just now
Tuesday, June 5th, 2017 – Edgewater Markets, a leading global provider of institutional FX liquidity, announces the launch of a local matching engine in Tokyo. The deployment of the server in the TY3 data center will enable customers to connect directly to the Edgewater Markets local environment. Edgewater Markets continues to grow globally by providing efficient, low latency technology solutions to its growing number of clients. Edgewater’s matching engine was designed to achieve maximum throughput and facilitate seamless access to liquidity in all deliverable spot currency pairs and spot metals.
Tokyo (Photo Source: Erik Eastman, Unsplash)
FX trading and liquidity platform continues to execute global growth strategy and emerging market expansion
The installation of the TY3 server follows a year’s worth of development from Edgewater Markets. In 2016, they announced the hires of several FX veterans in their New York, London, Singapore and Mexico City offices. While the firm’s personnel have grown, their success in pursuing global expansion has followed suit. Most recently, Edgewater found success in their launch of the firstever local matching engine in Mexico City’s KIO-5 data center.
“Edgewater Markets continues to innovate by providing bespoke trading solutions improving access to liquidity and credit” Said Juan Carlos Lopez, Head of currency products at Banco Intercam.
Edgewater Markets has recently opened a Monterrey office to help support the local growing client base. This comes on the heels of recent additions in Mexico including a development team focused on delivering customized solutions for financial institutions across Latin America.
“The response from our LATAM business has been outstanding since localized matching was deployed.” explained Skovran Schreder, Founder and CEO of Edgewater Markets. “This only further expedited our efforts to engage locally with Asia markets as well.”
These significant upgrades in Edgewater’s Asia, Mexico and LATAM instances reinforce its mission to expand their global footprint, in tandem with their investors. In March 2016, Edgewater Markets announced a $30M equity investment from FTV Capital, a leading investor in innovative financial service companies, to help accelerate Edgewater’s global growth strategy. Headquartered in New York City, Edgewater currently serves over 300 clients worldwide from offices in London, Singapore, Mexico City, Los Angeles and Chicago. Furthermore, Edgewater does not charge fees, reducing transaction and management cost for clients. The credit counter party on all trades is one of our Prime Brokers, which provides complete anonymity in execution, simplified credit setup and efficient trade settlement.
For more information, please visit http://www.edgewatermarkets.com/ or contact info@edgewatermarkets.com. Edgewater Markets is a registered member of the NFA.
