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innerExchange, a leading provider of FIX trading, connectivity and smart routing solutions to the financial community, today announced that it has launched makeYOURmarket.com, a unique technology platform that will help its clients to create their own fully featured electronic trading exchange on-the-fly.
makeYOURmarket is the quickest, easiest and most cost effective way for buy-side traders or sell side banks and brokers and any prospective exchange to set up their own personalised real-time electronic marketplace, covering any product or asset class and to provide access to their market through a fully featured electronic trading interface. In 3 clicks of a mouse, customers are able to define the products they want to trade (FX, equities, futures, etc…), choose from a range of different matching algorithms (FIFO, Pro-Rata, Binary…) and provide access to their market through an ultra low footprint trading GUI. All the customer needs is access to the Internet and a valid e-mail address. New products can be added easily on the fly and made instantaneously available to all traders.
Furthermore, once created, an exchange can be linked to other existing pools of liquidity such as established exchanges, ECN’s, dark pools, and MTF’s using the innerExchange smart order routing functionality.
makeYOURmarket can be provided on a standalone or fully hosted basis providing all the infrastructure and business flows end-to-end using the latest FIX specifications. It also provides a range of reporting tools and formats covering all trading activities to multiple destinations. makeYOURmarket is fully MiFID compliant and includes a complete real-time risk management module.
Nicolas Chéronet, Managing Director of innerExchange said "We believe that makeYourmarket responds to the needs of many market participants who are looking to build and link diverse electronic pools of liquidity. It is a straightforward and yet complete “out of the box” electronic exchange service which can be used by anybody, anywhere, to trade virtually anything. It has been designed to provide an outstanding level of service and enables our clients to streamline their trading activities and cut their costs”.
