FXall Upgrades Trading Platform Technology
FXall, the electronic foreign exchange (FX) platform, has made hardware investments and software enhancements to its matching algorithms and Accelor technology which underpins its order book and FXall trading platforms. The company said the combined improvements increase peak order capacity by 50% and reduce tail latencies that impact client execution speed at the 95th percentile.
“Active trading clients care about both execution speed and fill rate. Our matching engine delivers 90% fill rates on average for clients, with many seeing 100% of orders filled on a consistent basis. This reliability gives them confidence in their ability to get their trades done at the best price on our platform,” said Minor Huffman, chief technology officer of FXall.