Rietumu Bank Launched Platform for Trading on Forex
OREANDA-NEWS. August 23, 2011. Products & Services Rietumu Bank has launched its own platform for trading on Forex – Rietumu FX. On Rietumu FX platform customers of the bank can execute deals directly – just like the largest world banks and investment funds, reported the press-centre of Rietumu Bank.
Rietumu FX gives an opportunity to join the Forex market without any intermediaries. Quotes are provided directly from the market via liquidity providers.
Unlike many other trading platforms, all the deals executed via Rietumu FX have real implementation on market.
Capabilities of Rietumu FX guarantee quick and precise responds to orders and minimize risks of technical errors. The vast majority of the deals are executed as close to the given parameters as possible and without slippage, that helps to avoid a common problem of market failure due to sharp exchange rate changes. This possibility is achieved by the virtue of large number of prime brokers and market makers, as well as high quality and unique software.
The practice shows that currently more and more private investors prefer to work on Forex through the banks, avoiding any intermediaries such as brokerage companies. The banks ensure higher levels of security and service. One of the key factors is a guarantee of entering the real market.
“Rietumu FX allows you to profit regardless of your location or time of the day. Owing to the fact that the trading is executed directly on behalf of the bank, with no mediation of any brokerage companies, there is no need to worry about integrity of the dealer providing quotes. Therefore, regarding the time span and profit – the world is your oyster”, – says Deputy Head of Securities and Financial Markets Departments of Rietumu Bank Daniel Zhiryakov.
Rietumu FX is produced by one of the world’s largest professional trading platforms developers Integral. Integral’s trading software is used by such banks as Barclays Bank, Bank of America, Deutsche Bank, HSBC, JP Morgan Chase, Credit Suisse and many other financial world leaders. The company has won numerous international awards, in particular, "Best Trading Technology Vendor", "Best Algorithmic Trading System", "Best Retail FX Platform", etc.
The platform has many high quality professional applications and user-friendly interface; provides wide range of orders; detailed graphs and technical analysis possibilities, precise and timely feedback. Rietumu FX is compatible with majority of up-to-date trading applications.
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