SMBC Nikko Securities Taps smartTrade's LiquidityFX to Enhance FX Trading

smartTrade Technologies, a leading global provider of multi-asset electronic trading platforms, has formed a partnership with a Japanese securities firm SMBC Nikko Securities, to provide the latter with its fully-hosted and managed FX platform LiquidityFX.

SMBC Nikko Securities engages in the operation of large-scale comprehensive securities broking and trading services.

An end-to-end solution, LiquidityFX offers connectivity to over 130 liquidity providers, and enables SMBC Nikko Securities to expand and enhance its FX business and to offer an improved service to clients across its network of branches.

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

"smartTrade was able to draw on its expertise in local markets to tailor our solution to the specific needs of SMBC Nikko Securities," noted David Vincent, CEO and Founder of smartTrade Technologies. "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."

In January, ATB Financial​, the largest financial institution in the province of Alberta, Canada, has chosen smartTrade as its client-facing FX web platform.