTrade’s Tokyo-based development and operations teams fully understood our business challenges and worked with us to deliver quality results in a timely fashion.”

David Vincent, CEO and Founder of smartTrade Technologies said,

“smartTrade was able to draw on its expertise in local markets to tailor our solution to the specific needs of SMBC Nikko Securities. Liquidity FX’s end-to-end functionality will enable the company to expand and enhance its FX business and to offer an improved service to clients across its network of branches. Having a fully operational office in Tokyo meant that we could offer an exceptionally fast time to market as well as first-rate client service.  We are fully committed to the region and look forward to a long and fruitful relationship with SMBC Nikko Securities.”

About SMBC Nikko Securities

SMBC Nikko is one of the leading full-line securities company in Japan covering all client segments with a broad range of financial products and services through its international network.