Edgewater Markets Launches EdgeFXLatam Platform

September 1, 2020 - Edgewater Markets has announced today the launch of EdgeFXLatam powered by Edgewater Markets’ ultra-low latency proprietary technology.

Edgewater Markets has adapted its proprietary technology specifically for the Latin American markets to optimise trading and expand distribution.

Robert Sanchez, Head of Latam Markets for Edgewater Markets

“We are excited to be able to offer a solution exclusively for Latam market participants,” comments Robert Sanchez, Head of Latam Markets for Edgewater Markets “The product has been designed in conjunction with our clients and local partners to fully address the unique requirements of each market, while providing the tools and distribution services needed to extend the local market capabilities into the global NDF marketplace.”

The platform is the first to offer local participants streamed price technology that integrates the local markets with the greater FX community, enabling banks to automate and optimise transaction flow with local clients, as well as utilising local market knowledge to price the global NDF markets. The solution is customised for each local marketplace, built for traders utilising a simplified User Interface (UI) that provides manual interaction with dynamic pricing and hedging strategies. The solution’s modular design can be taken in whole or in part, and includes connectivity, aggregation, market making, distribution, order management, order routing, automated hedging, a branded and customised HTML5 user interface, switch bank functionality, straight through processing and enhanced risk management.

Brian Andreyko, Edgewater’s Chief Product Officer, Edgewater Markets

Brian Andreyko, Edgewater’s Chief Product Officer, added, “We were able to leverage the flexible architecture of our proprietary software to deliver a solution quickly and effectively, that can be further customised to adapt to each client’s unique needs, brand and workflow. We are committed to partnering with our clients, enabling them to increase and optimise their trade flow utilising the best technology available to transact their business.”

EdgeFXLatam, provides onshore and offshore participants access to deep liquidity, specialising in the following pairs:

  o Mexican Peso
  o Brazilian Real
  o Chilean Peso
  o Colombian Peso
  o Peruvian Sol

Edgewater outlines the benefits of the EdgeFXLatam platform as: • Streamlined access utilising local datacenters
• Peer to Peer Central Limit Order Book posting of interest
• Anonymous and Disclosed liquidity via a single interface
• Counterparty credit remediation between Local and Global players
• English/Spanish/Portuguese support
• STP processing
• Analytic and Trade optimization tools
• Onshore/Offshore Forward Market Making