Currenex review by professional crypto currency trading experts the “ForexSQ” FX trading team, Everything you need to know about what is Currenex trading platform.
What Is Currenex Trading Platform?
Currenex is a market-leading technology provider offering the FX community high-performance technology and deep pools of liquidity for anonymous and disclosed trade execution.
A foreign exchange aggregator or FX Aggregator is a class of systems used in Forex trading to aggregate the liquidity from several liquidity providers.
Aggregators usually provide two main functions; they allow FX traders to compare price from different liquidity venues such as banks-global market makers or ECNs like Currenex, FXall or Hotspot FX and to have a consolidated view of the market. They allow traders to trade with many participants using a single API or a single trading terminal. Some of the systems support order sweeping (an order is split into the chunks which are sent to the respective counterparties based on the price, time and other attributes of the quotes from these counterparties), other systems route the whole order to a single liquidity provider who is chosen by an order routing algorithm embedded into an aggregator.
Currenex Review Conclusion
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