New York, New York – April 22, 2008 -- Tradeview Forex, an online foreign currency trading (forex) division of Rosenthal Collins Group, today announced the addition of two new liquidity providers to its recently launched straight-through processing (STP) system, designed to increase the speed and efficiency of its transactions. These additions, coupled with the utilization of STP through the firm’s network of global banks will provide hedge funds, institutions, money managers and private clients the opportunity to take advantage of a quicker processing cycle, tighter spreads and access to the liquidity of a global market.
Recognizing the necessity to facilitate a real-time architecture in order to meet the global demand resulting from the significant growth of online trading, Tradeview Forex has chosen to automate its systems using a straight-through processing framework to realize a real-time operating environment as well as reduce the time, cost and associated errors of manual intervention.
The move enables the entire trade process to be conducted electronically without the need for re-keying or manual intervention, making Tradeview Forex one of the earliest adopters of this all-digital system to connect the popular Metatrader 4 online trading platform directly to its banking network.