Integral Press Release
INTEGRAL's FX Inside STP NOW AVAILABLE VIA THOMSON REUTERS
- RTNS community now has easy access to Integral FX Inside
- FX Inside clients can rapidly implement STP via RTNS
Mountain View, CA: December 9, 2008: Integral Development Corporation (www.integral.com), the leading independent provider of electronic foreign exchange (eFX) trading systems, announced the availability of STP through the Thomson Reuters trade notification tool, Reuters Trade Notification Service (RTNS), for FX Inside clients.
FX Inside, Integral's Execution Management System, is a direct access trading system for Spot, Outrights and Swaps that aggregates executable streaming prices from multiple liquidity providers offering traders best price and best execution. FX Inside now offers STP via RTNS, Traiana, and Integral's STP client.
RTNS is a secure trade-messaging hub that facilitates STP through the electronic transfer of all trade-related messages, supports industry standard message formats including TOF, FIX, FpML, XML and CSV, and provides connectivity into risk and trade management systems, such as Reuters Kondor+, all through a single connection. Message delivery is guaranteed so that P&L and risk views are updated in real time. Benefits that customers will see include improved operational efficiencies and reduced costs.
"We are pleased to provide our FX Inside clients with seamless STP through RTNS," Harpal Sandhu, Integral's CEO, said. "Integral is an independent provider of eFX systems and this provides our clients with the ability to rapidly integrate STP messages from FX Inside into their back office systems."
Integral will publish messages to RTNS from FX Inside. FX Inside traders who desire STP services can now utilize RTNS directly. Existing RTNS users can now easily migrate to the FX Inside Execution Management System.
Rich Kiel, Global Head of Post Trade Services at Thomson Reuters said: "RTNS provides financial market professionals guaranteed delivery of trade information in real time helping them manage their risk better whilst greatly improving operational efficiency.
"Thomson Reuters is excited to extend these benefits to Integral's client base. The RTNS post-trade efficiencies and Integral's FX Inside high performance FX trading solutions work together to bring a complete solution to trading clients," Kiel added.
Integral develops and operates FX Grid, a global Multi-sided Trading Facility (MTF) connecting active market participants with all major sources of FX liquidity. Together with FX Inside, its real-time Execution Management System (EMS), Integral's products represent the intersection of direct market access and algorithmic trading in the foreign exchange markets. Founded in 1993, Integral maintains development, support, and sales offices in Silicon Valley, Chicago, New York, London, Hong Kong, Tokyo, Singapore and Bangalore. Accel Partners is the lead investor in the company.
For more information please visit: www.integral.com