Reksoft - Software Engineering & IT Outsourcing

Project case studies

Creating a complete e-commerce solution for trading foreign currency

Creating a complete e-commerce solution for trading foreign currency

Client

FXDD is a leading online retail forex firm that offers e-commerce products for trading margined foreign currency at interbank market rates. The company is one of the world’s top three interdealer brokers and caters to a diverse clientele including retail traders and investors, corporations, money managers, and hedge funds.

Challenges

  • FXDD sought updated trading platform to retain competitive ability
  • High availability and professional trading functionality essential
  • FXDD required partner with considerable portal solution expertise

Solution

  • We set up a dedicated offshore development centre
  • System provides real-time margin monitoring in numerical and graphic format
  • Platform fully integrated with global banks and trading houses
  • Currency pairs and ‘bid & ask’ transactions accessible worldwide
  • Our ODC team continues to assist FXDD with ongoing maintenance

Result

  • Trading platform’s short time-to-market enabled FXDD to retain competitive ability
  • System offers full range of services to broad range of users
  • Platform boasts high availability and faster processing

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