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Trading Newsflashes: Calyon Financial Picks Integral for FX Trading, and more

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Calyon Financial Picks Integral for FX Trading

Global broker Calyon Financial chose Integral Development Corp. to provide the underlying technology and services for its new platform, Calyon Financial FX Edge. The global online foreign exchange trading platform will provide Calyon's customers with access to liquidity from multiple, tier-one banks to obtain tighter spreads and greater depth of liquidity, says the release.

Calyon and its liquidity providers are connected through Integral's FX Grid connectivity network to consolidate and stream spot prices, with zero market risk, via Integral's FX Inside Platinum algorithmic trading platform. FX Edge will allow traders to use a one-click system via a browser-based user interface for fast market access.

"We are searching for a partner who appreciated both the business complexity and technology reality of delivering a real-time, automated, risk-managed FX solution. Integral and its team of leading-edge technologists and business analysts were uniquely positioned to deliver this with us," stated Max Smith, chief dealer for FX at Calyon Financial in a release.

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